{"id":193,"date":"2024-06-17T15:38:59","date_gmt":"2024-06-17T12:38:59","guid":{"rendered":"https:\/\/digits7promocode2024.icu\/2024\/06\/17\/better-collective-acquires-significant-stake-in-catena-media\/"},"modified":"2024-06-20T17:05:55","modified_gmt":"2024-06-20T14:05:55","slug":"better-collective-acquires-significant-stake-in-catena-media","status":"publish","type":"post","link":"https:\/\/digits7promocode2024.icu\/2024\/06\/17\/better-collective-acquires-significant-stake-in-catena-media\/","title":{"rendered":"Better Collective Acquires Significant Stake in Catena Media"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/fPmHSMCKjp4\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The iGaming affiliate powerhouse Better Collective has obtained a substantial shareholding in rival firm Catena Media, surpassing the 5% threshold. This action echoes a recent strategic maneuver in the sector where Allwyn, following an intense contest for the United Kingdom&#8217;s fourth National Lottery concession, procured its competitor Camelot.<\/p>\n<p>Although a complete amalgamation of Better Collective and Catena Media is not assured, this acquisition suggests a possible alliance. Both entities are already regarded as industry leaders, having integrated numerous smaller affiliates and solidifying their presence in the flourishing US digital gaming market.<\/p>\n<p>Catena Media, nonetheless, has experienced more prosperous times. Their latest difficulties prompted a strategic evaluation and the choice to divest their prized possession, AskGamblers, to Gaming Innovation Group (GiG).  Their share value, which twelve months ago reached 53.68 SEK ($5.15), has declined to 29.05 SEK, notwithstanding a minor recent rebound.<\/p>\n<p>Better Collective, recognizing a favorable opportunity, capitalized on the situation to secure a sizable portion of Catena Media, with the stake projected to be valued at a minimum of $10 million. <\/p>\n<p>The corporate branch is staying quiet, refusing to elaborate on the present circumstances.<\/p>\n<p>This follows just 24 hours after GiG completed its purchase of AskGamblers, an action causing widespread speculation throughout the sector regarding the collaboration of these two affiliate marketing giants. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The iGaming affiliate powerhouse Better Collective has obtained a substantial shareholding in rival firm Catena Media, surpassing the 5% threshold. This action echoes a recent strategic maneuver in the sector where Allwyn, following an intense contest for the United Kingdom&#8217;s fourth National Lottery concession, procured its competitor Camelot. Although a complete amalgamation of Better Collective [&hellip;]<\/p>\n","protected":false},"author":43,"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>Better Collective Invests in Catena Media: A Sign of iGaming Consolidation?<\/title>\n<meta name=\"description\" content=\"Is the iGaming world about to get a whole lot cozier? Better Collective\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/digits7promocode2024.icu\/2024\/06\/17\/better-collective-acquires-significant-stake-in-catena-media\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Better Collective Acquires Significant Stake in Catena Media\" \/>\n<meta property=\"og:description\" content=\"Is the iGaming world about to get a whole lot cozier? 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