The board of XLMedia has announced that Caroline Ackroyd has notified the board of her intention to resign as Chief Financial Officer (CFO) of the London AIM iGaming media publisher. Updating investors, XLMedia informed that Ackroyd will maintain CFO duties until 31 March 2024 to assist the executive leadership team with an orderly transition. Ackroyd has served as XLMedia’s CFO …
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Although XLMedia (XLM) revenue fell during H1 2023 the group closed the quarter with a significantly higher profit than last year despite noticeable declines in revenue. The affiliate and media publisher, listed on the London AIM exchange and active in Europe and the US, more or less confirmed the figures projected in a trading update back in July. Overall group-wide …
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Rivalry Corp has launched its esports same-game parlay product, allowing users to combine multiple bets within a single esports match for a higher potential payout. The sports betting and media company has detailed that the new product feature – known as ‘Same Game Combos’ on Rivalry – is available for top League of Legends, Counter-Strike, and Dota 2 esports matches. …
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XLMedia Plc has informed investors that it has closed the sale of three of its European igaming properties and related domains. The European properties sold are listed as Casino.se, Casino.gr and Casino.pt and have generated a total cash consideration of $4m (€3.5m). The London AIM media publisher cited that the deal represented “4.7x multiple on revenue” of the sold assets. …
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Momentum in the US last year provided XLMedia (XLM) a ‘solid start’ to 2023, the company has asserted to its AIM investors, having achieved broad growth amid a business-wide restructuring. The London-headquartered betting and gaming publisher reported that, having launched operations in 19 US states, revenue from ‘continuing operations’ has risen 24% to $71.8m ($57.8m) in 2022. However, XLM was …
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The board of London AIM media firm XLMedia Plc has disclosed that it is exploring options to sell all assets its finance unit holds. The sale of finance and FX domains forms part of XLMedia’s ongoing business reorganisation, in which the company aims to refocus on the growth of its sports betting and igaming content. XLMedia communicated: “These actions reflect …
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XLMedia Plc has appointed Karen Tyrrell as the company’s new Chief People and Operations Officer, overseeing the culture and talent development resources of the London AIM-listed affiliate media publisher. Tyrrell joins XLMedia’s executive management team from Flutter Entertainment Plc, where she most recently served as Interim CPO of the FTSE100 global gambling group. A 15-year industry executive, Tyrrell has previously …
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The board of XLMedia Plc has confirmed the appointment of David King as inbound Chief Executive of the London AIM-listed global igaming media publisher. Effective from 1 July 2022, the appointment will see King succeed Stuart Simms, who announced his resignation as CEO of XLMedia in April. A UK media figurehead, King is the former Chief Executive of JPIMedia Group, …
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