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Catena Media shares slump as Q1 revenue declines 5%

17th May 2023 11:19 am GMT
Catena Media

Catena Media struggled for growth in the first quarter of 2023 as revenue fell by 5 per cent to €35.0 million, with revenue from North America declining 2 per cent.

North America revenue fell to €28.9m in Q1 due to challenging comparatives from the record New York launch last January and the go-live in Louisiana.

This was partially offset by strong player participation in Ohio following the opening of the market earlier this year - Catena Media’s [...]

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