REG - XLMedia PLC - XLMedia Extends Partnership with Schneps Media

XLMediaAnnouncement

31/05/2023 07:00

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RNS Number : 0687B  XLMedia PLC  31 May 2023

31 May 2023

 

XLMedia PLC

("XLMedia" or the "Group" or the "Company")

 

XLMedia Extends Exclusive Partnership with Schneps Media

 

XLMedia announces a three-year partnership extension with Schneps Media to
continue as the exclusive provider of their sports betting and iGaming content
on amNewYork

 

XLMedia PLC (AIM: XLM), a leading global digital media company, is pleased to
announce that, in line with its strategic objective to continue to expand its
North America footprint and grow sports betting and gaming revenues, it has
signed a three-year extension with Schneps Media to continue as the exclusive
provider of sports betting and iGaming (e.g., online casino) content to
amNewYork ("amNY.com").

 

The multi-year extension follows a highly successful initial two-year deal;
and will see XLMedia supply highly engaging sports betting content while also
managing commercial deals with regulated sportsbooks. Additionally, XLMedia
will establish an educational and engaging iGaming content hub on amNY.com
further utilising the Group's content and monetisation expertise. Both brands
are committed to educating consumers about responsible gambling.

 

The deal further enhances XLMedia's position as a market-leader in partnering
with prominent publishers across the US and Canada, while providing access
to high-quality commercial content and high-value advertiser
relationships. The partnership is enhanced by amNY.com's strong readership,
authority and scale built from its first-class news reporting. Schneps Media
has been a key partner for XLMedia for the past two years, delivering notable
results during the New York state sports betting launch at the beginning of
2022.

 

David King, Chief Executive Officer of XLMedia, commented:

 

"We are pleased to be able build upon our sports betting success with amNY.com
in the years to come and to extend our partnership to include iGaming in what
we believe will be another important revenue opportunity for both businesses.

 

"In line with our stated strategy, this agreement furthers our efforts to
expand our North America footprint and drive iGaming in select markets like
the US to capitalise on the high-margin gaming vertical."

 

Joshua Schneps, Chief Executive Officer of Schneps Media, commented:

 

"We are delighted with the success from our partnership over the last two
years and thrilled to continue in the years to come. The collaboration and
commitment from the XLMedia team has been exceptional."

 

 

For further information, please contact:

 

 XLMedia plc                                                                                                                                                                                                                                                                                                ir@xlmedia.com (mailto:ir@xlmedia.com)

 David King, Chief Executive Officer                                                                                                                                                                                                                                                                        via Vigo Consulting

 Caroline Ackroyd, Chief Financial Officer

 www.xlmedia.com
 (https://urldefense.proofpoint.com/v2/url?u=http-3A__www.xlmedia.com_&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=_j7WE8b4VBDMQh_NEDyHzuFbYwFlFY6-qLfGA6Yt41Y&m=DVVCNZwmu_ac9hl5ohXT4wpJr4z599217_wVFtBpEgQ&s=Q5UVdAHcTsLlclrxsimuE3YVgPSl2_FC8sl-lhAnCDY&e=)

 Vigo Consulting                                                                                                                                                                                                                                                                                            Tel: 020 7390 0233

 Jeremy Garcia / Fiona Hetherington / Kendall Hill

 www.vigoconsulting.com
 (https://urldefense.proofpoint.com/v2/url?u=http-3A__www.vigoconsulting.com&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=_j7WE8b4VBDMQh_NEDyHzuFbYwFlFY6-qLfGA6Yt41Y&m=DVVCNZwmu_ac9hl5ohXT4wpJr4z599217_wVFtBpEgQ&s=Dp3eOyMI4Rc_hHhLHn_XMP2oSvtXXIYM-7-VYEozhr0&e=)

 Cenkos Securities plc (Nomad and Joint Broker)                                                                                                                                                                                                                                                             Tel: 020 7397 8900

 Giles Balleny / Max Gould

 www.cenkos.com
 (https://urldefense.proofpoint.com/v2/url?u=http-3A__www.cenkos.com_&d=DwMFaQ&c=euGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM&r=_j7WE8b4VBDMQh_NEDyHzuFbYwFlFY6-qLfGA6Yt41Y&m=DVVCNZwmu_ac9hl5ohXT4wpJr4z599217_wVFtBpEgQ&s=9lVDL6O-YsX8UjXyO1ANaF7qBeR0iwe6ltOaQDIZEZc&e=)

 

 

About XLMedia:

XLMedia (https://www.xlmedia.com/) (AIM: XLM) is a leading global digital
media company that creates compelling content for highly engaged audiences and
connects them to relevant advertisers.

 

The Group manages a portfolio of premium brands with a primary emphasis on
Sports and Gaming in regulated markets. XLMedia brands are designed to reach
passionate people with the right content at the right time.

 

About amNY.com:

amNY.com is the leading news site in Manhattan and New York City focused on
local news and events. It is owned and operated by Schneps Media, a vast local
publishing network of print and digital news and niche sites, lifestyle
magazines, podcasts, events, and webinars. Connecting businesses and brands
with audiences throughout New York City, Westchester, Long Island, and
Philadelphia, Schneps reaches more people in more ways than anyone in the
region.

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