A significant online gaming entity, Catena Media, is contemplating divesting certain segments of its operations. This decision follows closely on a remarkable initial quarter, during which they amassed €45.2 million in earnings. Despite this triumph, they aim to restructure, possibly prompted by inquiries from undisclosed parties. Among the holdings under consideration is AskGamblers, a leading platform within the online gaming evaluation domain. Although no definitive agreements are in place, Catena Media appears willing to undertake substantial actions to enhance its worth.
GamblersConnect is a platform for gaming enthusiasts to explore evaluations of internet casinos. Their stated mission is to guide individuals in selecting an online gambling destination.
Owned by Catena Media, a corporation established in 2012, GamblersConnect collaborates with businesses in the digital gaming and financial services sectors. Catena Media has experienced consistent revenue expansion for six consecutive quarters.
The North American market represents Catena Media’s most rapid growth area, fueled by the legalization of online wagering in emerging U.S. regions such as New York and Louisiana. Catena Media has witnessed a substantial surge in earnings from sports wagering within North America.