A top digital sports wagering and gaming associate, Catena Media, is strengthening its German market position by purchasing Dreamworx Online. The agreement, worth €9.5 million, gives Catena ownership of a website collection that includes well-known sites such as Sportwettenanbieter.com and Fussballwetten.info. This calculated action is anticipated to bring in substantial income for Catena, with projected quarterly profits of €600,000 and a remarkable profit margin. This purchase comes at an ideal moment, just before the 2018 FIFA World Cup, putting Catena in a position for significant expansion in the German market. This acquisition is consistent with Catena’s pattern of strategic growth, mirroring their purchase of Baybets in December 2017, and further solidifying their leading position in the online gaming affiliate sector.
Catena Media Acquires Dreamworx Online to Strengthen German Market Presence
By Sophia "Siren" Wilson
Jun16,2024
By Sophia "Siren" Wilson
Holding a Ph.D. in Statistics and a Master's in Data Science, this author is well-versed in the application of advanced statistical techniques to casino gaming. They have extensive experience in machine learning, predictive modeling, and data visualization, which they use to uncover insights and patterns in casino data. Their articles and reviews provide readers with data-driven analysis and recommendations, helping them navigate the complex world of online gambling.
admin