Catena Media gets a boost in the Swedish market

15 Feb 2017

Catena MediaCatena Media tries to expand their business more and more and they made another significant movement towards this direction. They have agreed to acquire Swedish online casino portal Slotsia.com for a maximum consideration of €5 million. The previous days the investors of the company were updated, and Catena’s governance told that this acquisition has as an aim to get powerfully on the Swedish market and it had paid €3.5 million cash upfront to acquire Slotsia.com and all its related assets. Moreover, Catena governance has enhanced the deal to a total amount of €5 million by attaching a two-year performance related enhancement.

Catena’s CEO, Mr Robert Andersson commented about the deal that was done between the two sides: «Slotsia.com would form an integral part to the firm’s growing gaming/betting affiliate marketing portfolio, as Catena seeks to become the outright market leader in industry player acquisition.». Nonetheless, the next few years will be very critical about Catena’s move, but for sure they have done well until now in extending and expanding their portfolio.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

STS, the biggest Polish bookmaker, has taken its development one step further by taking over BetSys, the software provider that was already its main I...

Read more »

Betwinner has announced that it has signed an exclusive deal with Brazilian football legend Roberto Carlos, which appoints him as the brand’s ambassad...

Read more »

The Norwegian Ministry of Culture is considering unifying the country’s gambling laws under a new piece of legislation. This means that the Lott...

Read more »

The Cypriot government is determined to amend the nation’s sports betting law in order to benefit the development of all-levels of Cypriot football. M...

Read more »

Betzest has announced a brand new partnership with the paramount payment provider Youpaycoin for both its online sportsbook and casino platforms. Youp...

Read more »

Bethard Group Limited has announced that it will cease its operations in the UK gambling market as of July 6, 2020. The Malta-based operator informed ...

Read more »

GVC Holdings PLC, the owner of Bwin, has been readmitted to the FTSE 100 and 888 Holdings PLC, the owner of 888sport, has entered into the FTSE 250 In...

Read more »

Visa cards could soon be banned from online casinos that operate in the German market due to illegal gambling transactions that reportedly take place....

Read more »

The Swedish gambling regulator, Spelinspektionen, has submitted new regulatory changes for football betting to the National Board of Trade, aiming at ...

Read more »

Norsk Bransjeforening for Onlinespill (NBO), simply known as the Norwegian Industry Association for Online Gaming, has requested the national authorit...

Read more »