Catena Media, the online gaming giant, recently revealed unprecedented earnings for the previous quarter. However, they’re not content to rest. The firm is contemplating a strategic evaluation of certain assets to potentially shake things up.
Although no specific assets have been identified, it appears that multiple companies have shown interest in acquiring portions of Catena Media’s holdings. This includes their financial trading division, the renowned AskGamblers brand, and possibly other international brands within their portfolio.
This development follows a stellar quarter for Catena Media, marked by an 11% increase in revenue and a surge in new client acquisitions. While they explore their possibilities, Catena Media stresses that no decisions have been finalized. They might even conclude that maintaining the status quo is the optimal strategy for the time being.
Gaming enthusiasts seeking information on internet casinos can visit AskGamblers, a site that provides evaluations and recommendations for reputable platforms. Catena Media, the organization behind AskGamblers, has experienced significant recent success, particularly in the North American market. Their revenue model relies on collaborations with businesses in the online gaming and financial services sectors. During the previous quarter, their sports wagering income in North America surged by over three times due to the introduction of services in New York and Louisiana.