Catena Media revenue climbs 9% in Q2 despite casino segment decrease

US igaming revenue rise of 37% cannot prevent overall 1% casino downturn in second quarter as share price falls 12%

Catena Media has reported a 9% year-on-year revenue rise to €30.4m (£26m) for Q2 2021. Adjusted EBITDA for the period came in flat at 1% at €14.9m, corresponding to an adjusted EBITDA margin of 49%. New depositing customers (NDCs) totalled 140,025 in Q2 to mark an increase of 34%. “This outcome represents a notable achievement…

Affiliates | Catena Media | Finance | Michael Daly | Online casino | Q2 2021 | US | US sports betting