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Catena Media revenue declines 49% in first quarter

8th May 2024 9:53 am GMT
Catena Media

Stockholm-listed iGaming affiliate Catena Media has reported a 49 per cent fall in revenue from continuing operations to €16.0 million for the first quarter of 2024, as revenue in North America halved.

The year-on-year revenue decline was due to a 50 per cent decline in North America revenue to €14.3 million, as new depositing customers (NDCs) fell by 41 per cent to 44,077.

Revenue from Sports declined by 68 per cent to €6.1 million in the first [...]

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