XLMedia PLC XLMedia Signs Revenue Share Contract (6562Y)
09 May 2023 - 4:00PM
UK Regulatory
TIDMXLM
RNS Number : 6562Y
XLMedia PLC
09 May 2023
9 May 2023
XLMedia PLC
("XLMedia" or the "Group" or the "Company")
XLMedia Signs First Revenue Share Contract in North America with
Major Client
XLMedia and bet365 extend commercial relationship to include new
hybrid agreement in North America
XLMedia PLC (AIM: XLM) the global digital media company that
manages a portfolio of premium brands with an emphasis on Sports
and Gaming in regulated markets, is pleased to announce that, in
line with its strategic objective to diversify revenue, it has
signed a hybrid revenue agreement with bet365.
The agreement, which combines customer acquisition with longer
term retention, forms the basis of a multi-year partnership between
the two brands and deepens the commitment both XLMedia and bet365
have made to North American expansion. The agreement will also have
responsible gambling at its core. The ability to drive education
and engagement, through collaborative content, will ensure that all
players have the knowledge and tools to gamble responsibly with
bet365.
David King, Chief Executive Officer, XLMedia
"We are pleased to expand our global relationship with bet365.
In line with the stated strategy, this hybrid agreement is the
start of XLMedia building a new, sustainable revenue stream in
North America."
For further information, please contact:
XLMedia plc
David King, Chief Executive Officer ir@xlmedia.com
Caroline Ackroyd, Chief Financial Officer via Vigo Consulting
www.xlmedia.com
Vigo Consulting Tel: 020 7390 0233
Jeremy Garcia / Kendall Hill
www.vigoconsulting.com
Cenkos Securities plc (Nomad and Broker) Tel: 020 7397 8900
Giles Balleny / Max Gould
www.cenkos.com
About XLMedia:
XLMedia (AIM: XLM) 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. XLMedia brands
are designed to reach passionate people with the right content at
the right time.
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