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Catena Media shares soar on record second quarter performance

20th July 2020 10:45 am GMT

Stockholm-listed iGaming affiliate Catena Media expects to post record revenue and profit for the second quarter of 2020, despite the impact of COVID-19 on the sports betting segment.

The company said Monday that it expects second quarter revenue to be 17 per cent ahead of the same period last year at a record high of €27.7m, driven by growth in the casino segment, with both AskGamblers and the Japanese business enjoying record revenue performances.

Catena Media’s US [...]

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