Catena Media

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Catena Media PLC
TypePublic
Nasdaq StockholmCTM
Industry
Founded2012
HeadquartersQuantum Place, Triq ix-Xatt, Ta’ Xbiex, Gzira GZR 1052
Key people
Michael Daily (CEO), Göran Blomberg (Chairman)[1] Peter Messner (CFO)
Revenue106.0 million (2020)[2]
43.5 million (2019)[3]
Number of employees
404 (2019)
Websitecatenamedia.com

Catena Media is a publicly listed media company. The company was founded in 2012 and employs 390 people in Malta, the United Kingdom, Serbia, Italy, Germany, Sweden, the US, Australia and Japan.

History[]

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

Kathryn Moore Baker, Catena Chairman

In 2013, Catena Media began rapidly expanding, entering the Norwegian and Finnish markets in addition to Sweden where its sole focus had lain. In October 2014, the company completed its first acquisition, with the company Finix Invest, and in 2015 acquired eight more companies in the UK, Netherlands and Belgium. The number of company employees reached 50 by the end of 2015.[4]

The company was publicly listed on Nasdaq Stockholm First North Premier in February 2016 with the ticker symbol CTM.[5]

In April 2016 Catena acquired the website AskGamblers.com for €15 million (US$17.1 million).[6] In late 2016 the company acquired two British websites - SBAT.com, a sports statistics and betting tips website, for €13 million[7] and CasinoUK.com, for US$13.38 million.[8] First quarter of 2017 revenues totaled EUR 15.23 million (7.46), an increase of 104 percent compared with the same quarter of the previous year.[9]

In April 2017, Catena Media relaunched casino comparison site JohnSlots.com.[10]

On 21 December 2017, it was announced that Catena Media has purchased Squawka, the global football news website for $1.3 million, which had been going through some financial difficulties.[11]

In March 2018, Catena Media appointed Nigel Frith to expand its services to financial sectors.[12]

In July 2018, Catena Media closed the acquisition of the premium forex industry news website LeapRate.com.[13]

In August 2018, Catena Media closed a sponsorship deal with German boxer Christina Hammer to promote its site Casinobonus360.de.

In August 2018, Catena Media closed exclusive affiliate partnership deal with German online casino ladyhammercasino.com to be the only affiliate partner of a brand new online casino brand.[14]

In March 2020, Catena Media appointed Peter Messner as its new group Chief Financial Officer, replacing Erik Edeen, who had been serving as interim group CFO since succeeding Pia-Lena Olofsson in January 2019.[15][16][17][18]

Michael Daly was announced as the new CEO in January 2021 and took up his role on 1 March 2021. Daly had been running the company's US operations since 2018.[19]

AskGamblers.com[]

AskGamblers is one of Catena Media's largest websites, which features a player complaints resolution service. Players lodge disputes with the website, which then gives the relevant operator an opportunity to respond. Through the AskGamblers Casino Complaint Service $26 million of delayed, unfairly confiscated and otherwise unpaid money has been returned to over 9,873 players in total so far.[20]

AskTraders.com[]

AskTraders is one of the main Catena's websites in Fintech, which offer detailed information and education about trading to millions of users worldwide.[21]

BonusSeeker.com[]

In March 2018, Catena Media acquired US-based BonusSeeker.com.[22]

Superscommesse.it[]

In June 2018, Catena Media acquired Italian sports news and lead-generator company ASAP Italia. The company consequently entered the Italian market for sports betting through the website Superscommesse.it, which hosts sections about sports, sports betting, daily news, predictions and odds.

In October 2019, Catena Media issued the final payment for the full acquisition of ASAP Italia.[23] In the same year, Superscommesse won the EGR Awards as affiliate of the year.[24]

EsportsBets.com[]

Catena Media made two acquisitions, Baybets Ltd. in December 2017,[25] and i15Media in December 2016.[26] They focused on sports betting regulated markets for Germany and the US respectively, and these including esports betting assets designed for both markets. Gianfranco Capozzi, the Head of Esports in Catena Media since the BayBets acquisition in 2017, grew the department and with technological advancements.[27].  

Under Gianfranco Capozzi, a new portfolio of esports related sites have been built and upgraded underneath the Catena Media banner. This includes a site that focuses on the esports betting industry, iGaming markets and bookies, Esports.net[28] a daily news site that looks at on competitive gaming news, esports trends and industry updates, and wagering esports products.

References[]

  1. ^ "Catena sanctions board makeover as Kathryn Baker resigns from Chair duties".
  2. ^ "Annual Report 2019" (Press release). Retrieved 4 January 2021.
  3. ^ "Annual Report 2019" (PDF). Retrieved 4 January 2021.
  4. ^ "Annual Report 2018" (PDF). Retrieved 11 November 2018.
  5. ^ "Nasdaq First North Catena Media". 11 November 2019.
  6. ^ "AskGamblers.com acquired for EUR 15 million". Reuters. 4 April 2016.
  7. ^ "Catena Media stiger på förvärv". Dagens Industri (in Swedish). 4 October 2016.
  8. ^ Rostislav Danylyak (5 December 2016). "Catena Media приобрела сайт CasinoUK.com". News in Gambling (in Russian).
  9. ^ "Catena Media – interim report Q1 2017 - Catena Media" (Press release).
  10. ^ Harrison, Robin. "Catena Media relaunches JohnSlots casino comparison site - Gaming Intelligence". www.gamingintelligence.com. Retrieved 4 July 2018.
  11. ^ "Catena seals deal for Squawka". 15 December 2017.
  12. ^ Administrator2. "Catena Media appoints Nigel Frith to lead financial services expansion - Gaming Intelligence". www.gamingintelligence.com. Retrieved 4 July 2018.
  13. ^ Administrator3. "Catena Media consolidates its lead in financial vertical by acquiring premium Forex industry news website LeapRate.com". www.ukinvestormagazine.co.uk. Retrieved 25 July 2018.
  14. ^ "Online Casino for you - ladyhammercasino.com". www.ladyhammercasino.com.
  15. ^ "Catena Media names new finance chief". Gaming Intelligence. 11 March 2020. Retrieved 3 April 2020.
  16. ^ "Catena Media names Messner as new financial chief". iGaming Business. 10 March 2020. Retrieved 3 April 2020.
  17. ^ "Catena Media appoints new CFO after 2019 losses". www.gamblinginsider.com. Retrieved 3 April 2020.
  18. ^ "Catena Media Appoints Peter Messner as New Chief Financial Officer". Tunf News. 13 March 2020. Retrieved 3 April 2020.
  19. ^ "Catena Media appoints Michael Daly as new CEO". Catena Media (Press release). Retrieved 1 March 2021.
  20. ^ "AskGamblers Complaint Service Report 2015". CalvinAyre.com (Press release). 2 March 2016.
  21. ^ "AskTraders Relaunch". Catena Media. Retrieved 1 March 2021.
  22. ^ "BRIEF-Catena Media Acquires BonusSeeker.com". Reuters. Retrieved 10 December 2020.
  23. ^ "Catena Media makes final payment in ASAP Italia deal". iGaming Business. 15 October 2019. Retrieved 22 December 2020.
  24. ^ "Catena gains Italian Vision with ASAP Sports acquisition". SBC News. 28 June 2018. Retrieved 22 December 2020.
  25. ^ "Catena Media amends earn-out for BayBets acquisition". iGaming Business. 9 July 2019. Retrieved 22 December 2020.
  26. ^ "Catena beefs up US presence with i15Media deal". InterGame: iGaming, Casino & Coin-Op News. 8 January 2020. Retrieved 22 December 2020.
  27. ^ Contributor. "Esports arena: The necessity of disruption". EGR Technology. Retrieved 22 December 2020.
  28. ^ "Authors, Staff Writers, Editors & Journalists at Esports.net". Esports.net. Retrieved 22 December 2020.
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