Affiliate News

category for affiliate news

Better Collective sanctions 4m share sale to fund M&A options

Issuing a corporate filing, the governance of Stockholm-listed Better Collective AS has confirmed its intention to sanction a direct issue of 4 million shares (9% of corporate equity) to secure funds for further M&A activity. Authorisation of the intended share sale was granted by Better Collective investors at the firm’s AGM on 25 April 2019, with the transaction made available …

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Moneta launches HorseRacing.net seeking to become racing’s top authority

Manchester-based affiliate marketing publisher Moneta Communications has moved to bolster its racing capacity by launching new online community ‘HorseRacing.net’. Securing the high-profile domain of HorseRacing.net, Moneta seeks to develop the leading information authority servicing all racing and betting audiences. HorseRacing.net will provide comprehensive, news, coverage and analysis of global racing’s meeting schedule, whilst offering its audience over 200 betting selections …

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Miami Dolphins Ross takes firm bet on The Action Network

US gambling media publisher The Action Network has secured the enterprise backing of US real estate billionaire Stephen Ross – owner of the Miami Dolphins and Hard Rock Stadium. Ross’ private equity vehicle RSE Ventures confirmed this morning that it had undertaken a $17.5 million investment in The Action Network, an enterprise seeking to dominate all US wagering media disciplines in …

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Raketech appoints ‘proven pro’ Klas Winberg as new CMO

Stockholm-listed industry affiliate marketing network Raketech Group Plc has confirmed the appointment of Klas Winberg as new Chief Marketing Officer (CMO). Winberg joins Raketech’s executive management team from competitor Catena Media, where he formerly served as VP of Sales & Marketing, leading the firm’s commercial disciplines. A proven industry leader in player acquisition, market development and developing effective marketing strategies, Winberg …

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RAiG launches social responsibility audit

Responsible Affiliates in Gambling (RAiG) has published the details of its social responsibility audit, which will provide assurance that RAiG members are compliant with relevant UK regulatory requirements. The audit, which will be repeated on an annual basis, will place significant focus upon the improvement of consumer safeguards within the gaming industry, as well as facilitating the implementation of good …

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Strong Q3 US trading sees Gambling.com edge ahead

Gambling.com Group Plc has recorded a slower period of growth for Q3 2019, with revenues up 2% to 4.16m euros, but the firm is still 22% ahead of 2018 for the first three quarters. The digital marketing firm reported New Depositing Customers (NDCs) for the period increased by 4% to 18,411 however adjusted EBITDA (excluding non-recurring costs) dropped to 610,000 euros …

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Catena accelerates US and Japan prospects amid Euro slowdown

The governance of Stockholm-listed Catena Media AB has continued to back the firm’s strategic progress and diversification strategy to overcome declines within the UK and Nordics. Competing against tough Q3 2018 metrics and a ‘slowdown in organic growth’ within its marketing verticals, Catena records a 5% decline in Q3 2019 corporate revenues €26.4 million (€27.7m) – with year-to-date revenues tracking at …

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Oddschecker to keep “chipping away” at price change lag time

Oddschecker

Customers are experiencing a less than 10-second lag time for big betting market price changes on Oddschecker after the affiliate completed a “once-in-a-generation” technology project to rebuild the way it processes odds from bookmakers. The new platform, focused on the key sports of horse racing, football and tennis, should now mean that the major markets for those three sports on …

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AsianLogic selects PartnerMatrix as affiliate system lead for sports betting brands

PartnerMatrix, the affiliate marketing solution of online gambling systems provider EveryMatrix, has secured AsianLogic flagship betting subsidiary Dafabet as a new marketing client. Updating stakeholders, AsianLogic confirms that PartnerMatrix will power the affiliate marketing programmes of Dafabet and its subsidiary brand Nextbet, upgrading the online bookmaker’s all-around player acquisition capacities. Following a competitive review, AsianLogic has selected PartnerMatrix as affiliate …

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US acquisitions boost Better Collective balance sheet

Better Collective

Better Collective said acquisitions in the US and Sweden had positively impacted its total growth in Q3 2019 (1 July to 30 September) after posting record quarterly revenues of €17.13 million – up 54 per cent from €11.13 million in the corresponding period of 2018. The industry affiliate added that organic revenue growth was 25 per cent. EBITA before special …

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