AskGamblers Sale May Prop Up Catena’s Restructuring Efforts

Author: Live Casino Direct
 
Wild Casino

AskGamblers.com, Catena Media's online gambling player community portal, may be sold. Catana Media is restructuring its business and wants to focus on its USA division.

AskGamblers was established in 2006 and has over 400,000 registered users. It offers user reviews of gambling platforms, player-driven casino rankings, podcasts and educational materials. The website has added features like Casino Complaint assistance service and AG Coin casino bonus.

Catena is selling AskGamblers to one of the interested parties for an undisclosed sum. The offer is substantially less than Catena's initial estimations. Shareholders are expecting a much greater return from such a successful and internationally recognized brand.

Catena is planning to sell AskGamblers as part of its restructuring efforts. The sale of Ask Gamblers may help Catena regain some of the momentum.

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Catena poised to close AskGamblers sale Tuesday 22 November 2022 - 8:30 am Catena Media is soon to close its sale of AskGamblers, having moved forward with a prospective buyer, iGB understands. Catena launched a strategic review in May, saying pa...

Catena poised to close AskGamblers sale
Tuesday 22 November 2022 - 8:30 am


Catena Media is soon to close its sale of AskGamblers, having moved forward with a prospective buyer, iGB understands.

Catena launched a strategic review in May, saying pa...
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@betcompanies

Catena nears end of strategic review with European layoffs complete Friday 18 November 2022 - 10:28 am Affiliate giant Catena Media has revealed that it is nearing the end of its strategic review, confirming it has laid off 25% of its European sta...

Catena nears end of strategic review with European layoffs complete
Friday 18 November 2022 - 10:28 am


Affiliate giant Catena Media has revealed that it is nearing the end of its strategic review, confirming it has laid off 25% of its European sta...
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Catena Media is to redouble a focus on the "highly promising" Latin America, as well as further north, with a strategic review nearing completion "amid significant interest from multiple parties".