A significant online gaming company, Catena Media, is contemplating divesting portions of its operations. This follows a quarter of unprecedented financial success, during which they amassed €45.2 million (approximately $47.5 million), reflecting an 11% surge compared to the previous year.
Despite experiencing a peak in earnings and new clientele, their focus remains on the long term. Reportedly, several unidentified entities have expressed interest in acquiring specific Catena holdings, notably their flagship asset, AskGamblers.
Catena is approaching this situation with prudence, stressing that no decisions have been finalized. They retain the option of retaining all assets for the time being. For those unfamiliar, Catena is a prominent industry player, facilitating connections between online casinos, sports betting platforms, and enthusiastic gamblers.
GamblersConnect is an online platform that assists individuals in discovering reputable internet casinos for gaming. Established in 2012, they have experienced significant success, particularly within North America, where an increasing number of states are authorizing wagering on sporting events. Their revenue stream originates from collaborations with businesses operating in the online gambling and financial services sectors.
Gavin "Gust" Diaz