The sale of assets in Europe and Canada has been agreed by XLMedia.

XLMedia is selling its Europe and Canada businesses to Gambling.com Group for $42.5 million.

This sale is part of XLMedia plan to increase its value for shareholders. The sale will help XLMedia settle debts, give money back to shareholders, and support its business in North America.

This move follows XLMedia's focus on North American markets, where it aims to grow and strengthen its connections with audiences.