Tag Archives: Catena Media

Catena initiates strategic review following acquisition interests

Catena Media has acknowledged that there has been interest from third party businesses seeking to acquire some of its assets. The betting affiliate and publishing group has noted particular interest in its financial trading segment, the ‘Ask Gamblers’ flagship casino brand and ‘certain other’ areas of its global operations.  Addressing the third party interest in its business, Catena’s strategic review …

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Industry leadership in the spotlight at Betting on Sports Europe 2022

The Leadership track at the Betting on Sports Europe 2022 conference and exhibition is set to see some of the sector’s most-influential executives sharing their insights on the key issues shaping the future of the industry. The track, which is scheduled for the first full day (Wednesday 8 June) of the event at Twickenham Stadium, London, will open with a …

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Catena targets North America as Europe poses challenges in Q1 earnings

Catena Media has detailed a ‘solid quarter’ across during Q1 2022, as the group’s revenues increased by 11% year-on-year, driven by continued expansion in North America.  Updating investors, the gambling affiliate and media publishing group announced revenue of €45.2 million (2020: €40.7m), whilst EBITDA rose by 2% to €25.6 million (€20m), albeit with a decreased margin of 57% (61%). Revenue …

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Catena looks West as Euro impairments stunt 2021 growth  

Catena Media Plc has underlined its long-term growth strategy and ongoing international expansion projects, as the Stockholm-listed affiliate publisher registers a full-year 2021 operating loss of €12.7 million.  The firm’s FY2021 earnings performance was significantly impacted due to the impairment of previously acquired German and French sports media assets totalling €49 million. Headline metrics saw Catena register corporate revenues of …

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Chris Graham to lead FSB’s global marketing strategy

FSB has moved to strengthen leadership of its global marketing team, appointing Chris Graham to oversee its operations in this area as Head of B2B Marketing. Graham first joined the B2B sports betting and igaming services provider in August, serving as Head of Marketing Operations with responsibility for ‘driving landmark numbers’ across the department over the following year.  His promotion …

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Betsson, bet365 and Betradar celebrate triple successes at SBC Awards 2021

Betsson Group, bet365, Evolution, Betradar and GoldenRace were among the 34 companies to celebrate victories at last night’s SBC Awards 2021 ceremony at Evolution London. Hosted by Kirsty Gallacher and World Cup winner Marcel Desailly, the eighth edition of the SBC awards brought together an audience of betting and gaming industry professionals to recognise the achievements of the top-performing operators, …

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Catena ends share buyback programme with over 2m repurchased

Catena Media has announced the end of its share buyback programme, having repurchased a total of 2.3 million shares during the fourth month period. First announced on 13 July and commencing on 13 September, the share buyback scheme allowed Catena to repurchase no more than 10% of the company’s issued share capital for a maximum of seven million ordinary shares …

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US growth helps Catena ride out costly German impairments 

Catena Media Plc has underlined the strategic importance of its globally diversified media portfolio, as a 3x jump in North American revenues and continued Japanese market growth helped offset significant European headwinds.  Publishing its Q3 2021 interim results for the period ending 30 September, Catena registered operating revenues of €33 million, up 33% on corresponding 2020 results of €25 million. …

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Future opportunities and challenges to be highlighted at Betting on Sports Europe

A plethora of betting industry leaders and representatives are due to appear at next week’s Betting on Sports Europe conference and exhibition on the Future of Sports Betting track. Taking place between 9-11 November at Chelsea FC’s Stamford Bridge stadium in London, the track will see a number of executives share their views and predictions on the future of Europe’s …

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Catena orders 10% buyback of Stockholm shares 

The board of Catena Media Plc has authorised the buyback of in excess of 7 million ordinary company shares, listed on the Stockholm Nasdaq exchange.  The order was granted as an outcome of an extraordinary general meeting (EGM) held on 14 July 2021, in which the board disclosed its plans to enhance the company’s “flexibility in distributing capital to shareholders …

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