Connect with us
SIS

Affiliate Industry

Relationships between Regulators, Operators and Affiliates Storming the iGaming and Financial Industries discussed at Prague Gaming Summit 3

Zoltan Tundik

Published

on

From left to right: Assaf Stieglitz (President, Odds1x2 Holdings) and Tal Itzhak Ron (Chairman & CEO at Tal Ron, Drihem & Co., Law Firm) at Prague Gaming Summit 2018 - Photo credits: European Gaming Media and Events
Reading Time: 2 minutes

 

The third edition of Prague Gaming Summit, held on the 12 of March 2019 at Vienna House Andel’s Prague, will open with a thought-provoking and energizing panel discussion of operators, service providers, affiliates and expert lawyers. The experts of the panel will present a case study about the Affiliate-Operator relations and how it has been influenced by the regulators choices in 2019 and beyond.

Tal Itzhak Ron (Chairman & CEO at Tal Ron, Drihem & Co., Law Firm), along with a panel of industry experts will dissect the topic and answer a burning question of the industry, the Affiliate-Operator relations can be strained at times, so what should each party look for in a partnership in order to make sure it runs smoothly?

Find out what operators look for in a trustworthy affiliate, and discuss how we can all play a part in improving industry relations across the board. In this exclusive session affiliates, operators, lawyers and regulators discuss topics storming the industry.

  • As the compliance in the UK and Malta tightens – how do operators and affiliates embrace these changes?
  • Are players looking for other markets due to these compliance requirements?
  • As initiatives like trustly “Pay N Play” disrupts the way players open account –  what is the future of player acquisition and how can such initiatives propagate the tightened UK market?
  • As key personnel shift between the Malta Gaming Authority and Malta Financial Services Authority – can blockchain technology and cryptocurrency be the future basis for the iGaming industry?
  • What is the current M&A landscape for operators and affiliates?
  • How are the relationships between operators and white hat affiliates evolving as affiliates programs trim their affiliate partners? Are the big networks, which work on contracts with operators going to totally change the affiliate industry landscape?
  • What would the affiliate world look like a year from now with all the regulatory changes and the US opening for business?

The panel members will be:

  • Assaf Stieglitz (President, Odds1x2 Holdings)
  • Amir Mikay (Co-founder, TrafficLightMedia)
  • Yoav Dotan (Co-Founder, Affiliate Cruise and Genesis Global)
  • Stephanie Attias (Global Head of Regulation, Tal Ron, Drihem & Co.)

This slideshow requires JavaScript.

Don’t miss out on this exciting opportunity to engage on the subject of operator and affiliate relations at Prague Gaming Summit 3! You can Register here or View the Agenda

Whether you are a new to the industry or a veteran, Prague Gaming Summit offers the opportunity to learn something new and be part of a group at the forefront of gambling industry in the Czech Republic, Slovakia, Poland, Austria, Switzerland, Germany and Liechtenstein.

The Summit will approach all regulatory and compliance related aspects of the mentioned markets and will also highlight some trending topics such as the relationships between Regulators, Operators – Affiliates, MasterCard’s new requirements for Online Merchants (CFD, FX, Gaming, Crypto), understanding millennials (with emphasis on eSports, Daily Fantasy Sports an Virtual Sports), outsourcing for gaming companies, IT security, AML, KYC, CSR.

Several topics will also focus on the use of AI in sports betting industry related Big Data and in Responsible Gambling.

The program will also include a very important IMGL MasterClass that will aim to sharing the latest insights by the International Masters of Gaming Law experts about advertisement banning.

Full details about the event can be found on the official event website: www.praguegamingsummit.com

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

Continue Reading
Advertisement
Comments

Affiliate Industry

Raketech partners with Trustly to provide In-Banner Pay N Play technology across its leading online gaming products

George Miller

Published

on

Raketech partners with Trustly to provide In-Banner Pay N Play technology across its leading online gaming products
Reading Time: 2 minutes

 

Raketech, the leading online gaming affiliate and content marketing company, has joined forces with pioneering payments company Trustly to provide a new way for its users to experience gaming services with its In-Banner Pay N Play feature.

 

Johan Svensson, Raketech CCO commented: “We are delighted to partner with Trustly and offer a new technology that will improve user experience across our portfolio of iGaming and sports media products. Trustly´s innovative In-Banner Pay N Play technology delivers a cutting-edge gaming experience and brings significant value to operators looking to increase the efficiency of their marketing spend. Raketech users looking for the latest Pay N Play casinos or best betting odds can deposit and make bets easily using special banners featured on our products and without being redirected.”

Raketech is the first gaming affiliate to partner with Trustly’s innovative new concept. Raketech’s users searching for the best online gaming services can make deposits or place wagers without needing to leave the webpage they are browsing. The In-Banner Pay N Play feature enables fast and secure payments via direct bank account transfers.

Trustly, the European payments company, developed Pay N Play to streamline the user experience offered by consumer-facing merchants and operators and Raketech is a long-time advocate of the Pay N Play technology. The two companies share the goal of providing a fast and secure online gaming experience.

 

About Raketech Group :

Raketech is a leading online affiliate and content marketing company, with expertise in delivering SEO, online guides, communities and social media products in primarily the Nordic region and the UK. Through some 20 flagship brands, Raketech guides sports and gaming enthusiasts to the best possible services, while also delivering high-quality traffic and leads to its partners. Raketech grows both organically and via acquisitions and operates its business in accordance with a clear framework for responsible affiliate marketing services. The company’s shares are listed in Nasdaq First North Premier with ticker RAKE. Erik Penser is the company’s Certified Adviser. For more information, visit www.raketech.com.

Continue Reading

Affiliate Industry

Leading Gambling Comparison Company Seven Star Digital Raises Strategic Funding From Kinetic Investments

George Miller

Published

on

Leading Gambling Comparison Company Seven Star Digital Raises Strategic Funding From Kinetic Investments
Reading Time: 2 minutes

 

Seven Star Digital and Kinetic Investments announced a deal in which the gambling comparison company will receive investment to drive further expansion.

Seven Star Digital operates a number of well-known comparison brands including TopRatedCasinos.co.uk and Compare.bet. The company currently has 15 employees and is based in Shoreditch, London.

Kinetic Investments has previously invested in and partnered with other affiliate startups including Investoo Group, which is now one of the largest financial lead generation companies in the world and focuses primarily on growth through mergers and acquisitions.

Luke Eales – Founder and CEO of Seven Star Digital commented: “I’m very excited by the potential of this investment. We operate in one of the internet’s most competitive markets and have built a great foundation in a short period of time. Now the focus is on scaling while maintaining our top-quality service to consumers and our commercial partners. With Kinetic Investments and the fantastic team at Seven Star Digital, I am confident that the future will hold great things.”

David Merry – Partner and Co-Founder of Kinetic Investments commented: “Our investment in Seven Star Digital allows us to put our years of experience in digital growth, M&A and online gambling to use. Together with the amazing leadership and team at Seven Star Digital, I am confident that the company’s impressive growth will continue to accelerate.”

Terms of the investment have not been disclosed.

 

About Seven Star Digital:

Seven Star Digital was established in 2016 with a simple aim: to provide a better gambling comparison experience for consumers in the UK and beyond. The company has grown significantly since launch, using cutting-edge digital marketing to help hundreds of thousands of players find their perfect online gambling site.

About Kinetic Investments:

Kinetic Investments provides entrepreneurs with the capital and support required to transform their vision into a success, in return for shared ownership of the company. Ki invests £10k-£1m in early stage startups, usually in Seed funding and Series A rounds.

Continue Reading

Affiliate Industry

Cherry acquires remaining shares in Game Lounge

George Miller

Published

on

Cherry acquires remaining shares in Game Lounge
Reading Time: 2 minutes

 

Cherry AB (publ) (“Cherry”) – STO: CHER-B.ST – has signed an agreement to acquire the remaining shares in leading affiliate company Game Lounge Sweden AB (“Game Lounge”), thus gaining 100-percent ownership.

 

Cherry currently owns 95 percent of Game Lounge, which in turn owns 100 percent of Game Lounge Ltd. Cherry has signed an agreement to acquire the remaining 5 percent of Game Lounge. The purchase consideration consists of three parts and can amount to a maximum SEK 260 million.

The first part of the purchase consideration is fixed and amounts to SEK 100 million to be paid in cash when Cherry gains control of the shares. The second part of the purchase considerations amounts to SEK 60 million and is conditional on Game Lounge’s consolidated EBITDA for the period 1 January 2019 to 30 June 2019 exceeding SEK 90 million. In the event that the target of SEK 90 million is not reached as per 30 June 2019, the measurement period will be extended until 30 September 2019, at which time, Game Lounge’s consolidated EBITDA shall amount to at least SEK 150 million. The third part of the purchase consideration amounts to SEK 100 million and requires Game Lounge’s consolidated EBITDA to exceed SEK 300 million for any consecutive four calendar quarter period between 1 July 2019 and 31 December 2021, or between 1 October 2019 and 31 December 2021 in the event that the measurement period for the second part of the purchase consideration is extended in accordance with the above. Cherry is entitled to pay all or part of the second and third parts of the purchase consideration in Class B shares in Cherry.

The sellers are employees of Game Lounge. Against this background, the acquisition constitutes a so-called related-party transaction and must therefore be approved by a general meeting in Cherry. Cherry’s Board of Directors will prepare a written account of the acquisition and obtain an independent valuation statement (fairness opinion) regarding Game Lounge.

The operations in Game Lounge have developed well and Cherry’s Board of Directors makes the assessment that the company will continue to enjoy favourable market conditions into the future and that it is therefore desirable to increase Cherry’s holding to 100 percent. The sellers will remain in their senior positions, are shareholders in Cherry and also participate in incentive program within the Cherry Group. Accordingly, the Board of Directors assesses that the terms of the acquisition, including the purchase consideration, are in line with the market and will therefore recommend that Cherry’s Annual General Meeting approve the acquisition in accordance with the principal terms above.

 


CHERRY IN BRIEF:

Cherry is an innovative and fast-growing gaming company with operations in gaming, media and entertainment.
The company was founded in 1963 and today, Cherry operates through five diversified business areas: Online Gaming, Game Development, Online Marketing, Gaming Technology, and Restaurant Casino. The Group’s objective is to grow organically in combination with strategic acquisitions of fast-growing companies. Cherry employs some 1,400 people and has about 9,250 shareholders. The company’s class B share is listed on the Nasdaq Stockholm exchange, Mid Cap segment. More information is available at www.cherry.se.

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.