Tag Archives: XLMedia (XLM)

Betting and gaming media publisher XLMedia (XLM) has entered into a partnership with safer gambling organisation Better Change. The agreement commences at the start of the UK’s Safer Gambling Week, a seven-day initiative focused on prompting responsible gaming across the country’s betting and gambling sector. Initially, the partnership will focus on XLM’s whichbingo.co.uk brand, with the wider arrangement encompassing delivery …

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 …

XLXLMedia (XLM) has been criticised by the Advertising Standards Authority (ASA) for breaching the CAP Code but also failing to respond to its queries. The London-based betting affiliate group and media publisher’s freebetsdotcom brand uploaded an Instagram post featuring Chelsea footballer Mason Mount, which was seen between 11-12 July 2023. This was the subject of two complaints, which have subsequently …

XLMedia (XLM) has kept faith in its European and North American performance despite a slowdown in both revenue and EBITDA during H1 2023, although the media publisher stated that these results were in line with management expectations. Total revenue for the first half of the year fell by 34% from $44.5m in 2022 to $29.4m, whilst EBITDA also dropped by …

UK betting stakeholders bet365 and XLMedia (XLM) have signed a new partnership targeting North American expansion with a responsible gaming caveat. The revenue share agreement has set a goal of onboarding new customers in the burgeoning US betting and gaming space, whilst promoting responsible gaming practices and tools.  This will include leveraging collaborative content to promote understanding of safe gambling …

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 …

Having achieved broad success in 2022, XLMedia (XLM) expects its financial performance to fall in line with pre-close expectations, anticipating steady revenue growth of 9.7%. With its full year results for 2022 due for publication in March, the sports betting publishing company foresees revenue of $73.7m (2021: $66.5m) and Adjusted EBITDA of between $16.1m and $16.6m. A London AIM-registered business, …

Sportradar has signed its latest corporate partner, putting pen to paper on a multi-year contract with digital global betting media firm XLMedia (XLM). As official sports data provider of XLM, Sportradar will supply betting odds and insights, as XLM identifies an ‘increased demand’ for sports betting across its network of websites, in tandem with international growth.  Further caveats of the …

XLMedia (XLM) has moved to strengthen its senior leadership team following Christopher Bell’s decision to vacate as Chair, appointing Julie Markey in an interim role.  Markey steps into the position of interim Chair from her current role of non-executive Director of the Company and Chair of the remuneration committee, and will assume the responsibilities of the job whilst the company …

XLMedia (XLM) expects 2021 to be a year of successful trading ahead of the publishing of its trading results for the 12 months ending 31 December, driven by several sports acquisitions and partnerships.  Overall, the digital performance publishing group expects full year results to be ‘in line with expectations’ with revenue of $66.6 million (2020: $54.8 million) and adjusted EBITDA …