Higher profitability in Europe and stable revenue in North America helped by Ohio launch
Catena Media plc Interim Report January – March 2023 Highlights · Revenue decreased by 2 percent in North America in Q1 due to challenging comparatives from the record New York launch in January 2022. Total group revenue from continuing operations decreased by 5 percent. · Strong player participation in Ohio, which legalised online sports betting on 1 January 2023, delivered one of the group’s best ever US state launches. · A solid Super Bowl in February was followed by the successful launch of online sports betting in Massachusetts in March. · Positive revenue