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DraftKings Completes Acquisition of Golden Nugget Online Gaming

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DraftKings Inc. announced the completion of its acquisition of Golden Nugget Online Gaming, Inc. (“Golden Nugget Online Gaming” or “GNOG”) (the “GNOG Acquisition”).

The GNOG Acquisition will, among other things, allow DraftKings to leverage Golden Nugget’s established brand to broaden its reach into new customer segments and enhance the combined company’s iGaming product offerings through DraftKings’ vertically-integrated tech stack and Golden Nugget Online Gaming’s unique capabilities – including Live Dealer. The GNOG Acquisition does not include brick and mortar Golden Nugget casinos, which will continue to be owned by Fertitta Entertainment.

“Acquiring Golden Nugget Online Gaming gives us synergies across our business,” said Jason Robins, Chairman and CEO of DraftKings. “We anticipate that this acquisition will provide meaningful revenue uplift by utilizing our data-driven marketing capabilities and a dual brand iGaming strategy, gross margin improvement opportunities, and cost savings across external marketing and SG&A. I am proud to welcome the Golden Nugget Online Gaming team to the DraftKings family.”

“This will be an alliance unlike any other in the digital sports, entertainment and online gaming industry,” said Tilman Fertitta, Chairman and CEO of Golden Nugget Online Gaming. “Now that the acquisition is completed, I look forward to what the future will bring for our combined company and am confident this relationship will be a huge success.”

DraftKings will integrate Golden Nugget Online Gaming employees across its business, including Thomas Winter, who will transition to General Manager of North America iGaming, from his previous role as President of Golden Nugget Online Gaming.

Synergies and Strategic Benefits of the Acquisition

The GNOG Acquisition will deliver significant benefits to DraftKings as well as expected synergies of $300 million at maturity. DraftKings will deploy a multi-brand approach that will enhance cross-selling opportunities and drive increased revenue growth. In addition, there will be multiple channels for cost savings by, among other things, recognizing enhanced returns on advertising spending through marketing efficiencies, eliminating platform costs from migrating Golden Nugget Online Gaming’s current technology to DraftKings’ in-house proprietary platform, and reducing G&A costs, such as vendor services and duplicative overhead. Additionally, DraftKings and Fertitta Entertainment expect to rebrand certain current and future retail sportsbook locations at Fertitta Entertainment-owned Golden Nugget properties into DraftKings sportsbooks.

Combined company revenues

DraftKings expects revenue to increase from additional cross-promotion opportunities, which would be expected to complementarily grow DraftKings’ customer base by engaging existing Golden Nugget Online Gaming’s iGaming-first customers. Additional anticipated revenue synergies include potential technology and game expansion, such as Live Dealer offerings.

Marketing efficiencies

The GNOG Acquisition will allow DraftKings to drive efficiencies by streamlining marketing and capitalizing on additional cross-promotion opportunities. By deploying a multi-brand strategy and accessing Golden Nugget Online Gaming’s built-in iGaming-first customer, DraftKings expects to recognize increased returns on advertising spending and greater LTV to CAC ratios.

Technology optimization

DraftKings plans to bring Golden Nugget Online Gaming onto its in-house technology, which is expected to deliver cost savings by reducing Golden Nugget Online Gaming’s third-party platform costs, operating expenses, and vendor costs. Additionally, once integrated, customers of both brands will utilize DraftKings’ technology and have access to expanded product offerings and features, including in-house live dealer and proprietary games, as well as an overall improvement in the customer experience.

Advisors

Raine Group served as exclusive financial advisor to DraftKings, and Sullivan & Cromwell LLP served as legal counsel to DraftKings. Jefferies served as lead financial advisor to Golden Nugget Online Gaming, and White & Case LLP served as legal counsel to Golden Nugget Online Gaming. Spectrum Gaming Capital acted as financial advisor and White & Case LLP acted as legal counsel to the Special Committee of Golden Nugget Online Gaming’s board of directors. Latham and Watkins LLP served as legal counsel to Fertitta Entertainment.

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N1 Partners x RAZE Case: ROI+ in Canada within 3 Days

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n1-partners-x-raze-case:-roi+-in-canada-within-3-days

Gambling traffic in Tier-1 markets rarely forgives mistakes. Especially when it comes to Facebook, where CPM costs are high, auction volatility is significant, and testing is expensive.

This was exactly the challenge the RAZE team faced when entering the Canadian market together with N1 Partners in spring 2026. The goal of the campaign was not just volume — the team needed to find a setup capable of maintaining FTD quality, preserving ROI, and scaling in one of the most expensive iGaming GEOs on the market.

In this case study, N1 Partners and RAZE will explain:

  • why only 2 out of 10 tested slots remained profitable;
  • how the acquisition strategy for Tier-1 Facebook was built;
  • how the N1 Partners funnel influenced conversion rates;
  • and what helped maintain ROI during scaling.

Initial Data

GEO: Canada

Vertical: Gambling (iGaming)

Traffic type: Facebook (PWA) 

Campaign period: April, 20 – May, 8 

Goal: FTD + ROI

Volume (FTD): ~300 deposits

N1 Partners brands: N1 Bet, RollXO, Slot Lounge, Slot Mafia, Lucky Hunter, Retro Bet и Goldex Casino

N1 Partners comment: At the start, we decided not to limit ourselves to a single brand and tested seven brands simultaneously to identify combinations with the highest conversion rates and profitability for the RAZE team’s approach. This allowed us to collect a larger data sample and thoroughly analyse traffic behaviour across our brands.

The main challenge remained traffic quality. In Tier-1 GEOs, generating deposits alone is not enough — it is crucial to understand how traffic performs over time and how players behave after making their first deposit.

Additionally, RAZE had limited historical data on running N1 offers in Canada, which created uncertainty regarding which approach, slot, and “creative + funnel” combination would deliver the best projected ROI.

Why Canada?

Canada was chosen as one of the most stable Tier-1 GEOs for the gambling vertical due to its highly solvent audience, large Facebook traffic volume, and consistent demand within the niche.

Another factor was the state of the Facebook auction. During the campaign period, competition in Canada was lower than in several other English-speaking GEOs, allowing for more comfortable CPMs and faster scaling of successful setups.

However, along with volume came the primary Tier-1 challenge — the high cost of mistakes. As a result, the team deliberately avoided a single-offer strategy and opted for broad testing instead.

RAZE Strategy

Facebook PWA is the core traffic source and key media-buying specialization for the RAZE team.

To begin, the team requested a list of top-performing slots for Canada from N1 Partners and analyzed them using spy tools: which approaches were already active in the auction, what mechanics competitors were using, and which creatives were generating the highest CTR.

N1 Partners comment: Along with a list of top-performing slots, the RAZE team received recommendations regarding Canadian audience specifics, target metrics, and minimum data thresholds required to evaluate traffic quality from N1 Partners. This enabled RAZE to build tests based on advertiser-focused metrics rather than operating blindly.

A custom funnel featuring N1 Partners bonuses was also created.

At the same time, three optimisation models were launched:

  • Auto Bid
  • Min CPA Cap (when triggered, budgets were aggressively scaled up to ~$10,000+ for optimal delivery)
  • Max Bid

The primary goal was to quickly determine which model provided the best buying control and allowed Facebook’s algorithm to learn most effectively under expensive Tier-1 traffic conditions.

N1 Partners’ involvement extended beyond simply providing offers and slots.

N1 Partners comment: In addition to recommendations regarding top slots and audience specifics, it was important for us to evaluate how partner traffic interacted with different brands. Therefore, from the very beginning, we established profitability benchmarks and KPIs that became our key reference points after the first tests.

One of the main characteristics of Tier-1 Facebook traffic was its inconsistency even within high-quality traffic segments. Because of this, campaigns could not be evaluated too early — the algorithm needed sufficient time to accumulate data.

This later became one of the key factors behind the campaign’s success.

RAZE Strategy Analysis

At launch, the RAZE team tested 10 slots from N1 Partners. The slots were analyzed through spy tools to determine which creatives were running and which approaches were currently trending.

After evaluating the feasibility of each approach, the team selected 2 slots and developed custom creatives based on identified patterns.

However, initial tests revealed that most hypotheses were not economically viable.

Only two slots from the N1 Bet brand remained profitable:

  • Gates of Olympus 1000
  • Coin Volcano

 

Examples of Coin Volcano creatives that were used

Approaches That Worked and Why

The Coin Volcano funnel delivered the best results in terms of the traffic-to-FTD conversion path.

N1 Partners comment: From the N1 product side, this performance was further supported by the funnel structure itself: users were sequentially presented with a welcome bonus, available payment methods, and the most popular games for their region.

On the N1 Partners side, the team evaluated not only the final number of deposits but also the efficiency of the entire funnel. Average campaign performance reached 39.83% for Click-to-Registration (Click2Reg) and 37.99% for Registration-to-Deposit (Reg2Dep). This made it possible to identify specific buyer–creative–product combinations with strong potential for further scaling.

As a result, users understood the offer faster and the overall setup became more cohesive. This is especially important in Tier-1 GEOs, where the cost of mistakes at every stage is significantly higher.

      

PWA and landing page design featuring the advertiser’s bonus offer

N1 Partners comment: One of the key success factors was a properly structured funnel. The landing page focused exclusively on essential information and guided users through a clear post-registration flow: a welcome bonus as the primary hook, payment methods, top regional games, and continued interaction with the product.

Additionally, the N1 Partners team continuously monitored page loading speed and technical landing page performance to minimise traffic losses before registration.

Creatives and Approaches

During testing, the team experimented with several approaches:

  • video creatives
  • reaction-style scenarios
  • offline casino aesthetics
  • classic static ads

However, nearly all complex approaches underperformed compared to simple static creatives.

The best-performing setups were the most straightforward combinations: slot + bonus + winnings + clear CTA.

Static creatives offered lower installation costs, enabling faster offer changes, slot rotation, and testing of new angles without rebuilding production assets from scratch. As a result, most of the budget was ultimately shifted toward static creatives.

Scaling and Optimization

Initially, the team tested three acquisition models simultaneously: Auto Bid, Min CPA Cap, and Max Bid. The primary focus was not only deposit cost but also FTD quality, which meant decisions were made only after collecting sufficient data.

Working Approaches

    • Min CPA Cap + aggressive scaling.
      Once a stable CPA was achieved, budgets were increased aggressively, reaching approximately $10K in some cases. This allowed the team to capture volume while maintaining ROI.
  • GEO segmentation.
    English-speaking provinces with lower CPMs delivered the strongest performance.
  • Time-based optimisation.
    Most conversions occurred during evenings and weekends, so budgets were allocated more aggressively during those periods.
  • Delayed campaign evaluation.
    Traffic quality improved after 30-40 deposits, so campaigns were not shut down prematurely. N1 Partners analytics played a major role here.
    The product team analysed performance by individual buyers and setups, allowing them to assess traffic quality more deeply than standard CPA or initial deposit metrics and provide timely recommendations regarding scaling or stopping campaigns.
N1 Partners comment: Across numerous tests, we observed that campaigns generating 40+ FDs were significantly more likely to deliver stable profitability. Prematurely stopping campaigns with limited volume often resulted in shutting down potentially strong setups before the algorithm had fully learned.

At the same time, aggressive scaling only worked for proven setups. Increasing budgets too early caused CPM and CPA to rise faster than the volume of quality deposits.

N1 Partners comment: Before launch, we established the following profitability benchmarks:

  • Week 1 → >30% DepSum/Payout
  • Week 2 → >45%
  • Week 3 → >50–55%
  • Week 4 → >65–70%

Average deposit count: from 2.2.

Players with only one deposit: no more than 70%.

This enabled us, as the advertiser, to receive traffic of the required quality while allowing the partner to maintain profitability during scaling.

Where Profit Was Lost

  • Only 2 out of 10 tested slots remained profitable, meaning part of the budget was spent on ineffective tests.
  • Video and reaction-based approaches lost to simple static creatives featuring slots and bonuses.
  • Premature scaling of weak ad sets increased CPM and CPA without improving FTD quality.
  • Some campaigns were stopped before Facebook had enough time to complete its learning phase.

Campaign Results

Over 18 days, the team achieved:

  • FTD Volume: ~300 deposits
  • Traffic: 2,659 installs
  • CTR: 0.9–1%
  • CPC: $2.5–4
  • CPA: $140–156
  • Best Optimization Model: Min CPA Cap + aggressive budget scaling

Positive ROI was achieved as early as the third day of traffic acquisition.

After the first 30 deposits, the team stabilized at approximately 30 daily FTDs and, on some days, reached up to 50 deposits despite account bans and market turbulence.


Ad Account #1


Ad Account #2

Day 1 of Ad Campaign

Day 3 of Ad Campaign

One of the key success factors from the N1 Partners side was the continuous feedback exchange between the media-buying and product teams.

N1 Partners comment: Simply acquiring players is not enough. For long-term cooperation, traffic profitability must work for both the advertiser and the buying team. Regular feedback and in-depth traffic analysis by buyer and setup enabled us to quickly determine which campaigns truly deserved scaling.

Case Takeaways

The RAZE × N1 Partners case once again proved that in Tier-1 markets, finding a strong creative or a winning slot alone is no longer enough.

Success comes only when several factors work together:

  • strong Facebook media buying;
  • deep traffic quality analytics;
  • an effective product funnel;
  • continuous data exchange between partner and advertiser;
  • scaling only validated setups.
N1 Partners comment: Even before launch, both teams established unified traffic quality criteria and scaling benchmarks. This approach accelerated decision-making, eliminated subjective evaluations, and helped focus on setups that were profitable for both parties.

FAQ: RAZE x N1 Partners Case Study

1. What was the main insight of the campaign?

The main insight was that in Tier-1 GEOs, you cannot rely solely on creatives or bidding. Canadian traffic is expensive, and if your funnel fails to meet user expectations, you start losing money.

We succeeded through a comprehensive approach: we took top-performing slots from the advertiser, validated them using spy tools, filtered out weak hypotheses through testing, built a custom funnel around a specific slot, and only then began scaling.

Ultimately, we realised that the right funnel can be just as important as the creative itself. It directly impacts FTD quality and overall profitability. “— Artem Mayskiy, Team Lead at Media Buying, RAZE.

2. What surprised you during launch?

What surprised us was how traffic quality improved with scale. Initial deposits do not always provide an objective picture: campaigns may appear unstable, CPA fluctuates, and at that point the temptation to stop everything is very strong.

However, traffic quality turned out to be better than expected. After 30-40 deposits, it became clear that the algorithm was finding the right audience much more effectively. That was a very important signal for us.” — Artem Mayskiy, Team Lead at Media Buying, RAZE.

3. What is scalable from this campaign and what is not?

From the advertiser’s perspective, it is crucial to monitor profitability benchmarks and quickly disable underperforming traffic. Before launch, we agreed with our partner on minimum acceptable traffic thresholds and adhered to them.

The percentage of players making only a single deposit (without repeats) could not exceed 70%. By strictly following these metrics during testing, we received traffic of the quality we required as an advertiser, while the partner maintained profitability.” — Alexey Gusarov, Team Lead of Affiliates, N1 Partners.

4. One piece of advice for affiliates and the market.

Don’t stop campaigns too early. Keep driving installs and determine your acceptable deposit and install costs. This allows you to evaluate any funnel objectively and make informed decisions rather than guessing. It’s also important not to spread yourself too thin.

We tested 10 slots, but only 2 remained in active use. Growth started when we stopped distributing budget across numerous hypotheses and focused on setups that had already demonstrated proven audience interest.

It’s better to fully optimise one working funnel than to superficially test ten.” — Artem Mayskiy, Team Lead at Media Buying, RAZE.

It’s important not only to monitor your own metrics as an advertiser but also to understand your partner’s needs.

Everyone talks about win-win relationships between advertisers and media-buying teams, but in practice, this only works when both sides genuinely understand each other’s objectives and make decisions based on overall traffic economics rather than isolated metrics.

This approach is exactly what allowed the team to become profitable by the third day and maintain stable volume in one of the market’s most expensive GEOs.”Alexey Gusarov, Team Lead of Affiliates, N1 Partners.

Subscribe to the RAZE team on Telegram, where they share fresh case studies, campaign results, proven setups, and scaling insights based on real-world experience rather than theory.

Work with N1 Partners and scale gambling traffic alongside a team that helps build long-term profitable setups:

  • 14+ casino and sportsbook brands with strong Reg2Dep performance
  • 10+ Tier-1 GEOs
  • CPA up to €700 and RevShare up to 55% + NNCO for top partners

Be Number One with N1!

The post N1 Partners x RAZE Case: ROI+ in Canada within 3 Days appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Canada

N1 Partners x RAZE Case: ROI+ in Canada within 3 Days

Published

on

n1-partners-x-raze-case:-roi+-in-canada-within-3-days

Gambling traffic in Tier-1 markets rarely forgives mistakes. Especially when it comes to Facebook, where CPM costs are high, auction volatility is significant, and testing is expensive.

This was exactly the challenge the RAZE team faced when entering the Canadian market together with N1 Partners in spring 2026. The goal of the campaign was not just volume — the team needed to find a setup capable of maintaining FTD quality, preserving ROI, and scaling in one of the most expensive iGaming GEOs on the market.

In this case study, N1 Partners and RAZE will explain:

  • why only 2 out of 10 tested slots remained profitable;
  • how the acquisition strategy for Tier-1 Facebook was built;
  • how the N1 Partners funnel influenced conversion rates;
  • and what helped maintain ROI during scaling.

Initial Data

GEO: Canada

Vertical: Gambling (iGaming)

Traffic type: Facebook (PWA) 

Campaign period: April, 20 – May, 8 

Goal: FTD + ROI

Volume (FTD): ~300 deposits

N1 Partners brands: N1 Bet, RollXO, Slot Lounge, Slot Mafia, Lucky Hunter, Retro Bet и Goldex Casino

N1 Partners comment: At the start, we decided not to limit ourselves to a single brand and tested seven brands simultaneously to identify combinations with the highest conversion rates and profitability for the RAZE team’s approach. This allowed us to collect a larger data sample and thoroughly analyse traffic behaviour across our brands.

The main challenge remained traffic quality. In Tier-1 GEOs, generating deposits alone is not enough — it is crucial to understand how traffic performs over time and how players behave after making their first deposit.

Additionally, RAZE had limited historical data on running N1 offers in Canada, which created uncertainty regarding which approach, slot, and “creative + funnel” combination would deliver the best projected ROI.

Why Canada?

Canada was chosen as one of the most stable Tier-1 GEOs for the gambling vertical due to its highly solvent audience, large Facebook traffic volume, and consistent demand within the niche.

Another factor was the state of the Facebook auction. During the campaign period, competition in Canada was lower than in several other English-speaking GEOs, allowing for more comfortable CPMs and faster scaling of successful setups.

However, along with volume came the primary Tier-1 challenge — the high cost of mistakes. As a result, the team deliberately avoided a single-offer strategy and opted for broad testing instead.

RAZE Strategy

Facebook PWA is the core traffic source and key media-buying specialization for the RAZE team.

To begin, the team requested a list of top-performing slots for Canada from N1 Partners and analyzed them using spy tools: which approaches were already active in the auction, what mechanics competitors were using, and which creatives were generating the highest CTR.

N1 Partners comment: Along with a list of top-performing slots, the RAZE team received recommendations regarding Canadian audience specifics, target metrics, and minimum data thresholds required to evaluate traffic quality from N1 Partners. This enabled RAZE to build tests based on advertiser-focused metrics rather than operating blindly.

A custom funnel featuring N1 Partners bonuses was also created.

At the same time, three optimisation models were launched:

  • Auto Bid
  • Min CPA Cap (when triggered, budgets were aggressively scaled up to ~$10,000+ for optimal delivery)
  • Max Bid

The primary goal was to quickly determine which model provided the best buying control and allowed Facebook’s algorithm to learn most effectively under expensive Tier-1 traffic conditions.

N1 Partners’ involvement extended beyond simply providing offers and slots.

N1 Partners comment: In addition to recommendations regarding top slots and audience specifics, it was important for us to evaluate how partner traffic interacted with different brands. Therefore, from the very beginning, we established profitability benchmarks and KPIs that became our key reference points after the first tests.

One of the main characteristics of Tier-1 Facebook traffic was its inconsistency even within high-quality traffic segments. Because of this, campaigns could not be evaluated too early — the algorithm needed sufficient time to accumulate data.

This later became one of the key factors behind the campaign’s success.

RAZE Strategy Analysis

At launch, the RAZE team tested 10 slots from N1 Partners. The slots were analyzed through spy tools to determine which creatives were running and which approaches were currently trending.

After evaluating the feasibility of each approach, the team selected 2 slots and developed custom creatives based on identified patterns.

However, initial tests revealed that most hypotheses were not economically viable.

Only two slots from the N1 Bet brand remained profitable:

  • Gates of Olympus 1000
  • Coin Volcano

 

Examples of Coin Volcano creatives that were used

Approaches That Worked and Why

The Coin Volcano funnel delivered the best results in terms of the traffic-to-FTD conversion path.

N1 Partners comment: From the N1 product side, this performance was further supported by the funnel structure itself: users were sequentially presented with a welcome bonus, available payment methods, and the most popular games for their region.

On the N1 Partners side, the team evaluated not only the final number of deposits but also the efficiency of the entire funnel. Average campaign performance reached 39.83% for Click-to-Registration (Click2Reg) and 37.99% for Registration-to-Deposit (Reg2Dep). This made it possible to identify specific buyer–creative–product combinations with strong potential for further scaling.

As a result, users understood the offer faster and the overall setup became more cohesive. This is especially important in Tier-1 GEOs, where the cost of mistakes at every stage is significantly higher.

      

PWA and landing page design featuring the advertiser’s bonus offer

N1 Partners comment: One of the key success factors was a properly structured funnel. The landing page focused exclusively on essential information and guided users through a clear post-registration flow: a welcome bonus as the primary hook, payment methods, top regional games, and continued interaction with the product.

Additionally, the N1 Partners team continuously monitored page loading speed and technical landing page performance to minimise traffic losses before registration.

Creatives and Approaches

During testing, the team experimented with several approaches:

  • video creatives
  • reaction-style scenarios
  • offline casino aesthetics
  • classic static ads

However, nearly all complex approaches underperformed compared to simple static creatives.

The best-performing setups were the most straightforward combinations: slot + bonus + winnings + clear CTA.

Static creatives offered lower installation costs, enabling faster offer changes, slot rotation, and testing of new angles without rebuilding production assets from scratch. As a result, most of the budget was ultimately shifted toward static creatives.

Scaling and Optimization

Initially, the team tested three acquisition models simultaneously: Auto Bid, Min CPA Cap, and Max Bid. The primary focus was not only deposit cost but also FTD quality, which meant decisions were made only after collecting sufficient data.

Working Approaches

    • Min CPA Cap + aggressive scaling.
      Once a stable CPA was achieved, budgets were increased aggressively, reaching approximately $10K in some cases. This allowed the team to capture volume while maintaining ROI.
  • GEO segmentation.
    English-speaking provinces with lower CPMs delivered the strongest performance.
  • Time-based optimisation.
    Most conversions occurred during evenings and weekends, so budgets were allocated more aggressively during those periods.
  • Delayed campaign evaluation.
    Traffic quality improved after 30-40 deposits, so campaigns were not shut down prematurely. N1 Partners analytics played a major role here.
    The product team analysed performance by individual buyers and setups, allowing them to assess traffic quality more deeply than standard CPA or initial deposit metrics and provide timely recommendations regarding scaling or stopping campaigns.
N1 Partners comment: Across numerous tests, we observed that campaigns generating 40+ FDs were significantly more likely to deliver stable profitability. Prematurely stopping campaigns with limited volume often resulted in shutting down potentially strong setups before the algorithm had fully learned.

At the same time, aggressive scaling only worked for proven setups. Increasing budgets too early caused CPM and CPA to rise faster than the volume of quality deposits.

N1 Partners comment: Before launch, we established the following profitability benchmarks:

  • Week 1 → >30% DepSum/Payout
  • Week 2 → >45%
  • Week 3 → >50–55%
  • Week 4 → >65–70%

Average deposit count: from 2.2.

Players with only one deposit: no more than 70%.

This enabled us, as the advertiser, to receive traffic of the required quality while allowing the partner to maintain profitability during scaling.

Where Profit Was Lost

  • Only 2 out of 10 tested slots remained profitable, meaning part of the budget was spent on ineffective tests.
  • Video and reaction-based approaches lost to simple static creatives featuring slots and bonuses.
  • Premature scaling of weak ad sets increased CPM and CPA without improving FTD quality.
  • Some campaigns were stopped before Facebook had enough time to complete its learning phase.

Campaign Results

Over 18 days, the team achieved:

  • FTD Volume: ~300 deposits
  • Traffic: 2,659 installs
  • CTR: 0.9–1%
  • CPC: $2.5–4
  • CPA: $140–156
  • Best Optimization Model: Min CPA Cap + aggressive budget scaling

Positive ROI was achieved as early as the third day of traffic acquisition.

After the first 30 deposits, the team stabilized at approximately 30 daily FTDs and, on some days, reached up to 50 deposits despite account bans and market turbulence.


Ad Account #1


Ad Account #2

Day 1 of Ad Campaign

Day 3 of Ad Campaign

One of the key success factors from the N1 Partners side was the continuous feedback exchange between the media-buying and product teams.

N1 Partners comment: Simply acquiring players is not enough. For long-term cooperation, traffic profitability must work for both the advertiser and the buying team. Regular feedback and in-depth traffic analysis by buyer and setup enabled us to quickly determine which campaigns truly deserved scaling.

Case Takeaways

The RAZE × N1 Partners case once again proved that in Tier-1 markets, finding a strong creative or a winning slot alone is no longer enough.

Success comes only when several factors work together:

  • strong Facebook media buying;
  • deep traffic quality analytics;
  • an effective product funnel;
  • continuous data exchange between partner and advertiser;
  • scaling only validated setups.
N1 Partners comment: Even before launch, both teams established unified traffic quality criteria and scaling benchmarks. This approach accelerated decision-making, eliminated subjective evaluations, and helped focus on setups that were profitable for both parties.

FAQ: RAZE x N1 Partners Case Study

1. What was the main insight of the campaign?

The main insight was that in Tier-1 GEOs, you cannot rely solely on creatives or bidding. Canadian traffic is expensive, and if your funnel fails to meet user expectations, you start losing money.

We succeeded through a comprehensive approach: we took top-performing slots from the advertiser, validated them using spy tools, filtered out weak hypotheses through testing, built a custom funnel around a specific slot, and only then began scaling.

Ultimately, we realised that the right funnel can be just as important as the creative itself. It directly impacts FTD quality and overall profitability. “— Artem Mayskiy, Team Lead at Media Buying, RAZE.

2. What surprised you during launch?

What surprised us was how traffic quality improved with scale. Initial deposits do not always provide an objective picture: campaigns may appear unstable, CPA fluctuates, and at that point the temptation to stop everything is very strong.

However, traffic quality turned out to be better than expected. After 30-40 deposits, it became clear that the algorithm was finding the right audience much more effectively. That was a very important signal for us.” — Artem Mayskiy, Team Lead at Media Buying, RAZE.

3. What is scalable from this campaign and what is not?

From the advertiser’s perspective, it is crucial to monitor profitability benchmarks and quickly disable underperforming traffic. Before launch, we agreed with our partner on minimum acceptable traffic thresholds and adhered to them.

The percentage of players making only a single deposit (without repeats) could not exceed 70%. By strictly following these metrics during testing, we received traffic of the quality we required as an advertiser, while the partner maintained profitability.” — Alexey Gusarov, Team Lead of Affiliates, N1 Partners.

4. One piece of advice for affiliates and the market.

Don’t stop campaigns too early. Keep driving installs and determine your acceptable deposit and install costs. This allows you to evaluate any funnel objectively and make informed decisions rather than guessing. It’s also important not to spread yourself too thin.

We tested 10 slots, but only 2 remained in active use. Growth started when we stopped distributing budget across numerous hypotheses and focused on setups that had already demonstrated proven audience interest.

It’s better to fully optimise one working funnel than to superficially test ten.” — Artem Mayskiy, Team Lead at Media Buying, RAZE.

It’s important not only to monitor your own metrics as an advertiser but also to understand your partner’s needs.

Everyone talks about win-win relationships between advertisers and media-buying teams, but in practice, this only works when both sides genuinely understand each other’s objectives and make decisions based on overall traffic economics rather than isolated metrics.

This approach is exactly what allowed the team to become profitable by the third day and maintain stable volume in one of the market’s most expensive GEOs.”Alexey Gusarov, Team Lead of Affiliates, N1 Partners.

Subscribe to the RAZE team on Telegram, where they share fresh case studies, campaign results, proven setups, and scaling insights based on real-world experience rather than theory.

Work with N1 Partners and scale gambling traffic alongside a team that helps build long-term profitable setups:

  • 14+ casino and sportsbook brands with strong Reg2Dep performance
  • 10+ Tier-1 GEOs
  • CPA up to €700 and RevShare up to 55% + NNCO for top partners

Be Number One with N1!

The post N1 Partners x RAZE Case: ROI+ in Canada within 3 Days appeared first on Americas iGaming & Sports Betting News.

Continue Reading

Canada

St8 cements Ontario content offering through latest partnership with RubyPlay

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st8-cements-ontario-content-offering-through-latest-partnership-with-rubyplay

Casino games aggregator and full-service technology provider St8 has partnered with RubyPlay to further expand its Ontario offering, adding the studio’s popular slot portfolio to its growing aggregation platform across the Canadian province.

As part of the agreement, operators in Ontario will gain access to a range of titles from across RubyPlay’s studio ecosystem, including content from RubyPlay Studio, Koala Games, Mad Hat Games and Firerose, through St8, with upcoming releases from Xslots also expected to go live through the platform. Standout games include J Mania® Lucky Pyggs, Mad Hit® Mr. Coin and Diamond Explosion® 7s SE. The integration strengthens St8’s content portfolio with a range of proven, high-performing slot titles tailored to the region.

RubyPlay has continued to grow its footprint across regulated jurisdictions through its studio-based ecosystem and tailored content strategy, earning key tier one recognition for developing high-performing games that resonate with players in key markets worldwide. The supplier’s games offering has proven appeal in Ontario, resonating well with local players in the region.

The partnership strengthens St8’s proposition in Ontario, a market that has quickly become a key part of the company’s growth strategy as it continues to establish itself as a leading technology provider around the globe.

David Fall, Business Development Manager at St8, said: “Partnering with RubyPlay in Ontario is an exciting addition to our growing content offering in North America.

“The supplier has built strong momentum across regulated markets through its engaging portfolio and player-focused approach, and we are delighted to bring its high-performing content from across its studio ecosystem to operators in Ontario through the St8 platform.”

Dima Reiderman, Chief Commercial Officer at RubyPlay, said: “Ontario is a market we have been focused on for some time, so teaming up with St8 feels like a natural step in our North American expansion.

“St8’s aggregation platform provides an excellent route for our diverse portfolio of content to reach more operators in Ontario. Through our studio ecosystem, we are able to deliver a broad range of experiences tailored to different audiences and market needs, making this partnership a strong fit for both companies”

The post St8 cements Ontario content offering through latest partnership with RubyPlay appeared first on Americas iGaming & Sports Betting News.

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