Catena Media experienced a phenomenal third quarter, exceeding its own benchmarks with a 61% revenue increase compared to the previous year. This exceptional outcome, outlined in their recent financial statement, saw revenue soar to €17.26 million, considerably surpassing the €10.73 million generated during the corresponding period in 2016.

This remarkable quarter also observed a substantial 79% surge in first-time depositing clients. Catena Media effectively acquired 100,741 new patrons compared to 56,352 in the third quarter of 2016.

Their operational earnings for the third quarter of 2017 reached €7.57 million, a notable rise from the €4.65 million earned in 2016. Likewise, EBITDA underwent impressive expansion, ascending to €8.81 million from €4.93 million in the parallel timeframe last year.

Henrik Persson Ekdahl, Catena’s interim CEO, expressed his excitement, remarking, “Both casino and sports divisions performed admirably during the third quarter, and this positive trend appears poised to persist into the fourth quarter. We are fully prepared for the 2018 Winter Olympics and FIFA World Cup.” He continued, “We are optimistic and enthusiastic about the company’s strategic, operational, and financial achievements, and we are eager to embrace new opportunities.”

Showcasing their drive, Catena Media recently purchased PokerScout.com, a prominent online poker information and comparison platform, for $35 million. This calculated maneuver is particularly opportune given the flourishing online gaming sector in Pennsylvania, where recent laws have set the stage for a profitable industry.

In his concluding statements, Ekdahl expanded upon the strategy, noting that Catena Media projects consistent expansion in Pennsylvania and aims to be completely functional within approximately nine to twelve months. He highlighted the robustness of their web address holdings, which encompass valuable properties such as PlayUSA.com, PlayPennsylvania.com, and USPoker.com. Ekdahl posits that this enlargement will reinforce Catena Media’s standing within the American market, aligning seamlessly with the company’s ambitious development plan.