XLMedia is selling its sports betting and gaming assets in Europe and Canada to Gambling.com Group for up to $42.5 million.
This deal includes popular sites like Freebets.com and WhichBingo. The money will be paid in installments, with a chunk expected in April.
XLMedia's chair sees this as a good move, helping clear debts and giving cash back to shareholders. The sale will allow XLMedia to focus more on its North American business.
This deal includes popular sites like Freebets.com and WhichBingo. The money will be paid in installments, with a chunk expected in April.
XLMedia's chair sees this as a good move, helping clear debts and giving cash back to shareholders. The sale will allow XLMedia to focus more on its North American business.
