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American Gaming Association urges tighter oversight of sweepstakes casinos

Regulation

The American Gaming Association called for more regulation of sweepstakes casinos, arguing that their dual-currency model can avoid licensing and oversight. It said the model raises consumer-protection and market-integrity concerns; Catena Media chief executive Manuel Stan described sweepstakes as a fast-growing vertical for the company.

The AGA’s call for regulation highlights consumer-protection and market-integrity concerns for sweepstakes operators and their suppliers.

End-of-day close Catena Media (CTM), SEK, to 4 October 2024
Story date8 July 20244 October 2024

Latest reported results

Catena Media Nasdaq Stockholm: CTM

Quarter ended 30 June 2026

Revenue
EUR 9.5m
Operating income
EUR 313,000.00

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Deals & M&A

Catena Media invests in Collectbase’s Repackz collectibles platform

Catena Media made a strategic investment in Repackz, a collectibles platform owned by Collectbase, and in Collectibles.com. Catena Media said the investment, its first through Catena Growth Ventures, includes a commercial arrangement to introduce Repackz to operators and publishers in its network; no investment amount was disclosed.

Catena Media has made a strategic investment in Repackz, a business-to-business collectibles platform owned by California-headquartered Collectbase, the company said. The deal also includes Collectibles.com, a community and application that collectors use to organise, manage, value and share their collections. Catena Media did not disclose the amount invested.

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