North America has again proven to be fertile ground for Catena Media in 2022, driving substantial revenue growth for the company that continues a strategic review of its business and media assets. Having closed the year with the €45m sale of its AskGamblers division, along with a range of accompanying websites, to Gaming Innovation Group (GiG), Catena updated its investors …
Read More »Tag Archives: Catena Media
SBC Leaders Magazine: UK racing, Ghostbusters and the 4 horsemen of the apocalypse
New year, new magazine? You’re in luck as today is the day that Issue 24 of the SBC Leaders Magazine breaks cover. Kicking off this edition, we have UK Tote Group CEO Alex Frost who tells us about how his company has found itself at the forefront of the UK racing industry. He reflects on his background in equity sales …
Read More »Catena warns of costly Q4 Euro asset writedowns
Catena Media has warned investors of a reduction in Q4 operating profits due to impairments related to write-downs and restructuring measures of its European media portfolio. Publishing a Q4 2022 preliminary update, Catena underlined continued strong US trading, as its North American assets achieved revenues of €21.5m, reflecting a 31% increase on corresponding results of €16.4m. Having reduced the size …
Read More »“Brazil the catapult to follow’ as Affiliates eye LatAm opportunities against conflicts
The Affiliate Leaders panel at SBC LatAm Summit warns that M&A and SEO-heavy strategies will not cut it in South America, where audiences require a dynamic approach to engage with sportsbooks and online casinos. Affiliate leaders are optimistic of the prospects of further South American sportsbook and igaming markets being imminently regulated and opening new commercial horizons. A fresh destination …
Read More »Catena continues European asset review to bolster US vision
Catena Media Plc continues to examine all available options related to its ongoing strategic review and business transformation, prioritising accelerated growth within North American markets. In May, prior to publishing the group’s interim results, Catena’s Board announced that it had placed all European assets under review, as part of a group-wide evaluation of its business strategy. Tough H1 trading saw …
Read More »Learn about the latest affiliate marketing trends and acquisition strategies in the ‘Affiliate, Marketing & Media Zone’
Affiliate, media and marketing professionals will gather in the dedicated zone at SBC Summit Barcelona 2022 to discuss the latest strategies, trends and regulatory challenges in affiliate marketing. The exhibition floor at the Summit, which takes place at Fira Barcelona Montjuïc on 20-22 September, will feature major companies such as Bet365, CasinoGuru News, Ebet, Kaizen Gaming, Melbet, Videoslots and XL …
Read More »Catena H1 dragged by macro elements ahead of Euro asset review
Catena Media Plc has detailed continued North American strategic progress but warns of multiple European headwinds impacting its earnings results. Publishing its interim H1 2022 trading statement, Catena registered Group revenues of €74m, up 4% on H12021 comparative results of €71m. Headline growth is maintained as the Stockholm-listed publisher overcomes a tough comparative Q2 trading period which saw group revenues …
Read More »AskGamblers to promote Responsible Gambling across all casino reviews
Online gambling community AskGamblers has revamped its website featuring a new ‘Responsible Gambling’ tab across all online casino reviews. The feature will provide audiences with a comprehensive breakdown of all safer gambling tools offered by listed brands, including deposit limits, spend monitors, times/session alerts and game risk indicators. Furthermore, the AskGamblers Responsible Gambling tab will inform players on all individual …
Read More »Catena places all European media assets under strategic review
Catena Media Plc has this morning announced that it has placed its entire European business under strategic review. The decision follows a corporate review of Catena’s European media operations initiated on 20 May, with a view to identify and expand efficiencies. The Stockholm-listed affiliate media publisher will examine all options for its European activity “consisting of online sports betting and …
Read More »Catena takes control of NJ.com gambling coverage
Catena Media Plc has secured its first major US media partnership, becoming the lead gambling content provider for Advance Local – the publisher of NJ.com and other localised new sources. The agreement will see Catena provide high-quality coverage of online sports betting and casino developments for Advance Local audiences across legislated US states. Of significance, the publisher will take over …
Read More »