{"id":145,"date":"2024-06-16T08:15:22","date_gmt":"2024-06-16T05:15:22","guid":{"rendered":"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/16\/catena-media-rides-igaming-wave-to-record-revenue-growth-in-first-half-of-2020\/"},"modified":"2024-06-17T12:56:06","modified_gmt":"2024-06-17T09:56:06","slug":"catena-media-rides-igaming-wave-to-record-revenue-growth-in-first-half-of-2020","status":"publish","type":"post","link":"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/16\/catena-media-rides-igaming-wave-to-record-revenue-growth-in-first-half-of-2020\/","title":{"rendered":"Catena Media Rides iGaming Wave to Record Revenue Growth in First Half of 2020"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/0cI1dB_wkNE\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Catena Media, a digital marketing firm specializing in iGaming, reported a revenue surge of 9% for the initial six months of 2020, reaching \u20ac54.5 million (approximately $65 million). This expansion was primarily fueled by a robust second quarter, during which revenue leaped by 17%. <\/p>\n<p>This second-quarter surge can be linked to the worldwide shift toward digital platforms amid the pandemic. As brick-and-mortar gambling establishments faced challenges, their online equivalents flourished as stay-at-home orders and limitations kept individuals indoors. Catena Media, with its concentration on internet-based gambling, capitalized on this pattern, witnessing its Q2 revenue outpace even Q1. <\/p>\n<p>The company&#8217;s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) mirrored this favorable expansion, rising by 34% to \u20ac27.7 million for the first half of the year. Q2 displayed an even more remarkable increase of 56%, hitting \u20ac14.8 million. <\/p>\n<p>Catena Media&#8217;s Chief Executive Officer, Per Hellberg, emphasized the company&#8217;s unprecedented quarter, crediting the achievement to organic search revenue and overall revenue escalation. Nevertheless, despite the optimistic earnings announcement, the company&#8217;s share value encountered a decline, potentially signaling market volatility or investor apprehension. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Catena Media, a digital marketing firm specializing in iGaming, reported a revenue surge of 9%&hellip;<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>iGaming Booms: Catena Media Reports 9% Revenue Surge<\/title>\n<meta name=\"description\" content=\"Catena Media, a leading digital marketing firm in the iGaming sector, saw its revenue jump by 9% in the first half of 2020. 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