XLMedia Plc has informed the markets that it has reached a binding agreement to sell its media assets for Europe and Canada to Gambling.com Group. The deal terms will see Gambling.com acquire XLMedia’s European and Canadian market portfolios for a total consideration of up to $42.5m , including a fixed sum of $37.5 million and a potential earnout of up …
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Gambling.com banks $50m credit facility to bolster balance sheets
The board of Gambling.com Group has announced that it has secured a new $50m credit facility backed by Wells Fargo Bank. The credit facility will be used by the Nasdaq-listed igaming media company for “general corporate purposes, to settle deferred consideration, and to fund potential growth opportunities.” Investors were informed that Wells Fargo will provide its $50m allotment in two …
Read More »Stats Perform & Checkd Dev continue Opta sports data-focused deal
Stats Perform has extended its data licensing partnership with sports betting technology specialist Checkd Dev. The company – a part of Checkd Group – will work with its long-term partner and Opta data owner to enable licensed operators to embed Checkd Dev’s Opta data-powered Smart Acca interactive betting tool into market pages. This will include football and US sports in …
Read More »Checkd Group to accelerate growth with new digital PR team
Checkd Group has announced a new digital PR team to boost its organic search performance across its key sites in the UK and the US. Firstly, the technology-led sports betting specialist has named James Dixon as the Head of Digital PR of Checkd Media – the company’s content and marketing arm. Dixon said on his appointment: “This is a key …
Read More »Catena hires Manu Stan as new CEO to lead US playbook
The board of Catena Media Plc has confirmed the appointment of Manuel ‘Manu’ Stan as CEO of the Stockholm-listed affiliate media publisher. Investors were informed that “Manuel will lead Catena Media’s North American and global market operations from Las Vegas, where he is based. He will assume his position on July 1, 2024.” The appointment sees Stan succeed Michael Daly, …
Read More »Catena Media parts with CEO Michael Daly with immediate effect
The board of Catena Media Plc has this afternoon announced that Michael Daly has chosen to step down as Chief Executive Officer with immediate effect. Investors of the Nasdaq Stockholm affiliate and media publisher were informed that Pierre Cadena, VP Corporate Strategy, will assume the role of interim CEO, leading the firm’s ongoing reorganisation to focus on North American growth. …
Read More »Better Collective tops FY2023 high targets ahead of Playmaker refresh
Better Collective A/S states that it has exceeded financial expectations in revenue and earnings following a transformative year for its business, which acquired seven new media properties for €300m. Year-end trading sees the Stockholm and Copenhagen listed media group’s revenues stand at €327m (FY2022: €269m), alongside an EBITDA result of €110m (FY2022: €85m). Corporate results outperformed the enhanced targets of …
Read More »Raketech hails sub-affiliate growth to hit elevated FY2023 targets
Raketech Plc has delivered on elevated targets for 2023, bolstered by the expansion of its media network and partnerships. Publishing its Q4 trading results this morning, the Nasdaq OMX-listed igaming media group registered period revenues of €22.7m, up 45% on Q4 2022 comparatives of €15.8m. Headline growth was credited to a threefold jump in sub-affiliate income totaling €11.4m (50% of …
Read More »Checkd Dev identifies ‘clear gap’ in boxing with bet365 & iD Sports app
Checkd Dev has partnered with iD Sports Media in launching an app for the Boxing News media outlet. The long-term commercial partnership will see the mobile app, available on IOS and Android, feature the latest news, views and videos from the Boxing News team. It will also include free-to-play (FTP) predictions games, interactive live scorecards and bet placement journeys with …
Read More »20Shots signs football insider Fabrizio Romano for Opta
Affiliate marketing firm 20SHOTS has announced the next chapter in its marketing division by signing football journalist Fabrizio Romano to its latest expansion campaign. Romano will take part in 20SHOTS’ service outsourcing to sports data firm Stats Perform and its Opta platform, including the creation of the Premier League fantasy football game Opta Five – part of the Opta Games …
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