XLMedia on track as US sports betting expands
The company's North American coverage now runs across 15 states
Company
XLMedia PLC
LON:XLM
XLMedia PLC is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers. The group manages a portfolio of premium brands with a primary emphasis on sports and gaming in regulated markets.
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XLMedia says non-executive chair to leave
Bell provided key support throughout the restructuring of the business, a statement said
XLMedia appoints non-executive director from largest shareholder
Cédric Boireau's main job is at Premier Investissement, which owns 27.98% of XLMedia's shares
XL Media revenues get kicker from US sports
XL also announced the acquisition of BlueClaw for £1.8mln cash
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XLMedia acquires US college football websites
"Over the last twelve months, we have got to know the business very well and have been hugely impressed with their team, their systems and most importantly their market reach"
XLMedia eyes rise in interim revenues, earnings
Trading has been buoyed by consistent performance in the Personal Finance vertical, record organic growth in the European Sport vertical and a positive impact from the recently acquired US Sports vertical
XLMedia appoints chief information officer to reboot long-term technology roadmap
The appointment "is a key part of our continued commitment to become a more data driven business, build faster and more efficient operations and to forge closer links with our consumers," said CEO Stuart Simms
XLMedia expects strong revenue growth in 2021
Investment in the business transformation will hold back profit progression in the current year
XLMedia expects material improvement in revenues in 2021
"Over the last few months, the company completed two significant acquisitions in the US Sports market. This is a very positive and material step in rebalancing the group,"
XLMedia will now raise £24mln as share placing is significantly oversubscribed
"It is extremely pleasing to see the level of support received from both new and existing investors as part of this heavily oversubscribed fundraising,” said CEO Stuart Simms
XLMedia PLC to buy Sports Betting Dime, boosting presence in US sports betting market
The company said revenue in the current year had started strongly
XLMedia continues to target casino vertical
In a trading update, the digital marketing specialist said its was rationalising its portfolio which involved “significantly reducing the overall number of sites and upgrading the quality of those remaining”
XLMedia expands presence in US sports market with CBWG Sports acquisition
CBWG owns and operates six sports betting and gaming websites and has agreements in place with leading regulated online sportsbooks in the US
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XLMedia remains focused on repairing Google deranking damage
XLMedia conceded that financial performance in the first half was disappointing but it continues to make good progress on its transformation agenda and the delivery of its strategic priorities.
XLMedia takes full control of the 101GreatGoals.com website
The group said the simplified control structure will help accelerate the development of the site, including a push into new geographies
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XLMedia launches £16mln share buyback as bosses 'take advantage of weak share price'
“The board is of the opinion that the full potential of the company is not reflected in the current share price and this tender offer accelerates our current share buyback programme, further capitalising on our current share price”
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