Catena Media Explores Potential Sale of AskGamblers Despite Record Financial Performance

0

A prominent online gaming entity, Catena Media, is contemplating divesting several of its flagship properties, notably the well-known evaluation platform, AskGamblers. This development follows closely on the heels of an unprecedented financial period for the organization, during which they declared substantial earnings and expansion.

Notwithstanding this triumph, Catena Media has garnered attention from undisclosed parties interested in procuring specific segments of their enterprise. Although declining to identify specific suitors, the firm stressed that no resolutions have been reached and a sale of assets is not guaranteed. This strategic assessment centers on determining the optimal course of action for Catena Media and its investors.

AskGamblers serves as a platform where individuals can explore and gather information about internet-based casinos, aiding them in selecting the most suitable option. Established in 2012, the organization responsible for this website, Catena Media, collaborates with enterprises operating within the online gaming and financial services sectors. Catena Media has experienced consistent revenue expansion for six consecutive quarters, with their North American market witnessing remarkable surge due to the legalization of sports wagering in states such as New York and Louisiana.

Leave a Reply

Your email address will not be published. Required fields are marked *