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Tag Archives: XLMedia

Sweden – XLMedia sells three casino assets

XLMedia is selling three of the Group’s European Gaming domains and associated websites, Casino.se, Casino.gr, and Casino.pt for a total upfront cash consideration of $4.0 million, representing a 4.7 times multiple on revenue. In the year ended 31 December 2022, the assets relating to the Sale generated revenues of $840,000, six per cent of the Group’s European Casino revenue, with a gross profit of approximately…