Industry
August 15, 2024
Sweepstakes: a Priority for Catena, a Concern for Flutter
Following the revenue drop and important reshuffling of its executive team, 2012-founded publicly-traded online gambling information company Catena Media has announced it would revamp its operations and shift the focus on its top products, including the controversial sweepstakes in the upcoming months. On the other hand, FanDuel is more wary on the topic of sweepstakes, […]
Casino
August 15, 2024
Catena Hit by Google Updates in Q2 Results
Catena Media reported a 14% year-over-year drop in revenue during the second quarter earnings call, posting €12.8m in revenue. The company has been undergoing a rapid adaptation period, faced with numerous technical challenges traced back to Google’s changing algorithms that have hit some of the best-established affiliate companies in the sector. Catena Grapples with Past […]
Business
June 21, 2024
Catena Media Expects Q2 Revenue Drop Because of Google Changes
At the start of May, affiliate business with a presence across multiple geographical markets, Catena Media, published its first quarter results for 2024, signaling suboptimal results. The serious drop across the board was tied to the poor execution of the business strategy, as well as Google’s recent changes. In similar news, the company that operates […]
Business
June 14, 2024
Catena Media Names Jamie-Grace Farrugia VP HR, Parts Ways with Fiona Ewins Brown
Casino and betting affiliate specialist Catena Media announced that it will be parting ways with Fiona Ewins Brown who has served as its chief human resources officer for almost a decade. In the meantime, the company will appoint Jamie-Grace Farrugia as its new vice president of human resources. Brown, according to Catena Media, will depart […]
Business
May 30, 2024
Catena Media Names Jasleen Kals as VP Product amid Transformative Changes
The online marketing company that powers the betting and iGaming sectors, Catena Media, announced it strengthened its senior-level team with a new addition. The company confirmed Wednesday it hired the services of the proven product leader with extensive experience, Jasleen Kals. Joining the C-suite at Catena, she was appointed to the role of VP product. […]
Business
May 8, 2024
Google Changes Hit Catena Media Hard, CEO Cadena Says
Catena Media just published its Q1 results, reporting significant declines across the board. According to the affiliate company’s leadership, the suboptimal results can be attributed to the lackluster execution of the company’s business strategy and Google’s recent changes. For context, the affiliate company’s revenue declined 49% to $17.2 million, while adjusted EBITDA plummeted to $2 […]
Business
May 7, 2024
Catena Media Reports Underperformance Amid Management Changes
The performance-based online marketing company that caters to the iGaming and betting sectors, Catena Media, released its latest financial report Tuesday. The company disclosed its interim report covering the period between January and March 2024, revealing unsatisfactory results, pointing to year-over-year decreases in a number of operating segments. Per Catena’s new report, revenue from continuing […]
Business
April 5, 2024
Catena Media Names Gerrow CFO; Edeen Takes Advisory Function
Catena Media, a performance-based online marketing company serving the iGaming and sports betting sectors, has unveiled another addition to its C-suite. The company, which recently made other major leadership changes, announced that the experienced Michael Gerrow will now serve as group chief financial officer. In his new position, Gerrow will leverage over 15 years of […]
Business
March 25, 2024
Catena Media Proposes New Board Appointments Ahead of AGM
The Nomination Committee of affiliate giant Catena Media proposed the reelection of several directors and the appointment of new ones. Under the committee’s plan, the company’s new board of directors will have six members instead of seven. As reported by Catena Media, the Nomination Committee proposed the re-election of Øystein Engebretsen, Theodore Bergquist, Adam Krejcik […]
Business
March 6, 2024
Catena Media Picks Manuel Stan as Permanent CEO
Manuel Stan, a former Kindred Group executive, now steps into the role. He will be running the company out of Las Vegas and will be responsible for both the group’s North American and global market operations. Two-Decade Industry Veteran to Lead Catena’s NA and Global Efforts Stan will be assuming the top job at the […]
