What is CAC (Customer Acquisition Cost)?

CAC is the total cost of acquiring a new customer via a specific marketing channel or overall. In iGaming, the definition of “customer” must be clarified: it may mean registrant, FTD, or active depositor.

Common formula (FTD-based):

  • CAC = Total acquisition spend / Number of FTDs acquired

What can be included in CAC:

  • Media spend (paid search/social/programmatic), influencer fees
  • Creative production (sometimes), tracking/tech fees
  • Agency fees and campaign management (depending on accounting)

Why it matters (B2B):

CAC is central for evaluating channel profitability, scaling decisions, and forecasting payback alongside LTV.

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