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XLMedia agrees to sell Europe and Canada assets to Gambling.com for up to $42.5m

Deals & M&A

XLMedia agreed to sell its Europe and Canada sports betting and gaming assets to Gambling.com Group, the company said. The binding deal provides for $37.5m in fixed payments and a possible $5m earnout, with completion anticipated on 1 April 2024. The assets generated estimated revenue of $21.4m in 2023.

The sale would transfer XLMedia’s Europe and Canada assets to Gambling.com Group for fixed payments and a possible earnout.

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Gambling.com Group changes name to Grandstand Limited

Gambling.com Group Limited, listed on Nasdaq as GAMB, has changed its name to Grandstand Limited, the company announced. Its ordinary shares will trade on the Nasdaq Global Market under a new ticker symbol from the market open on 23 July 2026. The company said the new name captures its evolution into the intelligence layer of sports, gaming and entertainment.

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