{"id":92,"date":"2024-06-13T17:11:13","date_gmt":"2024-06-13T14:11:13","guid":{"rendered":"https:\/\/winportnodepositbonus.icu\/2024\/06\/13\/better-collective-makes-a-power-play-acquires-significant-stake-in-catena-media\/"},"modified":"2024-06-17T13:15:50","modified_gmt":"2024-06-17T10:15:50","slug":"better-collective-makes-a-power-play-acquires-significant-stake-in-catena-media","status":"publish","type":"post","link":"https:\/\/winportnodepositbonus.icu\/2024\/06\/13\/better-collective-makes-a-power-play-acquires-significant-stake-in-catena-media\/","title":{"rendered":"Better Collective Makes a Power Play: Acquires Significant Stake in Catena Media"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/PnR0L0VMhlc\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The digital gaming landscape is abuzz with the announcement that industry heavyweight Better Collective has acquired a substantial portion of rival Catena Media. This strategic maneuver follows closely on the heels of other significant consolidations, such as Allwyn&#8217;s acquisition of Camelot after an intense contest for control of the UK&#8217;s upcoming National Lottery.<\/p>\n<p>Although Better Collective hasn&#8217;t fully merged with Catena Media (as of now!), this power play could signal the beginning of a major shift. Both entities are recognized as frontrunners in the iGaming realm, having absorbed smaller firms and made their presence known in the thriving US online gambling market.<\/p>\n<p>However, Catena Media&#8217;s journey hasn&#8217;t been without its bumps. They recently opted to divest their prized AskGamblers platform to Gaming Innovation Group (GiG) following a period of strategic introspection.  Their share value has also experienced a decline, falling from its zenith a year prior.<\/p>\n<p>Better Collective evidently viewed this as an opportune moment, seizing the chance to secure a significant stake in Catena Media. This audacious move, valued at a cool $100 million (or more!), demonstrates their serious intentions. <\/p>\n<p>The firms branch is content with the current state of affairs and declines further comment. <\/p>\n<p>This agreement between the entities is noteworthy due to its timing, occurring shortly after GiG&#8217;s acquisition of AskGamblers. Industry observers are keenly watching the collaboration unfold between these one-time competitors. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital gaming landscape is abuzz with the announcement that industry heavyweight Better Collective has&#8230;<\/p>\n","protected":false},"author":64,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Better Collective &amp; Catena Media: A Gaming Merger?<\/title>\n<meta name=\"description\" content=\"Is a full merger between Better Collective and Catena Media on the horizon? This power play in the digital gaming world has everyone talking! 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