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Online gambling marketing company XLMedia, which operates websites driving players to online casino operators, has published a trading update for the half year to end June 2015, noting that it is on track to deliver full year numbers in line with expectations.
Highlights of the update include H1-2015 revenues up 83 percent to $36.4 million, and EBITDA up 87 percent at $12 million;
The AIM listed company, which is chaired by former Ladbrokes chief exec Chris Bell, lists the major gambling groups Ladbrokes and William Hill among its clients, and recently acquired rival Marmar Media.
CEO Orry Weihs said in a statement Monday: “We see numerous opportunities for consolidation and hence we continue to evaluate additional businesses which are a good fit for the group.”
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Gambling News :
IGT Continues Partnership with Coljuegos EICE -
IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
Magic Spells SLot Launches -
The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.
Lightning Box Games in Deal With Everi Games -
Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.
Another Attempt to Acquire Tatts -
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer
Ladbrokes Trading Update -
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:
Leovegas Player Wins a BMW X4 -
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.
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