London-listed digital marketing provider XLMedia has secured a licence in the regulated Romanian iGaming market and completed its first local acquisition.
XLMedia has been granted a Class 2 License from the Romanian National Gambling Office, enabling the company to advertise locally licensed online gaming operators, which include a number of its existing clients.
The company has also completed its first acquisition in Romania, paying approximately US$1m for a portfolio of websites offering online betting and gaming related [...]