Affiliate marketing business Net Gaming Europe has reported a 21.3% year-on-year decline in first quarter revenue, though new chief executive Robert Andersson claims that a refocused business has sufficient untapped potential to grow from Q2 onwards.
Performance marketing specialist Atemi has reported a year-on-year rise in revenue and new depositing customers (NDCs) during the first quarter, while the business is forecasting forecast further growth in Q2 despite the ongoing novel coronavirus (Covid-19) pandemic.
Affiliate marketing giant Better Collective has reported a year-on-year increase in revenue and profit for the first quarter, despite growth slowing towards the end of the period due to the novel coronavirus (Covid-19) pandemic.
Online affiliate and content marketing provider Raketech has said that despite experiencing a 76.6% year-on-year decline in profit during the first quarter of 2020, it was a “stable” period of trading for the business.
Catena Media has reported a 2.3% year-on-year increase in revenue for the first quarter in its preliminary results for the period, despite the sports betting arm of its business being impacted by the ongoing novel coronavirus (Covid-19) global pandemic.
The recently formed Gamesys Group has suspended all non-targeted customer marketing, including television and radio advertising, to protect customers and minors under lockdown as a result of novel coronavirus (Covid-19).
Online gaming affiliate business Net Gaming Europe has said expects the novel coronavirus (Covid-19) pandemic to have a “limited” impact on business, with a quarter-on-quarter drop in revenue forecast for the first three months of 2020.
Affiliate giant Gambling.com Group has issued an update on the effects of the novel coronavirus (Covid-19) on its business, reporting that it generated revenue of €2.4m for January and February 2020, down 27.4% year-on-year.
Online affiliate and content marketing provider Raketech said it does not expect the outbreak of novel coronavirus (Covid-19) to have a long-term impact on its business, but did warn that the pandemic is likely to affect sports betting income.
Catena Media has reported a 5.7% year-on-year increase in revenue for the two months to 29 February, with the affiliate marketing giant saying that it anticipates further growth amid the novel coronavirus (Covid-19) pandemic.
Net Gaming Europe has reported a year-on-year drop in revenue and profit in 2019, with chief executive Marcus Teilman saying the introduction of new local regulations across Europe had made for a challenging year for the online gaming affiliate business.
Affiliate marketing giant Catena Media has reported a full-year loss of €10.5m (£8.8m/$11.3m) for 2019, primarily due to impairment charges related to assets acquired between 2016 and 2018, while all core business units struggled in the period.
Affiliate giant Catena Media has revealed it is set to post an operating loss for the fourth quarter due to the impact of intangible assets, the adoption of IFRS 9 accounting assumptions and an exceptional revenue adjustment in the US.