Tag Archives: AskGamblers.com

GiG to ‘broaden and diversify’ as AskGamblers acquisition completed

SBC News GiG to ‘broaden and diversify’ as AskGamblers acquisition completed

Gaming Innovation Group (GiG) has lauded a diversification of its offering and expansion of geographic reach by finalising its acquisition of AskGamblers.com. An agreement was reached by the B2B betting and gaming supplier to purchase the affiliate network from Catena Media for €45m in December 2022, as the latter sought to streamline its focus on North America.  GiG will integrate …

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Catena hires Carnegie to speed up asset sell-off

SBC News Catena hires Carnegie to speed up asset sell-off

Catena Media Plc has this morning notified investors that it has recruited Carnegie Investment Bank to serve as financial advisor to assess strategic options related to the continued sale of media assets and including the entire sale of the business. The decision sees the Stockholm-listed affiliate publisher accelerate the streamlining of its media portfolio, originally sanctioned in May 2022 by …

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2019 realities see Catena Media diversify strategy and verticals

SBC News 2019 realities see Catena Media diversify strategy and verticals

Publishing its interim H1 2019 results (period ending 30 June), Catena Media Plc said it is ‘working hard to adapt to new market conditions’ facing all industry incumbents. The Stockholm-listed affiliate marketing network reported tough Q2 2019 trading, facing seasonal adjustments, regulatory headwinds and ‘high casino pay-offs’. The tough set of factors see Catena post a flat H1 2019 revenue …

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Strong Q3 trading sees Catena confident of future prospects

SBC News Strong Q3 trading sees Catena confident of future prospects

Stockholm-listed industry affiliate marketing network Catena Media, continues its strong 2018 trading momentum, detailing double-digit growth across its core metrics and KPIs, as leadership eyes significant future opportunities. Sustaining peak activity across its network following World Cup Russia 2018, Catena details Q3 2018 period revenues of €28 million (Q3 2017), supporting year-to-date corporate revenues €77 million (2017: €46 million). Undertaking …

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