London-listed digital marketing specialist XLMedia has reported a 13 per cent decline in revenue to US$59.1m for the first half of 2018, with the company attributing the decline to regulatory developments in online gambling.
XLMedia said that it delivered a solid performance in H1, despite experiencing “disruption in some regions in which we operate”, including the closure of the Australian online casino market at the end of 2017.
Revenue was also affected by uncertainty regarding the regulatory status [...]
