The leading iGaming affiliate, Catena Media, announced an important senior-level appointment today. The company confirmed that its board of directors decided to appoint the seasoned executive, Sean Hurley, as non-executive director. Joining Catena, he fills in the role that was vacated by Per Widerström back in August this year. At the time, Widerström said that he decided to step down and take on the position of chief executive officer at 888 Holdings.

Catena confirmed that Hurley’s appointment to its board of directors will come into effect once the required regulatory filings with the Malta Business Registry are completed. The company revealed that the term of the new non-executive director would last through the end of its next annual general meeting. This requirement, Catena said, is in line with the Maltese Companies Act as well as the company’s articles of association.

Ahead of the appointment of the new non-executive director, Catena confirmed the divestment of its Italian assets earlier this month. At the time, the company revealed that the divestment of its casino and sports assets in Italy was completed in two details totaling $21.7 million. This achievement also marked the completion of its strategic review that sought to boost the company’s focus on markets across the Americas.

Hurley Is Thrilled to Join Catena’s Board of Directors

Becoming a part of the board of directors at Catena brought excitement for Hurley. He said that it is thrilling to join the company at such an important phase in its growth and development. Finally, Hurley explained: “I am delighted to have been asked to contribute my expertise as the company moves forward and further strengthens its position as a leading affiliate in North America.”

“Catena Media has entered an exciting new phase in its development and has a promising future ahead.“

Sean Hurley, non-executive director at Catena Media

As a seasoned expert, Hurley brings a wide range of skills and knowledge from the betting and gaming sectors. Overall, he spent more than 13 years within the vertical, proving himself as a leading advisor, experienced executive and investor. Throughout his extensive career within the sports betting, casino and social gaming sectors, Hurley held different important senior-level positions related to affiliate and business-to-consumer relations. He also held important positions related to the business-to-business sector.

Earlier this month, Catena posted its Q3 results, showing a revenue decrease of 28% year-over-year. Besides revenue, the company’s adjusted EBITDA from continuing operations halted at $3.4 million, representing a decrease of 65%.

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Sean Pattwell, executive director of the New Jersey Casino Reinvestment Development Authority, is rumored to be preparing to resign from his position. Sources told ROI-NJ, a news outlet covering events in New Jersey, that the director may depart from the authority very soon.

ROI-NJ was contacted by three separate people on the matter, all of whom preferred to remain anonymous because of the sensitive nature of the information.

According to the reports, Pattwell may leave by the end of the year, although none of the individuals who contacted ROI-NJ was able to provide an exact date. The people familiar with the matter couldn’t confirm what Pattwell would do next but noted that he would pursue other opportunities.

Pattwell joined the New Jersey Casino Reinvestment Development Authority on April 1 last year, replacing Matt Doherty, the authority’s previous executive director. Before joining the body, he served the insurance industry and spent some time as the co-CEO of Herbert L. Jamison. He is also the founding chair of Grosvenor Brokers.

According to the news outlet’s report, the people familiar with the matter have suggested that Pattwell may now return to the private sector. They also told ROI-NJ that the New Jersey Casino Reinvestment Development Authority is on the lookout for Pattwell’s successor.

At the moment, the authority is still discussing the matter and considering its options. ROI-NJ’s concluded that Pattwell’s successor will ultimately be appointed by Governor Phil Murphy.

New Jersey’s Casino Industry Remains Strong

Speaking of New Jersey, a recent report from the Division of Gaming Enforcement (DGE) highlighted the growth of the local casino industry. According to the regulator, the gambling revenue for October increased to $487.1 million, which represents a 9.3% year-on-year growth.

Year-to-date revenue was also strong, demonstrating the resilience and momentum of the local gambling sector. Casino gaming continued to be the main revenue stream and was responsible for almost half of the total revenue.

A week ago, the Garden State’s gambling regulator forced operators to return $77,000 to underage customers and self-excluded players.

In the meantime, New Jersey continues to discuss the future of smoking at Atlantic City’s casinos. Seeking to revisit old laws that exempt casinos from the indoor smoking prohibition, proponents of the ban claim that the smoke jeopardizes casino workers’ health. However, casino companies are wary of such a measure as they believe that it would undermine their profits.

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