iGB Intelligence reports Affiliate-Monitor-2Q19-proof4 | Page 21

Part 4: M&A round-up figure isn’t necessarily a standout. According to bring even further concentration with “fewer the Gambling.com Group bond prospectus, the larger clients with larger purchasing power”. company made 59% of total revenues from its top 10 clients. Neither percentage is thought to have Nevertheless, in the case of Better Collective and Bet365, Amnestan sees the greater reliance as a plus. Bearing in mind Bet365’s recent launch significantly changed since being made public in the US, his comment that he views the close and indeed Jonas Amnesten, analyst from partnership with Bet365 as “primarily a strength Redeye, says that further consolidation will likely in the ongoing expansions” is significant. iGaming Business • Affiliate Monitor • October 2019  18