Elon Musk's innovative social media platform, X - previously known as Twitter - is venturing into online gambling. In a remarkable turn of events, X is reportedly in talks with BetMGM to integrate sports betting into the widely-used site. Late on Friday, Fortune reported this.
Celebrating Six Years of Excellence
BetMGM, celebrating its sixth anniversary this July, is a joint venture between the renowned MGM Resorts International and UK-based Entain Plc.
Currently, BetMGM is the third-largest online sportsbook operator in the US. Beyond sports betting, BetMGM excels in online casino gaming and poker, featuring sister brands like Borgata Online, Party Casino, and Party Poker.
The timing of this potential partnership couldn't be more perfect, as it coincides with the Super Bowl that is scheduled in two weeks.
X, known for amplifying live events, finds the NFL season to be an ideal catalyst for user engagement. While this collaboration may not be a major revenue driver for X, it signals a welcoming environment for mainstream advertisers on the platform.
BetMGM's Expanding Influence
Already commanding a massive following on X, BetMGM's integration into this social media platform is a game-changer. With over 310 million followers, X has become a hub for sports enthusiasts to share insights, making the Super Bowl an especially hot topic.
As BetMGM continues to grow in the US market, this partnership could significantly enhance its reach and user engagement.
This collaboration could introduce an unexplored feature in US sports betting – the ability to place bets directly from X. While details are still under wraps, the prospect of a direct betting link on X is an unprecedented move in the industry.
As we anticipate further developments, this collaboration promises to be a game-changer in US online betting. Stay tuned for more updates as X and BetMGM lead us into an exciting new era of online gambling!