AskGamblers was sold for 15 million EURO
The Catena Media corporation has bought the website Askgamblers.com for 15 million EURO on April 3, 2016. Nowadays, it is an absolute record of the deal’s value in the industry. Askgamblers.com is one of the leading affiliate websites, with very good visibility in search engines today. The main advantage of the websites became an opportunity at players to file complaints about the delays of withdrawals or problems with verification process. The website was sold entirely for 15 million EURO, including all active affiliate accounts, domains and mobile versions.
Procedure of payments:
Catena Media will fork over 15 million EURO for the website. Transactions will be made in the following way:
• 3 million EURO will be paid at once.
• 8.25 million will be paid upon the handover of all assets (including all affiliate accounts) to Catena Media.
• 3.75 million will be paid within 6 months after the last payment.
Calculation of cost
AskGamblers has earned to the old owners about 810 000 EURO for the first quarter of 2016.The annual number of new players registered by the AskGamblers’ affiliate links and deposited real money reaches the astronomical 25 000 according to preliminary calculations. In other words, the website brings over 2000 new depositors monthly (NDA’s). AskGamblers belonged to the team from Serbia consisting of 30 employees. Speaking about Catena Media – the corporation has 3 branches in different countries and a workforce of about 130 employees.