The synergies between the two entities are expected to result in a minimum revenue of MEUR 23 in 2024 for the acquired KaFe Rocks assets, with an EBITDA margin exceeding 45%, translating to a 2024 EV/EBITDA multiple of approximately 3.6x for the acquisition. This strategic move positions GiG's media division, GiG Media, as the dominant force in online casino affiliation and reinforces the business' foothold in the lucrative North American market.īuilding on the success of the AskGamblers acquisition, GiG Media is poised to drive substantial growth for KaFe Rocks assets post-acquisition, leveraging its proprietary media and marketing technology.
announcement from GiG on 7 November 2023. (GiG) is pleased to announce the successful completion of its acquisition of KaFe Rocks Ltd., a prominent affiliate leader in the iGaming industry, ref. 21, 2023 /PRNewswire/ - Gaming Innovation Group Inc.
