XLMedia Has Sold Freebets to Gambling.com in Full

XLMedia finalized the sale of its sports betting and gaming assets in Europe and Canada to Gambling.com Group for $42.5 million.

The deal includes a fixed payment of $37.5 million with an additional $5 million based on revenue performance.

XLMedia received an initial cash installment of $20 million and plans to use the proceeds for strategic purposes.

 

[Qwert135]

They actually Must have some solid plans for their existence and working in the market and the price they are getting its actually good as well considering the market price they cannot their services again with new price and name in the market and it can definitely help them gain control in the industry indeed