{"id":97,"date":"2024-06-14T03:03:14","date_gmt":"2024-06-14T00:03:14","guid":{"rendered":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/"},"modified":"2024-06-17T13:16:04","modified_gmt":"2024-06-17T10:16:04","slug":"catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal","status":"publish","type":"post","link":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/","title":{"rendered":"Catena Media Acquires German Sportsbook Baybets in \u20ac26.5 Million Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/URVKfQKYUvQ\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A Malta-based gaming company, Catena Media, is making a significant play in the sports wagering arena by purchasing Baybets Ltd., a German sportsbook, for a substantial \u20ac26.5 million.<\/p>\n<p>The agreement consists of an initial payment of \u20ac13.25 million in cash and an equivalent amount in newly minted Catena Media stock. However, there&#8217;s more! Contingent on Baybets&#8217; performance over the subsequent two years, Catena Media might disburse an extra \u20ac6.5 million, potentially elevating the total sum to a considerable \u20ac33 million.<\/p>\n<p>What is Catena Media receiving in return for its investment? Baybets is no minor player, generating an estimated \u20ac22.5 million in quarterly revenue with a healthy 70% profit margin. This acquisition is poised to bolster Catena&#8217;s current sports betting segment, with all 23 Baybets staff members joining the ranks.<\/p>\n<p>Henrik Persson Ekdahl, Catena Media&#8217;s interim CEO, is evidently enthusiastic about the transaction, referring to it as their most substantial acquisition to date and a crucial stride towards becoming a leading power in the sports wagering sector. With the Winter Olympics and the FIFA World Cup approaching in 2018, the timing couldn&#8217;t be more opportune for Catena Media to intensify its sports betting aspirations. <\/p>\n<p>A German sports betting partner, Baybets, has been purchased by Catena Media.  The company manages more than 50 webpages, with major sites like sportwetten.org and sportwette.net, concentrating on the German-speaking (DACH) area.<\/p>\n<p>Baybets CEO, Jan Steffen, thanked the staff for their role in the company&#8217;s achievements and conveyed his excitement about the merger, saying, &#8220;We anticipate a lasting collaboration with Catena Media, enabling us to grow further operationally and as investors. We are thrilled about the possibilities this presents.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Malta-based gaming company, Catena Media, is making a significant play in the sports wagering arena by purchasing Baybets Ltd., a German sportsbook, for a substantial \u20ac26.5 million. The agreement consists of an initial payment of \u20ac13.25 million in cash and an equivalent amount in newly minted Catena Media stock. However, there&#8217;s more! Contingent on [&hellip;]<\/p>\n","protected":false},"author":77,"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>Catena Media Places Big Bet: Acquires German Sportsbook Baybets<\/title>\n<meta name=\"description\" content=\"Catena Media dives into the German sports betting market with a \u20ac26.5 million splash, acquiring Baybets Ltd. Find out why this deal could be a game-changer!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Catena Media Acquires German Sportsbook Baybets in \u20ac26.5 Million Deal\" \/>\n<meta property=\"og:description\" content=\"Catena Media dives into the German sports betting market with a \u20ac26.5 million splash, acquiring Baybets Ltd. Find out why this deal could be a game-changer!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T00:03:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:16:04+00:00\" \/>\n<meta name=\"author\" content=\"Piper &quot;Phoenix&quot; Guthrie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piper &quot;Phoenix&quot; Guthrie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/\",\"url\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/\",\"name\":\"Catena Media Places Big Bet: Acquires German Sportsbook Baybets\",\"isPartOf\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-14T00:03:14+00:00\",\"dateModified\":\"2024-06-17T10:16:04+00:00\",\"author\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/a2197087652eee07d78d73577679b37e\"},\"description\":\"Catena Media dives into the German sports betting market with a \u20ac26.5 million splash, acquiring Baybets Ltd. Find out why this deal could be a game-changer!\",\"breadcrumb\":{\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/america777nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Catena Media Acquires German Sportsbook Baybets in \u20ac26.5 Million Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#website\",\"url\":\"https:\/\/america777nodepositbonus.icu\/\",\"name\":\"Your Source for Expert Casino Insights &amp; Licensed Gaming News\",\"description\":\"Indulge in the best of licensed online gambling with our regularly updated news, honest reviews, and expert articles. Our platform is your trusted gaming partner.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/america777nodepositbonus.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/a2197087652eee07d78d73577679b37e\",\"name\":\"Piper \\\"Phoenix\\\" Guthrie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/america777nodepositbonus.icu\/wp-content\/uploads\/sites\/81\/2024\/06\/woman-avatar-96x96.png\",\"contentUrl\":\"https:\/\/america777nodepositbonus.icu\/wp-content\/uploads\/sites\/81\/2024\/06\/woman-avatar-96x96.png\",\"caption\":\"Piper \\\"Phoenix\\\" Guthrie\"},\"description\":\"Holding a Bachelor's degree in Mathematics and a Master's in Journalism, this skilled author has a passion for using mathematical concepts and investigative reporting techniques to uncover the hidden stories and patterns behind the casino industry. They have expertise in data journalism, financial mathematics, and investigative journalism, which they apply to the analysis of the financial and social impact of gambling and the development of strategies to promote transparency and accountability in casino operations. Their articles and reviews provide readers with an investigative perspective on the casino industry and the strategies used to expose and address issues of corruption, exploitation, and inequality.\",\"url\":\"https:\/\/america777nodepositbonus.icu\/author\/cxvbncbgjdhfsrtiy132514\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Catena Media Places Big Bet: Acquires German Sportsbook Baybets","description":"Catena Media dives into the German sports betting market with a \u20ac26.5 million splash, acquiring Baybets Ltd. Find out why this deal could be a game-changer!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/","og_locale":"en_GB","og_type":"article","og_title":"Catena Media Acquires German Sportsbook Baybets in \u20ac26.5 Million Deal","og_description":"Catena Media dives into the German sports betting market with a \u20ac26.5 million splash, acquiring Baybets Ltd. Find out why this deal could be a game-changer!","og_url":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/","og_site_name":"Your Source for Expert Casino Insights &amp; Licensed Gaming News","article_published_time":"2024-06-14T00:03:14+00:00","article_modified_time":"2024-06-17T10:16:04+00:00","author":"Piper \"Phoenix\" Guthrie","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Piper \"Phoenix\" Guthrie","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/","url":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/","name":"Catena Media Places Big Bet: Acquires German Sportsbook Baybets","isPartOf":{"@id":"https:\/\/america777nodepositbonus.icu\/#website"},"datePublished":"2024-06-14T00:03:14+00:00","dateModified":"2024-06-17T10:16:04+00:00","author":{"@id":"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/a2197087652eee07d78d73577679b37e"},"description":"Catena Media dives into the German sports betting market with a \u20ac26.5 million splash, acquiring Baybets Ltd. Find out why this deal could be a game-changer!","breadcrumb":{"@id":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/america777nodepositbonus.icu\/2024\/06\/14\/catena-media-acquires-german-sportsbook-baybets-in-e26-5-million-deal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/america777nodepositbonus.icu\/"},{"@type":"ListItem","position":2,"name":"Catena Media Acquires German Sportsbook Baybets in \u20ac26.5 Million Deal"}]},{"@type":"WebSite","@id":"https:\/\/america777nodepositbonus.icu\/#website","url":"https:\/\/america777nodepositbonus.icu\/","name":"Your Source for Expert Casino Insights &amp; Licensed Gaming News","description":"Indulge in the best of licensed online gambling with our regularly updated news, honest reviews, and expert articles. Our platform is your trusted gaming partner.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/america777nodepositbonus.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/a2197087652eee07d78d73577679b37e","name":"Piper \"Phoenix\" Guthrie","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/america777nodepositbonus.icu\/#\/schema\/person\/image\/","url":"https:\/\/america777nodepositbonus.icu\/wp-content\/uploads\/sites\/81\/2024\/06\/woman-avatar-96x96.png","contentUrl":"https:\/\/america777nodepositbonus.icu\/wp-content\/uploads\/sites\/81\/2024\/06\/woman-avatar-96x96.png","caption":"Piper \"Phoenix\" Guthrie"},"description":"Holding a Bachelor's degree in Mathematics and a Master's in Journalism, this skilled author has a passion for using mathematical concepts and investigative reporting techniques to uncover the hidden stories and patterns behind the casino industry. They have expertise in data journalism, financial mathematics, and investigative journalism, which they apply to the analysis of the financial and social impact of gambling and the development of strategies to promote transparency and accountability in casino operations. Their articles and reviews provide readers with an investigative perspective on the casino industry and the strategies used to expose and address issues of corruption, exploitation, and inequality.","url":"https:\/\/america777nodepositbonus.icu\/author\/cxvbncbgjdhfsrtiy132514\/"}]}},"_links":{"self":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/97"}],"collection":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/comments?post=97"}],"version-history":[{"count":1,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/97\/revisions"}],"predecessor-version":[{"id":120,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/posts\/97\/revisions\/120"}],"wp:attachment":[{"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/media?parent=97"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/categories?post=97"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/america777nodepositbonus.icu\/wp-json\/wp\/v2\/tags?post=97"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}