Traded as Nasdaq Stockholm: CTM Website catenamedia.com Founded 2012 Type Public company | Industry Gambling Net income 10.16 million EUR (2015) Number of employees 190 | |
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Key people Erik Bergman, Emil Thidell (founders), Kathryn Moore Baker (Chairman) Claes Wenthzel (CFO) Subsidiaries Catena Operations Limited, Spelbloggare.se, ZeroCorp Ltd., Catena Media UK Limited | ||
Catena media corporate
Catena Media is a performance marketing company based in Sliema, Malta. The company was founded in 2012 and employs 190 people in Malta, the United Kingdom and Serbia.
Contents
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History
In 2008, childhood friends Erik Bergman and Emil Thidell started a web consultancy agency. For the first two years, the business operated from Thidell’s parents’ basement, but in October 2010, the pair decided to move to Malta. In 2012, they established Catena Media, with a focus on lead generation for online gambling operators.
In 2013, Catena Media began rapidly expanding, entering the Norwegian and Finnish markets in addition to Sweden where its sole focus had lain. In October 2014, the company completed its first acquisition, with the company Finix Invest, and in 2015 acquired eight more companies in the UK, Netherlands and Belgium. The number of company employees reached 50 by the end of 2015.
The company was publicly listed on Nasdaq Stockholm First North Premier in February 2016 with the ticker symbol CTM.
In April 2016 Catena acquired the website AskGamblers.com for €15 million (US$17.1 million).
In late 2016 the company acquired two British websites - SBAT.com, a sports statistics and betting tips website, for €13 million and CasinoUK.com, for US$13.38 million.
AskGamblers.com
AskGamblers is one of Catena’s largest websites, and one of its key features is its player complaints resolution service. Players lodge disputes with the website, which then gives the relevant operator an opportunity to respond. More than 1,600 cases have been processed and 66.5% of them have been successfully resolved, resulting in $5.3 million in delayed, unfairly confiscated and otherwise unpaid money that has been returned to players in total.