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December 7th General news ... Bet On Sports at beton-sports.com

NOW X.L. MEDIA EYES THE DANISH MARKET
2014-07-07

XLMedia, the Jersey-based online gambling firm specialising in digital marketing services, has expanded its growth strategy with the acquisition of an as yet unidentified large Scandinavian affiliate marketing company - and its player database - for a consideration of $2.3 million.
Speculation is that the acquisition is a Danish company, giving XL access to that burgeoning online gambling market.
Through some savvy partnerships XL has a growing presence in both the Nevada and New Jersey online gambling markets in the United States following its IPO on London's AIM market earlier this year (see previous InfoPowa reports).
Chief executive Ory Weihs says the company's aggressive expansion strategy will continue, with management seeking out further online gambling assets for acquisition as the group builds a high profile as a digital marketer in regulated markets.
This acquisition represents a complementary fit for our business, strengthening our reach in Scandinavia and providing entry into Denmark, a fully regulated territory, he said last week.
XLMedia was created through the merger IN 2008 of two Israeli companies: WebPals, founded by Yaron Nahari and Assaf Levy in 2007; and Traffic, founded by Ory Weihs. Former Ladbrokes CEO Chris Bell is the chairman.




CONVENIENCE STORE ASSOCIATION WIDENS ATTACK ON INTERNET WAGERING (Update)
2014-06-11

The National Association of Convenience NFL Odds Store Owners, which earlier this week wrote to its members urging them to support the Adelson-inspired Graham-Chaffetz legislative attempts to resurrect and strengthen the Wire Act (see previous InfoPowa reports) has widened its opposition by backing a full public affairs campaign to persuade lawmakers in the US Congress to adopt the measure.
The Association's vp for government relations, Lyle Beckwith, told the publication Politico Tuesday that his members are worried about lottery tickets being sold across state lines over the Internet.
As a member of the convenience store industry I'm most concerned with the impact that the Department of Justice decision has had on the sale of lottery products," Beckwith said.
"Lottery tickets should not be sold interstate on the Internet. Those sales risk letting kids buy them, letting people gamble in states that dont want gambling, and pulling money and sales out of some states into others.
"If Congress does not act to pass this [Graham-Chaffetz] legislation, states will open the floodgates to Internet gambling and it will become difficult or impossible to turn it back.