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  1. #1
    cass's Avatar
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    Default Catana Media Purchases Right Media (Right Casino)

    Hi All,

    Thought I'd share this news with you.

    Catena Media is primarily operating in online casino and then online gaming and will enhance its product offering to include the highly expanding pay-per-click (PPC) area, with the acquirement of UK Company Right Casino Media.
    http://www.rocketnews.com/2015/11/ca...-casino-media/

    USD 9 million is the purchase consideration of acquisition, out of which USD 3 million will be paid on the date of acquisition
    Last edited by cass; 1 December 2015 at 5:24 am.

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  3. #2
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    Miles_FTA is offline No longer with Fast Track
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    Incredible Company wow

  4. #3
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    Something seems off about this deal to me. $9 million? The WizardofOdds site sold a year ago for $2 million. It was over a decade old, had huge traffic and I'm confident that most affs would agree content that few could contend with. It also went with the WizardofVegas forum which was a very significant community and a few other less notable properties. Looking at the Alexa ranks for the 2 sites:

    http://www.alexa.com/siteinfo/http%3...ightcasino.com

    http://www.alexa.com/siteinfo/http%3...zardofodds.com

    I wonder what it was that inflated the value of RightCasino to this degree? I assume the deal included Castle casino, but that still seems a lot.

    TP
    Last edited by thepogg; 1 December 2015 at 3:09 pm.
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  7. #5
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    Quote Originally Posted by gaffg View Post
    Maybe it includes the casino and data as well.
    Sorry - edited before I saw your response.
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  8. #6
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    I think it was for the PPC expertise. If you can spends

    Overall Sales recorded for the first three quarters were EUR 892, 000, with slightly more than 55 percent gross margin. The company has grown significantly and builds its repute in market, especially in UK and France which are two major markets.
    If you can spend 892k and make about 490.6k gross profit, then you know something thats worth paying for. The price is $3 million upfront and the other 6 depending on targets too, so its not all the lot in one go.

  9. #7
    ronswansohn is offline New Member
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    Hi,
    In my view, the Right casino media, traffic wise is worth near nothing, I hope (for Catana) the deal includes Castle Casino.
    Never mind Alexa ranking or not, their traffic is not up scratch, quality or quantity wise.

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  11. #8
    benl12 is offline Private Member
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    Castle casino is due to close https://www.gpwa.org/forum/castle-ca...se-223390.html so can't imagine its got much value.

  12. #9
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    Removed.
    Last edited by davemerry; 3 December 2015 at 8:30 am. Reason: Removed.

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    -Shay- is offline Public Member
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    Quote Originally Posted by davemerry View Post
    Hi guys,

    I wanted to clarify that Castle Casino (or the data) is absolutely nothing to do with Right Casino Media or the sale.

    Right Casino Media holds a lot of assets and technology - the purchase price was certainly a representation of the value.

    Cheers!
    What was the reason for removing this quote?

  14. #11
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    Quote Originally Posted by benl12 View Post
    Castle casino is due to close https://www.gpwa.org/forum/castle-ca...se-223390.html so can't imagine its got much value.

    Well, affiliate costs are cut at least

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  16. #12
    pinkytoe is offline Private Member
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    The deal was for $3m with potential rises to $9m based on what I assume are targets.

    Did people not say the Wiz deal was off at the time too?

    Regardless, it's futile to compare the sites and prices.

  17. #13
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    That company is growing fast, unbelievable.

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