Revenue for Catena Media increased by 31 per cent in North America in Q4, led by the launch of licensed online sports betting in Maryland.
Total group revenue from continuing operations rose 15 per cent. The strategic review concluded with the sale of AskGamblers and related brands for €45m, streamlining the business to focus on high-growth and regulated markets in North America.
Ninety per cent of group revenue now derives from regulated markets, reflecting the group’s commitment to compliance.
In January, revenue from North America rose 19 per cent when excluding the exceptional 2022 launches in New York and Louisiana and the 2023 Ohio launch.
In total, group revenue from continuing operations decreased by four per cent, an expected outcome after the record launches last year when North American revenue increased by almost 65 per cent from January 2021.
