Online Gambling Marketing Firm Issues Trading Update

XLMedia posts an 83 percent rise in revenue

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."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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