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Is the iGaming industry facing layoffs? Catena Media's first-quarter layoffs shake the industry.

Is the iGaming industry facing layoffs? Catena Media's first-quarter layoffs shake the industry.

After Catena Media confirmed further layoffs in the first quarter, Imogen Goodman delved into the real reasons behind the massive layoffs in Gibraltar and Malta, two industry hubs.iGaming Industry Layoff WaveIn early May, the iGaming NEXT conference held in Valletta was particularly lively, with lon

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MetaBet and Catena Media Renew Partnership Agreement to Enhance Sports Betting Engagement

MetaBet and Catena Media Renew Partnership Agreement to Enhance Sports Betting Engagement

MetaBet and Catena Media announce the renewal of their partnership, both companies are committed to improving the interaction between sports fans and betting content.According to the "Macau Daily", the agreement continues the cooperation between the two parties, at that time online sports betting wa

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Catena Media Releases Annual 2024 Report, Highlights Transformation

Catena Media Releases Annual 2024 Report, Highlights Transformation

Catena Media Releases Annual 2024 Report, Highlights TransformationThe leading affiliation marketing services provider, powering online betting and casino operators across the globe, Catena Media, published its 2024 annual report. Released on Wednesday this week, the report highlighted a number of c

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Catena Media Posts Weak 2024 Results, Remains Confident in Its Strategy

Catena Media Posts Weak 2024 Results, Remains Confident in Its Strategy

Catena Media Posts Weak 2024 Results, Remains Confident in Its StrategyAffiliate powerhouse Catena Media has published its year-end report for the period January-December 2024. Despite a noticeable decline in revenue, the company remains confident that its business strategy will soon pay off.Optimiz

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Daily Racing Form partners with Catena Media

Daily Racing Form partners with Catena Media

Daily Racing Form (DRF), which provides data and editorial coverage to sports and horseracing enthusiasts in North America, has entered an exclusive affiliate partnership with Catena Media. This collaboration aims to elevate the handicapping experience by delivering high-quality sports betting co

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Everi stockholders approve acquisition by Apollo Global affiliates

Everi stockholders approve acquisition by Apollo Global affiliates

Catena Media suffered a revenue dip for the third quarter, with North America continuing to be the most prevalent source of profit for the group.Overall, revenue for the group decreased by 33% to €10.7m, whilst revenue from North America dropped by 29% to €19.5m.As well as this, there was also a sli

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Catena Media expects a 33% decrease in revenue to 10.7 million euros for the third quarter, marking a challenging nine months for the company.

Catena Media expects a 33% decrease in revenue to 10.7 million euros for the third quarter, marking a challenging nine months for the company.

Catena Media released its third-quarter results and the performance from January to September, highlighting a challenging 2024. Third Quarter of 2024 Catena Media's revenue for the third quarter was 10.7 million euros (11.5 million USD), a 33% decrease year-over-year, with North American revenue fal

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Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials

Catena Media Considers Additional Cost-Cutting amid Rough Q3 Financials

Catena Media Considers Additional Cost-Cutting amid Rough Q3 FinancialsCatena Media is eyeing new cost-cutting measures after challenging third-quarter results in 2024. The Malta-based company, specializing in digital marketing for the online gambling sector, saw its quarterly revenues dip by one-th

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AC Milan appoints SPRIBE’s Aviator as Official Crash Game

AC Milan appoints SPRIBE’s Aviator as Official Crash Game

Catena Media has announced it will be laying off 29 employees in advance of the Q3 trading call in an attempt to “streamline and rightsize” the content and marketing teams.Looking ahead to the call on 7 November, the affiliate booked a non-cash impairment charge of €40m.Catena cited the authorising

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Catena looks to overturn Q3 challenges with ‘streamlined’ strategy

Catena looks to overturn Q3 challenges with ‘streamlined’ strategy

Catena Media has announced it will be laying off 29 employees in advance of the Q3 trading call in an attempt to “streamline and rightsize” the content and marketing teams.Looking ahead to the call on 7 November, the affiliate booked a non-cash impairment charge of €40m.Catena cited the authorising

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"Emotional Day": Better Collective CEO Announces Layoffs After Stock Price Plummets

"Emotional Day": Better Collective CEO Announces Layoffs After Stock Price Plummets

Better Collective co-founder and CEO Jesper Søgaard announced a plan to "adjust" the organization's cost base, including layoffs, in a touching social media post on LinkedIn.Better Collective is considered a "super affiliate" and has been a leader in the affiliate space for years, especially after l

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Catena announces content and marketing redundancies ahead of Q3 call  

Catena announces content and marketing redundancies ahead of Q3 call  

Shape Games has formed a long-term agreement with one of the largest tribal operators in the US, the Choctaw Nation of Oklahoma.The deal will bolster Choctaw Nation’s gaming and hospitality venues across Oklahoma with Shape Games’ range of front-end solutions, including customer engagement solutions

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Catena Media Sheds 29 Jobs as It Seeks to Save $2.40M Per Year

Catena Media Sheds 29 Jobs as It Seeks to Save $2.40M Per Year

Catena Media Sheds 29 Jobs as It Seeks to Save $2.40M Per YearCatena Media has announced that it is letting go of 29 of its employees in a move that is meant to boost the company’s financials and also shed redundancies.Catena Media Drops 29 Content Team Members as It “Flattens” StructureAccording to

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