{"id":4290,"date":"2023-02-01T07:38:17","date_gmt":"2023-02-01T07:38:17","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/02\/01\/gaming-innovation-group-finalizes-askgamblers-acquisition-from-catena\/"},"modified":"2023-02-01T07:38:17","modified_gmt":"2023-02-01T07:38:17","slug":"gaming-innovation-group-finalizes-askgamblers-acquisition-from-catena","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/02\/01\/gaming-innovation-group-finalizes-askgamblers-acquisition-from-catena\/","title":{"rendered":"Gaming Innovation Group Finalizes AskGamblers Acquisition from Catena"},"content":{"rendered":"
\n

Catena Media Plc\u2019s casino affiliate websites Askgamblers, Johnslots, Newcasinos, and numerous smaller domains have been acquired by Gaming Innovation Group Inc. (GiG). and will begin consolidating these assets today.\n<\/p>\n

Now that the deal is complete, GiG Media have said to be looking forward to the operational and commercial prospects presented by the well-known affiliate website AskGamblers. Management is committed to improving the asset\u2019s performance and has a clear strategy in place to utilize GiG Media\u2019s breakthrough technical SEO and marketing technologies, as well as Askgamblers\u2019 deep experience. GiG intends to achieve significant growth and optimize profitability by refocusing on the Askgamblers domain, with the objective of growing revenue and EBITDA in the near future.<\/p>\n

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The deal is carried out through the purchase of all outstanding shares of Catena Publishing Limited and Catena Media doo Beograd by Innovation Labs Limited (GiG Subsidiary). The consideration is \u20ac45,000,000 (cash and debt free), of which \u20ac20,000,000 is paid today, with the remaining amount to be paid in two installments on January 31, 2024 (\u20ac10 million) and January 31, 2025 (\u20ac15 million).\n<\/p>\n

CEO of GiG, Richard Brown, said:\n<\/p>\n

\u201cWe are thrilled to add another top casino affiliate site to our portfolio, and believe it holds immense growth potential. The acquisition also broadens our geographical footprint and increases revenue diversity both geographically and client wise, reducing the overall operational risk.\u201d<\/em>\n<\/p>\n

The post Gaming Innovation Group Finalizes AskGamblers Acquisition from Catena<\/a> appeared first on iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Catena Media Plc\u2019s casino affiliate websites Askgamblers, Johnslots, Newcasinos, and numerous smaller domains have been acquired by Gaming Innovation Group Inc. (GiG). and will begin consolidating these assets today. Now that the deal is complete, GiG Media have said to be looking forward to the operational and commercial prospects presented by the well-known affiliate website […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-4290","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=4290"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/4290\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=4290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=4290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=4290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}