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London-listed affiliate marketer XLMedia has completed the sale of assets related to its personal finance business for $1.3 million.
The disposal includes domains and websites such as Investor Junkie, Greedy Rates and Young and Thifty, and is in line with the company’s strategy to exit non-core activities in order to focus on betting and gaming affiliate marketing.
The company also said Tuesday that it is in advanced talks to sell its remaining personal finance assets, which have been treated as discontinued operations in the financial results for 2022
https://www.gamingintelligence.com/finance/manda/174204-xlmedia-sells-finance-websites-to-focus-on-betting-and-gaming/
Study: 58% of college students in the US have engaged in sports betting activity
NCAA survey reveals that 18-to-22-year-olds are more likely to bet at a higher frequency.
Sports wagering in the US is proving increasingly popular among younger people, with 58 per cent of 18-to-22-year-olds having engaged in at least one sports betting activity, according to a National Collegiate Athletic Association (NCAA) survey.
https://www.sportspromedia.com/news/us-college-sports-betting-wagering-ncaa-survey/?zephr_sso_ott=9yid8d
Terry, how much XLM stock do you hold?
Terry you need to take a little time to better understand the business and its strategic direction. I’m curious too whether you are a shareholder ?
Big Volume today : 3,723,595
Doesn’t look like we’ll have to wait for a vote. North Carolina’s sports betting bill is on the Senate calendar for a second reading and vote today
https://twitter.com/RLinnehanXl/status/1663892099845050370
Digital media company XLMedia announced a three-year extension of its partnership with Schneps Media on Wednesday, solidifying its commitment to expanding in North America and driving growth in sports betting and gaming revenues.
The AIM-traded firm said the deal would ensure that it would remain the exclusive provider of sports betting and ‘iGaming’, or online casino, content to the amNewYork brand.
It said the extension followed a successful initial two-year agreement, with XLMedia to continue supplying sports betting content to amNY.com, while also taking charge of managing commercial deals with regulated sportsbooks.
Leveraging its content and monetisation expertise, XLMedia said it would also establish an educational and engaging iGaming content hub on amNY.com.
https://www.sharecast.com/news/aim-bulletin/xlmedia-extends-schneps-media-deal-for-three-years--13584576.html
Agree Joe some big buys so looks like confidence is coming back on this one. Hopefully we have seen the absolute bottom on this now, and it's up from here :)
I really don't understand how management could screw this up..
Market leaders, industry experience, massive growing market, and net debt.
They are also selling the one sector that doesn't make money.
My genuine feeling is 80-100p over the next 3-5 years. Gla
The North Carolina Senate approved a sports betting bill on the first of two required votes this afternoon.
It's a positive step forward for legalized North Carolina sports betting.
The second vote is expected tomorrow.
https://twitter.com/RLinnehanXl/status/1664015110535368711
This is priced to go bust! WTF?
The SP is frustrating Nav, but I do believe the company is turning a corner, patience needed
Balance of loss making PF division now sold
Https://twitter.com/RLinnehanXl/status/1666514456556216326
North Carolina is likely to become the 28th state to legalize online sports betting. Brick-and-mortar sports betting is already legal in the state.
There is very little short interest here.
The drop is caused by sellers and no buyers..
Agree no shorts with this stock .. puzzling though last few days buys have well exceeded sells .so weird price behaviour ?
Yeah strange, a few 100k buys does nothing to the sp, but someone selling 2 shares drops the sp, lol
Yes its beyond strange as confident buys over last fews days and tiny sells. Puzzling? anyone understand this?
The last time I remember a share behaving like this, was KOOV
Shareholders got zilch in 2019, but the business thrives on today, and the crook CEO got £millions
https://www.thisismoney.co.uk/money/markets/article-7792745/Labour-peer-nets-millions-investors-collapsed-Koovs-fashion-firm-wiped-out.html
I remember Koov well, Left many pennyless , Same old story with Aim Shares , Its all a gamble with the CEOs the biggest winner leaving the Private investor with nothing...
Hope your doing OK and gaining money Joe
Some confident buys today, pleased see this
BREAKING: North Carolina Gov. Roy Cooper will sign the state’s online sports betting bill into law tomorrow
https://twitter.com/RLinnehanXl/status/1668765888210964480