igbaffiliate . com
Get involved Tag us @ iGB-Affiliate
21
Chart 12 : Catena Media NDCs Q222-Q124
180,000
160,000
140,000
120,000
100,000
80,000
60,000
40,000
20,000
0
135,812
116,748
84,651
113,294
49,770
45,000
32,000
44,077
Q222 Q322 Q422 Q123 Q223 Q323 Q423 Q124
Source : company reports
number is a fraction of the total sweepstakes . Recall , from the Catena Media was bringing in even latter category , Chumba Casino , just two years ago , it could be said the acknowledged leader in the that it has hit bottom and returned space , has been a long-standing to growth , albeit from lower levels . client of Catena . “ This burgeoning
Gerrow also suggested that sub-segment is capitalising on the Catena was seeing growth slower than originally expected in both social casino and regulated casino launches in the various states , giving us an opportunity for continued growth ,” Gerrow added .
MITIGATION
Of course , the reason why the sweepstakes sector is appealing , not just to Catena Media but to others both within and outside the affiliate space , is the slow progress being made on legislation on further state-by-state openings for both sports betting and in particular online casino in the US .
“ The number of state and provincial launches in North America have decreased in each of the past three years with only four launches in 2023 and two launches in the first quarter of this year ,” noted Cadena . “ Each of the six […] have been for sports and none for casino .”
June 2024