Affiliate News

XLMedia Plc has cited confidence in delivering on its full-year financial expectations and corporate objectives following positive first-half trading in 2021.   Publishing an H1 trading update (period ending 30 June), the London AIM-listed digital publisher expects to generate interim revenues of $32 million, up 15% on corresponding H1 2020 results of $27.7 million. Corporate performance has been buoyed by the …

Gambling.com Group Limited has announced the pricing of its initial public offering of 5,250,000 ordinary shares offered by the company at $8 per ordinary share. The underwriters of the offering will also have a 30-day option to purchase up to an additional 787,500 ordinary shares from Gambling.com at the initial public offering price, less underwriting discounts, and commissions. The company noted …

Digital publisher Planet Sport has moved to bolster its digital sports coverage by merging with Leeds counterpart YorMedia Solutions outright.  The deal sees Planet Sport take ownership of YorMedia’s flagship Football365 and TEAMtalk online football communities as the sports media and betting publisher aims to increase its ‘audience five-fold in the next three years to more than 30 million viewers …

Raketech has acquired Spanish affiliate marketing publisher and lead generation specialist Infinileads SL, in a bid to expand its services for Latin America, Spain and Italy. Marked as an “important strategic milestone”, the acquisition of Infinileads – along with key assests Slotjava.es and Slotjava.it – sees Rakatech enhance its position within several of LatAm’s emerging markets, such as Argentina, Mexico and Peru, in addition to current Infinileads core …

Flutter Entertainment Plc has this afternoon disclosed that it has agreed to sell its Oddschecker Global Media subsidiary to sports investment fund Bruin Capital for a deal consideration of £155 million.  Issuing a short statement, Flutter revealed that it has secured terms to receive £135 million in cash for Oddschecker, with Bruin agreeing to a further ‘deferred contingent’ of up …

Raketech has secured a one-year revolving credit facility with Avida Finans for a total of €15 million, enabling the firm to continue embarking on strategic acquisitions. Interest on the facility – which replaces an existing facility with Swedbank of €10 million – stands at 4.25%, in addition to an annual upfront commitment fee. Furthermore, as well as assisting the firm …

Better Collective AS will host its new ‘Bookmaker Awards’ on September 28 in Amsterdam, recognising the best performing and most rewarding betting brands operating across five European markets. The revamped awards show will reward Europe’s best performing bookmakers, according to the customer feedback collected by Better Collective’s player communities of Betarades (Greece), Speltips.se (Sweden), SpilXperten (Denmark), Zagranie (Poland) and PariuriX …