XLM has released an update lowering the guidance on its trading for the year ending December 2023. Following a mid-year lull in activity cited at the interims, it was expected that the launch of ESPNbet in November would make up for the weaker period. However, now that the final December acquisition budgets have been confirmed with the betting operators, it has become clear that trading will fall short of market expectations. We have reduced revenue forecasts by 12% to $50m and reduced Adj EBITD ....
