iGB Affiliate 71 Oct/Nov | Page 11

WEBMASTER NEWS XLMEDIA BOSS HAILS ‘SOLID’ PERFORMANCE XLMedia has announced a fall in The group said it has prepared for PINTEREST TAKES ON INSTAGRAM Facebook-owned image-sharing network revenue and adjusted earnings for the launch into the potentially significant Pinterest has opened a content-marketing API six months ending 30 June 2018. US gambling market and enhanced in a step into a sector dominated by Instagram. its Asia-Pacific presence in the mobile Revenues were at $59.1m apps vertical and increased compared with $67.9m in revenues from new clients in H1 2017, with adjusted the region. EBITDA of $20.9m Pinterest, with more than 250 million monthly users, blocks promotion of lotteries, gambling apps or websites and does not accept ads for online prize-based games. But ads for bricks- compared with $22.8m. Ory Weihs, chief Gross profit of $33.5m executive of XLMedia, gambling” are allowed. “We’re excited to make it said: “The Group easier for brands to collaborate with influencers was down, from $35.2m last year. XLMedia said it has a strong balance sheet, with $51.3m of Ory Weihs, chief executive of XLMedia produced a solid profit performance in the first and track performance on third-party platforms,” said David Temple, Pinterest’s head of content. half, against a backdrop of cash and short-term investments to regulatory pressures and challenging be deployed in further acquisitions for market conditions in the sector. future growth. It added that it is “on However, we are now seeing positive track to meet profit expectations for signals and expect to meet profit the full year”. expectations for the full year. Operating highlights included the and-mortar casinos “that don’t lead to online “Since the beginning of this year RACING POST B2B OFFERS SPORTS API Racing Post B2B’s Sports API is designed to help brands enhance SEO metrics by driving completion of acquisitions totalling we’ve been focusing on implementing traffic to certain websites and keeping them on $45.8m, including Finnish gambling- strategy and executing acquisitions there for longer, said the company. related information websites for $18m to accelerate growth, allocating more and WhichBingo.co.uk for $10.5m. than $45m of capital for acquisitions.” The content will focus on tips for sports outside Racing Post’s traditional focus, including American football, golf and handball. “It’s vital that consumers gain an informed advantage SBG HAILS EFFICIENT MARKETING SPEND SBG, which axed its affiliate All outstanding balances were paid programme last autumn, said that into accounts by the end of October. although marketing costs increased The company said at the time that by 23% in its latest annual results, the decision had been made “to give this was less than revenue growth. us more control of our marketing from a trusted source,” said Eugene Delaney, Racing Post’s B2B director. Racing Post said that the purchase would continue the company’s diversification beyond racing. SAFARI UPGRADE TO HIT AFFILIATES outputs and standards to ensure that Updates to Apple’s Safari browser will restrict revenue ratio decreased from 23% to we can continue to meet the changing ‘fingerprinting’, which allows companies to 22%. Total revenue at SBG amounted regulatory requirements in our sector.”. track users online when cookies are switched As a result, the marketing-to- to £670.5m, a 30% increase on the The decision came after the off. Users will have to opt in to allow tracking. previous year, largely driven by a Gambling Commission signalled a 36.7% increase in sportsbook revenue. tougher stance on operators’ liability October, with Safari accounting for nearly a for their affiliates’ work. quarter of all online browsing. Apple’s senior SBG terminated its affiliate programme last year amid mounting Last year, Lottoland agreed a The update is expected to take place during vice-president of software engineering, Craig regulatory pressure from the UK’s settlement with the Commission to pay Federighi, said that the company’s new Gambling Commission. £150,000 to good causes, in part due desktop operating system, macOS 10.14 to an advert run by one of its affiliates, Mojave, would make it “much harder for operating on 2 October, with the MyVoucherCodes, before the authority trackers to create unique fingerprints”. final payment cycle for affiliates fined BGO £300,000, again partly due processed at the end of September. to three of its affiliates. FOR MORE NEWS VISIT WWW.IGBAFFILIATE.COM SBG’s ‘Affiliate Hub’ portal ceased iGB Affiliate Issue 71 OCT/NOV 2018 9