Catena Media

Catena Media is a publicly-listed 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.

Catena Media PLC
TypePublic company
Nasdaq Stockholm: CTM
IndustryOnline gambling
Founded2012
HeadquartersGzira, Malta
Key people
Michael Daly (CEO),[1] Göran Blomberg (chairman),[2]
Peter Messner (CFO)[3]
Revenue€106.0 million (2020)[4]
€43.5 million (2019)[5]
Number of employees
404 (2019)
Websitecatenamedia.com

History
Kathryn Moore Baker, Catena Chairman

In 2008, childhood friends Erik Bergman and Emil Thidell opened a web consultancy 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 lead generation for online gambling operators.

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. The number of company employees reached 50 by the end of 2015.[6] The first quarter of 2017 revenues totaled EUR 15.23 million (7.46), an increase of 104 per cent compared with the same quarter of the previous year.[7]

Websites

AskGamblers.com

Catena Media acquired the website AskGamblers.com in April 2016 for €15 million (US$17.1 million).[8] 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 as of 2015.[9]

Other websites

Catena Media acquired i15Media in December 2016.[10] In late 2016 the company also acquired two British websites - SBAT.com, a sports statistics and betting tips website, for €13 million[11] and CasinoUK.com, for US$13.38 million.[12]

In April 2017, Catena Media relaunched casino comparison site JohnSlots.com.[13] 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.[14] Catena Media had also acquired Baybets Ltd. that month.[15]

In March 2018, Catena Media acquired US-based BonusSeeker.com.[16] In July 2018, Catena Media closed the acquisition of the premium forex industry news website LeapRate.com.[17]

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. "Annual Report 2019" (Press release). Catena Media. Retrieved 4 January 2021.
  5. "Annual Report 2019" (PDF). Catena Media. Retrieved 4 January 2021.
  6. "Annual Report 2018" (PDF). Catena Media. Retrieved 11 November 2018.
  7. "Catena Media – interim report Q1 2017 - Catena Media" (Press release).
  8. "AskGamblers.com acquired for EUR 15 million". Reuters. 4 April 2016.
  9. "AskGamblers Complaint Service Report 2015". CalvinAyre.com (Press release). 2 March 2016.
  10. "Catena beefs up US presence with i15Media deal". InterGame. 8 January 2020. Retrieved 22 December 2020.
  11. "Catena Media stiger på förvärv". Dagens Industri (in Swedish). 4 October 2016.
  12. Rostislav Danylyak (5 December 2016). "Catena Media приобрела сайт CasinoUK.com". News in Gambling (in Russian).
  13. Harrison, Robin. "Catena Media relaunches JohnSlots casino comparison site". Gaming Intelligence. Retrieved 4 July 2018.
  14. "Catena seals deal for Squawka". iGaming Business. 15 December 2017.
  15. "Catena Media amends earn-out for BayBets acquisition". iGaming Business. 9 July 2019. Retrieved 22 December 2020.
  16. "BRIEF-Catena Media Acquires BonusSeeker.com". Reuters. Retrieved 10 December 2020.
  17. "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.
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