Catena Media acquired AskGamblers

[dfiocch]

Nice memories, thanks

Uhm... you like italian pasta?
Well, well, well... I'm italian and a I can cook well. Buzz me if you're around

[gaffg]

those numbers were for the quarter for income and number of players

[thebookiesoffers]

those numbers were for the quarter for income and number of players

the income was, the number of players wasn't. not according to what is written in the article anyway

[FruityJelena]

Uhm... you like italian pasta?
Well, well, well... I'm italian and a I can cook well. Buzz me if you're around

Yes I do, especially with pesto, that's my favourite!
And I adore Italy in general - it's the most visited country from me so far

[sweetbet]

AskGamblers are doing 1 thing that is fundamentally different from most webmasters.

They review and list as many online casinos as possible.

Most of us aren't going to list as many online casinos as we can because we don't want to get ripped off by the many rogue ones that are out there.

I'd hate to think how much money they're losing by listing dodgy outfits.

[FruityJelena]

They review and list as many online casinos as possible.

Same as LatestCasinoBonuses for example...

[sweetbet]

That's right. As a customer, I want to go to a place that offers more rather than less. That's why large shopping centers are more popular than small convenience stores. But as a webmaster, I'd hate to send a depositing player, especially a high roller to a rogue program that will scam the player and myself.

[Miles_FTA]

Great Company Great people success well deserved just nice to see good people come good.and f
or the rest of you hard working guys something to aim for

[FruityJelena]

Great Company Great people success well deserved just nice to see good people come good.and f
or the rest of you hard working guys something to aim for

I guess you're talking mostly about me here, under "great people" :P

[Casinorep]

She did talked me from jumping off a bridge a few times Hahahaha.

[TheGooner]

Very impressive result for those guys, what's that circa 20 x earnings? Far, far more than some of the numbers that have been bandied about on here in the past, although clearly this is a far bigger, professional outfit. Congratulations to all involved!

810K in a quarter at 80% profit margin = (say) 640K or 210K per month profit.
At 15m that's approximately 70 x monthly profits or 5-6x annual profits.

That's a little shy of of my 6-8x annual profits asking price but it would do.

True. Based on the numbers it's quite a lot, but AG is a stabile company, not a one man show (I think) and a future-proof website with an awesome design and engine.

I'm not sure anything is future-proofed in this line of work - but they've certainly grown big enough to get past most of the standard risks. There is still the usual regulatory risk, direct app risk, new internet risk, google risk etc.

AskGamblers are doing 1 thing that is fundamentally different from most webmasters.
They review and list as many online casinos as possible.

Most of us aren't going to list as many online casinos as we can because we don't want to get ripped off by the many rogue ones that are out there. I'd hate to think how much money they're losing by listing dodgy outfits.

Interesting point - on that metric those numbers are actually pretty poor ...
Those numbers of 2.55m profit on 25,000 depositors (and base) = slightly more than 100 euro per player.
That's awful a lot of low value in that customer supply chain. Freebie hunters ?

[AE-Martyn]

AG only pushing regulated US markets now, so there is more of the pie to share around for those of you pushing the US.

[Progger]

april april....

[JackTenSuited]

Interesting point - on that metric those numbers are actually pretty poor ...
Those numbers of 2.55m profit on 25,000 depositors (and base) = slightly more than 100 euro per player.
That's awful a lot of low value in that customer supply chain. Freebie hunters ?

Was thinking the same, doesn't seem to attract particularly valuable players.

As for the valuation it seems fair enough, they have a huge base of existing traffic and brand awareness and aren't solely reliant on google like a lot of affiliates sites.

[Miles_FTA]

I guess you're talking mostly about me here, under "great people" :P

When i refer to people of-course im talking about you

[ocreditor]

Big news indeed

[golfbettingsystem]

810K in a quarter at 80% profit margin = (say) 640K or 210K per month profit.
At 15m that's approximately 70 x monthly profits or 5-6x annual profits.

That's a little shy of of my 6-8x annual profits asking price but it would do.

...ah yes, 810 in the first quarter not full year, it had been a long day!!

[Greatta]

The site sold for EUR 15 million

[casinodriver]

Impressive..Congrats to both parties.

[MrBinaryAff]

Serbs did a great job! Very impressive and kicking myself harder to get even near those numbers