Catena Media promotes Edward Midolo to CTO
As part of its ongoing organizational changes, Catena Media has announced the promotion of Edward Midolo to Chief Technology Officer.Following Michael Gerrow's...
Online sportsbooks in Michigan report $4bln GGR
PlayMichigan, owned by Catena Media, reports that Michigan’s live sportsbooks drew around $4bln GGR in wagering throughout 2021.
State casinos secured over $500mln in sports wagering for the 2nd successive month and over $120mln GGR in live casino. Based on PlayMichigan’s report, Michigan is the third state after NJ and Pennsylvania that generate over $1bln GGR per year.
According to the Gaming Control Board of Michigan, mobile sports wagering in Michigan hit $485 million only throughout December. As for total gambling, the GGR in December reached $35mln.
DraftKings is leading the list of operators with its GGR of $120mln in live gambling.
PlayMichigan.com Network’s Lead analyst Matt Schoch remarked:
“December was a lucky month for Michigan’s online casinos after the huge impression of the its performance in the Big Ten Soccer Championship and semifinal of the College Football Playoff.”
The analyst at PlayUSA.com, Eric Ramsey, mentioned:
“It’s impressive to see how Michigan reached $1 billion GGR in the very first year. It’s worth mentioning that mobile sportsbooks and live wagering are new for the bettors within Michigan”.
Michael Gerrow: Catena Media’s new CFO
Michael Gerrow has been appointed as Catena Media's new Group Chief Financial Officer.Gerrow takes on his new responsibilities on the fifteenth of April of this year.
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