AskGamblers Sale May Prop Up Catena’s Restructuring Efforts
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.