Game Lounge Expands into UK and German Internet areas Euro Palace Online Casino Canada through Interclick Acquisition
Game Lounge Expands into UK and German Internet areas through Interclick Acquisition
Major affiliate system Game Lounge Ltd. today announced it has penned an understanding to choose the essential assets of affiliate company Interclick Ltd. Hence euro palace casino no deposit, the Malta-based provider of internet affiliate marketing services for the Scandinavian online gaming markets will expand its presence in to the rapidly growing UK and German areas.
Game Lounge will pay the total amount of $1.5 million for the latest acquisition. The business shall finance the deal through cash. Interclick is anticipated to boost Game Lounge’s annual income by €1.3 million as well as its EBITDA by the approximate of €1 million. The internet marketing provider said it expects return on its assets within lower than eighteen months.
Interclick was servicing great britain and German areas for 14 years. By acquiring the organization, Game Lounge will incorporate significantly more than 40 domain names and a wide range affiliate reports into its operations.
Commenting in the deal, Game Lounge CEO euro palace online casino login and founder Jonas Cederholm stated that it’s going to speed up their company’s technique to expand outside the Nordic markets and that they be prepared to reap the benefits from their latest purchase from time one.
Victor Lerenius, Chief Technology Office of Game Lounge, remarked that the transaction is an essential step towards their expansion into core European areas. The state further noted that the domains acquired are strong enough to complement their Nordic brands in a exemplary way.