Affiliate News

Better Collective AS has reiterated its 2023 revenue expectations after reporting a ‘record’ trading performance during the second quarter, having followed up the three-month period with a series of expansions. The Stockholm-listed igaming media group reported revenue of €78m, a 39% increase on €56m the year prior, alongside EBITDA growth of 135% to €29m (€12m), with a margin of 37%. …

Catena Media encountered several difficulties across the geographic breadth of its business during Q2 trading, with the firm’s North American revenue dipping as it embarked on major changes to its European operation. The igaming media publisher reported group-wide revenue from continuing operations of €17m, a drop off of 16% on €20m recorded in Q2 2022. Adjusted EBITDA, meanwhile, fell 60% …

Checkd Group has reported successful trading for 2022 as the Manchester-based betting media publisher detailed a strong increase in revenue, bolstered by an expansion of its international presence. Overall, Checkd Group’s business-wide revenue rose 36%, with growth driven by successful year-long trading across its three core divisions of Checkd Media, Checkd Dev and Checkd International. Domestic growth saw revenue for …

Gambling.com has raised its full-year guidance on revenue and earnings following what it cited as exceptional H1 trading. Posting its interim H1 2023 results, the global Nasdaq igaming media publisher registered group revenues of $52.7m, reflecting a 48% increase from the 2022 comparative results of $35m. Standalone Q2 results revealed that Gambling.com generated revenues of $26m. Meanwhile, the company doubled …

Raketech Plc cites confidence in achieving its full-year 2023 financial and corporate objectives, following record-breaking Q2 results.  Publishing its latest trading update, Raketech sees its media network achieve all-time high quarterly revenue of €17.6m. The revenue result reflects a 56% increase on 2022 Q2 comparatives of €11.3m. The Nordic Nasdaq media group underscored “an organic growth of 56.0%” combined with …

Better Collective has expanded its international media portfolio with the acquisition of four Swedish websites from the Everysport Group. The four sites in question are SvenskaFans.com, HockeySverige.se, Fotbolldirekt.se and Innebandymagazinet.se, which have a combined monthly viewership of nine million in Sweden. Conducted at a total purchase price of €3.7m, the transaction will be paid for in three instalments and financed …

Navigating a start-up through its expansion, Peter Gunni’s path has been marked by transformation and evolution, driven by the process of trial and error. Stepping onto the spotlight of the eagerly awaited 2023 edition of SBC Summit Barcelona, Traffic Lab’s Chief Commercial Officer, Peter Gunni, sat down for an exclusive tête-à-tête with SBC Media. In this enlightening dialogue, he delved …

Affiliate management network ReferOn signed a new client this week as it eyes up a podium spot as an ‘industry powerhouse’, onboarding MioMedia onto its platform. A casino affiliate programme, MioMedia operates a range of brands including SlotPalace and MyEmpire, and is eyeing up a strengthening of its business via ReferOn’s multi-metric offering The group aims to leverage ReferOn’s widgets, …

Catena Media has informed investors that it expects to secure group cost savings of between €3.8m and €4.2m.  The savings target has been set as Catena launches a Cost Reduction Programme following the recent divestment of the firm’s UK and Australia sportsbook assets to Moneta Communications Ltd for €6m. The deal, announced on 3 August, will see Catena benefit from …

Catena Media has completed its share buyback program, executed from 31 July to 4 August.  The buyback program was sanctioned by company shareholders at an extraordinary general meeting on 12 July 2023 and further authorised by the board of directors on 17 July 2023.  The purpose of the program was to “deliver shareholder value and optimize the capital structure by …