XLMedia projects H1 revenue of $32m in first-half trading update

Affiliate expects to reduce total workforce by up to 15% as it reorganises assets to deal with faltering casino division

XLMedia has provided a trading update for the six months ended 30 June 2021 with revenue set to come in at approximately $32m (£23.2m). The affiliate giant said adjusted EBITDA was likely to reach $7m for H1, up from $5.1m in the same period of last year. As a result of the trading update, XLMedia…

Affiliates | Finance | H1 2021 | Online casino | Strategy | XLMedia