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📺 Weekly News: Catena Media cuts jobs, XLMedia sells off assets
Manage episode 447422807 series 2850165
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This week on NEXT.io Weekly News, we cover significant shifts in the iGaming business landscape. Catena Media is reducing its workforce in response to an expected revenue drop, signaling a strategic adjustment to its operational focus.
Meanwhile, XLMedia has announced the sale of its remaining assets to Sportradar, marking a pivotal move in its ongoing restructuring efforts.
🗞 Read the full stories here:
- XLMedia to sell remaining assets to Sportradar in $30m deal
https://next.io/news/investment/xlmedia-to-sell-remaining-assets-to-sportradar/
- Catena Media cuts jobs, expects revenue to drop at least 30% in Q3
https://next.io/news/people/catena-media-cuts-jobs-expects-revenue-drop/
Social betting firm Dabble mulls Nasdaq or ASX IPO
Hang out with Conor Mulheir and Nico Jansen on our Weekly News live stream, every Thursday at 3 PM CET across all our social media channels. We’ll dive into the freshest iGaming news and explore the most captivating stories of the week. Be cool, be curious, be in the know! _____ This episode is brought to you by: Playson: https://playson.com/ Sponsored by: Hub88.io: https://hub88.io/
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