Tag Archives: Catena Media

Catena reviews M&A options to continue global momentum

Catena reviews M&A options to continue global momentum

Catena Media has outlined its plans to pursue new M&A opportunities and international expansion as it seeks to grow the global footprint of its affiliate marketing network. Publishing its Q3 trading statement (period ending 30 September), Stockholm-listed Catena noted that its operating revenue amounted to €24.9 million, down 6% from €26.4 million in the same period last year. New Depositing …

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Campeón Gaming Partners: The story behind the success

Campeón

It hasn’t been plain sailing for iGaming affiliates of late, yet Campeón Gaming Partners (CGP) has bucked the trend by recording growth in customer registration of 258.6% from the first half of 2018 to now, and passing €5 million in commission paid to affiliates across the same period. In conversation with SBC News, the company’s affiliates and partnerships manager Andreza …

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Catena lauds ‘record’ Q2 as casino drives performance

Catena Media has praised its resilience and adaptability in navigating the challenges faced by COVID-19 as the group posted a ‘record’ Q2. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Publishing its interim results for April – June 2020, Catena declared operating revenues of €27.8 million, a 17% increase on Q2 …

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Catena forecasts ‘record results’ ahead of August interims

Catena Media stated that it will deliver ‘record revenue and profits’ for Q2 2020 trading, as a result of significant online casino growth recorded across its global publishing network. Navigating the ‘continued, changing market conditions’ of the global pandemic, Catena has anticipated that revenues will amount to approximately €27.7 million, a 17% increase on Q2 2019’s €23.7 million. Q2 trading …

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Raketech names Karlsten as new COO

Affiliate marketing network Raketech has continued to strengthen its senior leadership team naming Oscar Karlsten as its new Chief Operating Officer. Karlsten joined the company on 1 May 2020, and will take responsibility for Raketech’s central operations, product development and investments, as well as focusing on the group’s creative content, SEO and UX. Commenting on his new role, Karlsten said: …

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Catena Media praises cost-efficiency programme in strong Q1 report 

Catena Media said it has been able to navigate first-stage COVID-19 business complexities, as the company recorded a strong opening to year trading.  Reporting top-line growth across all core metrics, Stockholm-listed Catena recorded a 2% increase in corporate revenues to €26.7 million (Q12019: €26.1m).  Revenue performance was maintained by its casino segment, which contributed 61% of revenues during first quarter …

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Catena Media boosts casino offering to offset sports shortfall

Stockholm-listed industry publisher Catena Media has revealed that it is sourcing ‘alternative revenue streams’ for its sports division, as the COVID-19 pandemic continues to disrupt global sports fixtures. Publishing a trading update for January – February 2020, Catena Media revealed that sports accounted for 35% off its revenues generated during the period, which saw a 5.7% overall increase from €17.1m …

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AskGamblers’ casino dispute service returns $8.8m to players

Online gambling community AskGamblers has revealed that during 2019, its ‘Casino Complaint Service’ recovered players more than $8.80 million in unpaid, delayed or unfairly confiscated money. AskGamblers reveals the figure closing its 2019 accounts, detailing another ‘record-breaking year’ for its online casino customer dispute and arbitration system. The legacy online gambling portal details that its compliant systems team reviewed 9,800 …

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Catena ends CFO hunt appointing Peter Messner as financial lead

Stockholm-listed industry affiliate marketing network Catena Media Plc has confirmed the appointment of Peter Messner as new Group Chief Financial Officer (CFO). Messner will begin his CFO tenure on 1 April 2020, taking over the duties and responsibilities currently held by Erik Edeen as Catena Media’s interim financial lead. A seasoned CFO for digital enterprises, Messner joins Catena’s executive team …

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Catena Media reports revenue losses during ‘challenging’ 2019

Industry affiliate marketing publisher Catena Media has cited a struggling performance across its core business units after recording a 2.1% drop in revenues during full-year 2019 trading. Publishing its end of year report for the period January – December 2019, Catena revealed that revenues were down from €105m in 2018 to €102.8m in 2019. Catena also recorded a 1.8% year-on-year …

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