Catena Media

Last updated

Catena Media PLC
Company type Public company
Nasdaq Stockholm:  CTM
Industry Online gambling
Founded2012
Headquarters Gzira, Malta
Key people
Michael Daly (CEO), [1] Göran Blomberg (chairman), [2]
Peter Messner (CFO) [3]
Revenue€110.1 million (2022) [4]
€50.1 million (2022) [4]
Number of employees
350 (2022) [4]
Website catenamedia.com

Catena Media is a public media company. The company was founded in 2012 and employs 500 people in Malta, the United Kingdom, Serbia, Italy, Germany, Sweden, the United States, Australia, and Japan.

Contents

History

Kathryn Moore Baker, Catena chairman Kathryn M. Baker - Norges Bank Arstale (192547).jpg
Kathryn Moore Baker, Catena chairman

In 2008, childhood friends Erik Bergman and Emil Thidell opened a web consulting agency. For the first two years, the business operated from Thidell's parents’ basement. In October 2010, the pair decided to move to Malta. In 2012, they established Catena Media, with a focus on the lead generation for online gambling operators.[ citation needed ]

In 2013, Catena Media began rapidly expanding, entering the Norwegian, Finnish, and Swedish markets. In October 2014, the company completed its first acquisition of the company Finix Invest, and in 2015 acquired eight more companies in the UK, the Netherlands, and Belgium. By the end of 2015, the company employed 50 people. [5] In the first quarter of 2017, its revenues totaled EUR 15.23 million (7.46). [6]

Websites

AskGamblers.com

Catena Media acquired the website AskGamblers.com in April 2016 for €15 million (US$17.1 million). [7] AskGamblers is one of Catena Media's largest websites, which features a service to resolve player complaints. Players lodge disputes with the website, and an operator responds. Through the service, $26 million was returned to over 9,873 players in total as of 2015. [8]

Other websites

Catena Media acquired i15Media in December 2016. [9] In late 2016, the company also acquired two British websites - SBAT.com, a sports statistics and betting tips website, for €13 million [10] and CasinoUK.com, for US$13.38 million. [11]

In April 2017, Catena Media relaunched casino comparison site JohnSlots.com. [12] In December, it was announced that Catena Media had purchased Squawka, a football news website which had been going through financial difficulties, for $1.3 million. [13] Catena Media also acquired Baybets Ltd. that same month. [14]

In March 2018, Catena Media acquired the US-based BonusSeeker.com. [15] In July 2018, Catena Media closed its acquisition of the foreign exchange market news website LeapRate.com. [16]

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References

  1. ↑ "Catena Media appoints Michael Daly as new CEO" (Press release). Catena Media. Retrieved 1 March 2021.
  2. ↑ "Catena sanctions board makeover as Kathryn Baker resigns from Chair duties". SBC News.
  3. ↑ "Catena Media names new finance chief". Gaming Intelligence. 11 March 2020. Retrieved 3 April 2020.
  4. 1 2 3 "Annual Report 2022" (PDF) (Press release). Catena Media. Retrieved 4 November 2023.
  5. ↑ "Annual Report 2018" (PDF). Catena Media. Archived from the original (PDF) on 11 November 2019. Retrieved 11 November 2018.
  6. ↑ "Catena Media – interim report Q1 2017" (Press release). Catena Media. 17 May 2017.
  7. ↑ "AskGamblers.com acquired for EUR 15 million". Reuters. 4 April 2016.
  8. ↑ "AskGamblers Complaint Service Report 2015". CalvinAyre.com (Press release). 2 March 2016.
  9. ↑ "Catena beefs up US presence with i15Media deal". InterGame. 8 January 2020. Retrieved 22 December 2020.
  10. ↑ "Catena Media stiger på förvärv". Dagens Industri (in Swedish). 4 October 2016.
  11. ↑ Rostislav Danylyak (5 December 2016). "Catena Media приобрела сайт CasinoUK.com". News in Gambling (in Russian).
  12. ↑ Harrison, Robin (5 April 2017). "Catena Media relaunches JohnSlots casino comparison site". Gaming Intelligence. Retrieved 4 July 2018.
  13. ↑ "Catena seals deal for Squawka". iGaming Business. 15 December 2017.
  14. ↑ "Catena Media amends earn-out for BayBets acquisition". iGaming Business. 9 July 2019. Retrieved 22 December 2020.
  15. ↑ "Catena Media Acquires BonusSeeker.com". Reuters. 28 March 2018. Retrieved 10 December 2020.
  16. ↑ Jeary, Nicole (25 July 2018). "Catena Media consolidates its lead in financial vertical by acquiring premium Forex industry news website LeapRate.com". UK Investor Magazine. Retrieved 25 July 2018.
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