http://www.igamingbusiness.com/news/...mes-online-19m
As always the impact on affiliates is a big worry...
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http://www.igamingbusiness.com/news/...mes-online-19m
As always the impact on affiliates is a big worry...
Hopefully they'll get the Stan James affiliate program sorted out.
Love to see how Unibet is growing. Love their business model ;)
I don't know much about Unibet - just thought of them as another European bookmaker.Quote:
Originally Posted by MrBinaryAff
What is it about their model that you love?
I dont like Unibet Affiliates. Why? Terms Changes: b) Unibet may change all or any part of this Agreement at any timetime(even without prior notice to the contracting party)
Negative Carryover retroactively applied to 3 commissions months and forward
Players untagged when deposit is not immediate
The Agreement shall be considered as automatically terminated if Unibet has to re-enter a market with a different platform / URL extension, and Eventscannot migrate its existing database of Default customers.
As you may assume I was speaking about Unibet Affiliates, but I wasn't as I don't have bookmaker website and don't work with Unibet as affiliate. All I can say I love how they developed over years, in like past 5-7 years. I was betting with them when I was back in Estonia, and now it is completely different product. Same with poker, even though they don't have their own player network and they use iPoker if I am not mistaken, they have developed a reward scheme, redesigned everything completely and made a better product. Their boots at affiliate conferences grew as well!Quote:
Originally Posted by TheGooner
I often compared it to Ladbrokes which has money, but never properly invested into website and internet marketing.
hopefully get my stan james accounts back then, i like unibet, do a lot with them in Australia
They do have their own poker player network now, they developed their own poker software a few years back, very much aimed at the recreational player.Quote:
Originally Posted by MrBinaryAff
I hope that they will not close SJ and move players to Unibet.
Like attracts like lol. I know about the SJ problems around here for a while. Unibet's terms are as bad as they come. Perfect match I'd say, it's like they found each other on tinder lol.
http://calvinayre.com/2015/07/10/bus...nline-for-19m/
£19m seems like a tiny amount, but then they only made just over £1m profit last year ....
Using that source ...
Quote:
Unibet Group Plc has signd an agreement to acquire the online gambling division of Stan James Group in a deal worth £19m
...
In the five month period to 31 May 2015, Stan James’ online business generated revenue of £10.5m and posted £1.4m EBITDA after paying UK point-of-consumption tax.
So it might be fair to project revenue of 24m and EBITDA of around 3m.
6x profit seems OK as a price.
I'm quite happy about this. Yes, we'll have to see how they sort the affiliate program out but I'm happy with Unibet acquiring the gambling division. I believe Unibet are a good company to help the gambling division to grow further as they know how to attract people and have experience with this.
I assumed Unibet were horrible for affiliates.
I guess anything is a step up from Stan James though.
Nice to see them grow, I like their products - their poker software is something new and different, hopefully Stan James players will boost traffic.
They aren't great but much better than Stan James. As you said, anything is a step up.Quote:
Originally Posted by pinkytoe