Tag Archives: Per Hellberg

GiG to power PlayStar Casino Pennsylvania entry

Gaming Innovation Group (GiG) will now power PlayStar Casino’s expansion into the Pennsylvanian gaming industry after agreeing to supply its iGaming platform technologies. Building on the foundation of their initial partnership, the new long-term partnership will enable PlayStar Casino to make its second US market entry, while GiG will be making its third market debut. Richard Brown, Chief Executive Officer …

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Catena appoints US VP Michael Daly as CEO elect

The board of Catena Media has confirmed the promotion of current North America VP Michael Daly to Chief Executive, with the leadership appointment effective from 1 March. Based in Las Vegas, Daly has spearheaded Catena’s publishing, M&A and growth strategy for the US wagering market since 2018. Prior to joining Catena, Daly oversaw the North American business units of Nasdaq-listed …

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Catena reviews M&A options to continue global momentum

Catena reviews M&A options to continue global momentum

Catena Media has outlined its plans to pursue new M&A opportunities and international expansion as it seeks to grow the global footprint of its affiliate marketing network. Publishing its Q3 trading statement (period ending 30 September), Stockholm-listed Catena noted that its operating revenue amounted to €24.9 million, down 6% from €26.4 million in the same period last year. New Depositing …

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Catena lauds ‘record’ Q2 as casino drives performance

Catena Media has praised its resilience and adaptability in navigating the challenges faced by COVID-19 as the group posted a ‘record’ Q2. This story featured in today’s SBC News 90. To view the latest round-up, watch today’s edition here. Publishing its interim results for April – June 2020, Catena declared operating revenues of €27.8 million, a 17% increase on Q2 …

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Catena forecasts ‘record results’ ahead of August interims

Catena Media stated that it will deliver ‘record revenue and profits’ for Q2 2020 trading, as a result of significant online casino growth recorded across its global publishing network. Navigating the ‘continued, changing market conditions’ of the global pandemic, Catena has anticipated that revenues will amount to approximately €27.7 million, a 17% increase on Q2 2019’s €23.7 million. Q2 trading …

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Catena Media boosts casino offering to offset sports shortfall

Stockholm-listed industry publisher Catena Media has revealed that it is sourcing ‘alternative revenue streams’ for its sports division, as the COVID-19 pandemic continues to disrupt global sports fixtures. Publishing a trading update for January – February 2020, Catena Media revealed that sports accounted for 35% off its revenues generated during the period, which saw a 5.7% overall increase from €17.1m …

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Catena ends CFO hunt appointing Peter Messner as financial lead

Stockholm-listed industry affiliate marketing network Catena Media Plc has confirmed the appointment of Peter Messner as new Group Chief Financial Officer (CFO). Messner will begin his CFO tenure on 1 April 2020, taking over the duties and responsibilities currently held by Erik Edeen as Catena Media’s interim financial lead. A seasoned CFO for digital enterprises, Messner joins Catena’s executive team …

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Catena Media reports revenue losses during ‘challenging’ 2019

Industry affiliate marketing publisher Catena Media has cited a struggling performance across its core business units after recording a 2.1% drop in revenues during full-year 2019 trading. Publishing its end of year report for the period January – December 2019, Catena revealed that revenues were down from €105m in 2018 to €102.8m in 2019. Catena also recorded a 1.8% year-on-year …

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Catena backs i15Media’s new acquisition phase

Seeking to boost its US market profile and coverage, Stockholm-listed Catena Media confirms that it has entered a strategic arrangement with ‘i15Media’, the media investment vehicle established by Chris Grove and Kendall Saville. Updating the market, Catena governance confirms that it has completed its buyout of i15Media US assets, initially triggered in December 2016. Further to the earn-out, Catena governance …

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