Brief: Catena Media Sees Flow Of New State Launches In North America To Slow For Remainder Of Year

Catena Media

17/05/2023 06:04

May 17 (Reuters) - Catena Media PLC  CATME.ST :
    * HIGHER PROFITABILITY IN EUROPE AND STABLE REVENUE IN NORTH
AMERICA HELPED BY OHIO LAUNCH
    * EXPECTED, YEAR-ON-YEAR GROUP REVENUE DECREASED SLIGHTLY
DUE TO
CHALLENGING COMPARATIVES
    * WE FORESEE THAT FLOW OF NEW STATE LAUNCHES IN NORTH
AMERICA WILL
SLOW FOR REMAINDER OF THIS YEAR AND LIKELY ALSO IN 2024
    * WE EXPECT STATE OPENINGS TO RESUME, AND PERHAPS EVEN
ACCELERATE,
ONCE A NEW LEGISLATIVE CYCLE STARTS IN 2025.

Source text for Eikon:  ID:nWkr4rvd5c 
Further company coverage:  CATME.ST 

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