iGB-Affiliate-Monitor_FEBRUARY 2022 - Page 18

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Affiliate Monitor Company-by-company Q3 results analysis
saw revenues climb to € 8.3m , while the paid division contributed € 2.9m , slightly down on the € 3.2m in the second quarter . The company said the seasonality particularly affected the level of FTDs coming from the paid division .
INVESTMENT IN THE US
GiG doesn ’ t break out its media services revenues by geography but it did speak once again in its report about its efforts in the US , saying it now holds licences in 17 US states and continues to pursue its long-term strategy of investing in its premium websites wsn . com and casinotopsonline . com . The only actual metric it offered , however , was that the traffic originating from the US to these websites had increased by 30 % quarter-on-quarter and 55 % year-on-year .
“ There is huge potential in that market ,” CEO Richard Brown said on a call with analysts .
“ We also see the paid media working well and have seen the fruits of that effort .”
iGB Affiliate Monitor
Chart 9 : GiG media services FTDs ( Q419-Q321 )
50,000
46,800
46,700
45,000
43,712
40,000
35,000
34,327
33,261
30,000
30,315
28,077
25,000
24,486
20,000
15,000
10,000
5,000
0
Q419
Q120
Q220
Q320
Q420
Q121
Q221
Q321
Chart 10 : GiG FTDs paid vs . publishing Q420-Q321
30 27.653
26.800
25 24.066
24.200 22.600
20 19.900
16.059
15
10 9.195
5
0 Q420 Q121 Q221 Q321
Publishing FTDs Paid FTDs
Source : company reports
Source : Company reports