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Business
May 7, 2024
Catena Media Reports Underperformance Amid Management Changes
The performance-based online marketing company that caters to the iGaming and betting sectors, Catena Media, released its latest financial report Tuesday. The company disclosed its interim report covering the period between January and March 2024, revealing unsatisfactory results, pointing to year-over-year decreases in a number of operating segments. Per Catena’s new report, revenue from continuing […]
Business
April 5, 2024
Catena Media Names Gerrow CFO; Edeen Takes Advisory Function
Catena Media, a performance-based online marketing company serving the iGaming and sports betting sectors, has unveiled another addition to its C-suite. The company, which recently made other major leadership changes, announced that the experienced Michael Gerrow will now serve as group chief financial officer. In his new position, Gerrow will leverage over 15 years of […]
Business
March 25, 2024
Catena Media Proposes New Board Appointments Ahead of AGM
The Nomination Committee of affiliate giant Catena Media proposed the reelection of several directors and the appointment of new ones. Under the committee’s plan, the company’s new board of directors will have six members instead of seven. As reported by Catena Media, the Nomination Committee proposed the re-election of Øystein Engebretsen, Theodore Bergquist, Adam Krejcik […]
Business
March 6, 2024
Catena Media Picks Manuel Stan as Permanent CEO
Manuel Stan, a former Kindred Group executive, now steps into the role. He will be running the company out of Las Vegas and will be responsible for both the group’s North American and global market operations. Two-Decade Industry Veteran to Lead Catena’s NA and Global Efforts Stan will be assuming the top job at the […]
Business
February 27, 2024
Catena Media CEO Steps Down; Interim CEO Appointed
Casino affiliate Catena Media announced that it will be parting ways with its chief executive officer, Michael Daly. According to the company, Daly’s decision followed extensive consideration and consultations with the board. Catena added that the resignation takes immediate effect. As Daly departs, the position will be temporarily filled by Pierre Cadena, the company’s vice […]
Business
February 14, 2024
Catena Media Updates Financial Goals as CEO Daly Targets AI Supremacy
Catena Media CEO Michael Daly has commented on the company’s AI capabilities in the wake of the company’s Q4 report. While he dubbed the financial results “disappointing,” Daly believes that the affiliate has an edge over its rivals when it comes to artificial intelligence. The firm has long been investing in AI solutions, seeking to […]
Business
February 13, 2024
Catena Posts Weak Q4 Results, Reports Decrease in Revenue for 2023
Catena Media released its latest financial report, uncovering details regarding its performance for the fourth quarter and full year 2023. Released Tuesday, the new report acknowledged “weak” quarter results amid an ongoing investment that seeks to propel future growth and profitability. Details disclosed by Catena reveal that its Q4 2024 revenue from continuing operations took […]
Industry
January 11, 2024
Catena Media Enters Vermont’s Fresh Online Betting Market
Vermont online sports betting has finally become a reality, allowing local customers to play with three of America’s largest operators. In addition to that, Catena Media, one of North America’s most influential sports betting affiliates, has now launched online sports betting affiliation in the state. The short list of online sports betting operators available in […]
Business
November 30, 2023
Catena Media Names Sean Hurley Non-executive Director
The leading iGaming affiliate, Catena Media, announced an important senior-level appointment today. The company confirmed that its board of directors decided to appoint the seasoned executive, Sean Hurley, as non-executive director. Joining Catena, he fills in the role that was vacated by Per Widerström back in August this year. At the time, Widerström said that […]
Business
November 21, 2023
Catena Media Completes Divestment of Italian Assets, Wraps up Strategic Review
Catena Media, a leading iGaming affiliate, announced that it has completed the divestment of its Italian sports and casino assets in two deals totaling EUR 19.8 million ($21.7 million). The company, which just posted its Q3 results, has been restructuring its business for over a year now. One of the transactions has now been closed, […]
