Catena Media completes sale of AskGamblers to Gaming Innovation Group
Catena Media plc today reports the successful completion of its sale of the AskGamblers business and associated global casino brands after receiving the first tranche payment of approximately EUR 22.3 million from the buyer, Gaming Innovation Group Inc. The transaction, which was announced on 15 December 2022, involves the sale of two wholly owned subsidiaries in Malta and Serbia that operate the AskGamblers brand and two associated online casino brands, JohnSlots and NewCasinos, for a total of EUR 45 million. The first tranche payment includes adjustments of approximately EUR 2.3