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Business
August 9, 2023
Catena Successfully Completes Share Buyback Program
Such a strategic move should have many significant long-term benefits to the organization, aligning with its goals to streamline its business and refocus on core markets. A sturdy financial foundation will be instrumental in Catena Media’s planned 2024 North Carolina launch, requiring significant capital and lasting shareholder confidence. The Company Completed Its Short-Term Objectives Catena […]
Business
August 7, 2023
Per Widerström Departs Catena Media to Take the Helm at 888 Holdings
Per Widerström’s decision to step down comes as he embarks on an exciting new chapter in his career, taking on the prestigious position of chief executive officer at renowned iGaming giant 888 Holdings. Widerström’s new appointment is a testament to his extensive expertise and exceptional track record within the iGaming sector. His time at Catena […]
Business
August 4, 2023
Catena Divests UK and Australian Units in $6.56M Deal with Moneta
Catena is divesting from the United Kingdom and Australia as the company seeks to consolidate its presence in North America – a fairly new, vibrant, and highly promising iGaming and sports betting market. The sale is part of a company-wide strategic review that wants to see the company optimize and establish its footprint in the […]
Business
July 17, 2023
Catena Media Unveils $5.4M Share Buyback Program
Catena Media, a global leader in generating high-value leads for operators of online casino and sports betting platforms, has unveiled a new SEK 55 million ($5.36 million, current conversion rates) share buyback program. The buyback was approved by the company’s board of directors during the extraordinary general meeting on July 12 and following an initial […]
Business
June 19, 2023
Catena Media Confirms Plans for North Carolina Launch in 2024
The leading marketing affiliate for online sports betting and casino in North America, Catena Media, hinted at plans for further US expansion on Monday. The company confirmed that it plans to launch within the sports betting market in North Carolina. The announcement comes after sports betting was greenlighted in the state last week. North Carolina […]
Business
May 17, 2023
Catena Enjoys Strong First Quarter but Revenue Dips Slightly
Catena Media released its latest report, revealing data regarding the company’s financial performance between January and March this year. In Q1, 2023, the company reported total revenue of €35 million ($37.9 million). This result, when compared to the €36.9 million ($40 million) result from the corresponding period in 2022, marked a decrease of 5%. Adjusted […]
Business
May 5, 2023
Catena Media Designates Erik Edeen as Interim CFO
Catena Media, a company delivering traffic to iGaming brands and financial services, has announced a new appointment. The affiliate will be joined by the skilled Erik Edeen who will serve as its interim chief financial officer. Erik Edeen, who is set to step in as interim CFO, holds a Master of Business and Economics with […]
Business
February 22, 2023
Catena Remains Confident in North America as FY2022 Proves Strong
The company, which is a leader in the affiliate iGaming and sports betting market, offered a detailed breakdown both of its Q4 and FY2022 results. Some of the highlights enumerated by the company included a revenue increase of 31% in the last three months of the year, driven by online sports betting launches in Maryland. […]
Business
February 9, 2023
Catena Media Confirms CFO Peter Messner Plans to Step Down
Details about the latest announcement emerged Wednesday and according to Catena Media, Messner is expected to leave from his current position within the next six months. In the meantime, the company confirmed it has already started the process of recruiting a new chief financial officer. Michael Daly, Catena’s CEO, explained that amid the growing presence […]
Business
February 2, 2023
Better Collective Buys 5% Stake in Catena Media
The news was reported in a very short press release from Better Collective stating that the company is satisfied with its investment and does not wish to comment on it any further. The Start of a Collaboration Between Fierce Rivals It is interesting to see how the two companies will collaborate. Up to now, they […]
