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XLMedia Extends Mile High Sports Partnership & Readies for North Carolina Sports Betting Launch
XLMedia PLC, a global digital media leader, is thrilled to announce a two-year extension of its strategic partnership with Mile High Sports. This exciting development comes as North Carolina prepares for its long-awaited debut in the world of online sports betting. Join us on this journey as we delve into the details.
Strengthening the Bonds: XLMedia and Mile High Sports
In a strategic move that underlines XLMedia’s commitment to growth and excellence, the company has extended its partnership with Mile High Sports for two more years. Mile High Sports, an independent publisher based in Colorado, has established itself as a major player in the realm of professional sports content. With a dedicated and highly engaged sports betting audience, Mile High Sports has been a valuable partner since XLMedia’s entry into the US market in 2020.
This partnership has not only expanded XLMedia’s footprint in regulated states but has also brought substantial revenue to both entities. The extension reaffirms XLMedia’s position as a leader in the Media Partnership Business (MPB), further solidifying its industry reputation.
North Carolina’s Imminent Sports Betting Launch
Exciting developments are afoot in North Carolina as Governor Roy Cooper publicly announces his intention to introduce online sports betting before the much-anticipated 2024 March Madness NCAA basketball tournament. This groundbreaking move has set the stage for a significant transformation in the state’s gambling landscape.
XLMedia’s North Carolina media partner, WRAL.com, is already making waves in neighboring states where sports betting is thriving. As a result, it is strategically positioned to excel in North Carolina, making it a key player in this lucrative market. North Carolina, the ninth most populous state in the US, boasts a passionate community of professional and collegiate sports enthusiasts, presenting an appealing opportunity for sports betting growth.
David King, XLMedia’s Chief Executive Officer, expresses his confidence in the Media Partnership Business, stating, “We continue to build our successful Media Partnership Business. The extension with Mile High Sports is further proof of the Business’ ability to partner with valued publishers.”
Furthermore, King highlights the strategic importance of their partnership with WRAL.com, which positions them for revenue growth in legal Southern US states while enabling them to tap into North Carolina’s vast sports fan base as the state gears up for its sports betting launch.
Embracing Opportunities in the US Market
The partnership extension with Mile High Sports represents more than just a contract renewal; it’s a testament to XLMedia’s unwavering dedication to the US market. With their eyes set on expansion and a commitment to delivering top-quality content to sports enthusiasts, XLMedia is poised for success.
As North Carolina prepares to join the ranks of states offering legalized sports betting, XLMedia is strategically positioned to capitalize on this burgeoning market. The combination of Mile High Sports’ expertise in sports content and XLMedia’s proficiency in digital media promises a winning formula.
Looking Ahead: A Bright Future for XLMedia
In an ever-evolving landscape, XLMedia remains at the forefront of digital media innovation. Their focus on forming strong partnerships and seizing emerging opportunities continues to drive growth and success.
As the countdown to North Carolina’s sports betting launch begins, XLMedia is ready to make a significant impact. With Mile High Sports as a trusted partner and WRAL.com as a strategic ally, XLMedia is well-equipped to cater to the diverse needs of sports enthusiasts in this populous state.
Join us on this exciting journey as we witness XLMedia’s expansion, partnership excellence, and dedication to delivering top-notch content in the dynamic world of online sports betting.
XLMedia PLC: Leading the Way in Digital Media
XLMedia PLC, a global digital media powerhouse, continues to set the bar high in the ever-evolving landscape of online content. With its commitment to excellence and growth, XLMedia stands as a beacon of innovation and partnership success.
As the company extends its collaboration with Mile High Sports, it solidifies its position as an industry leader. The two-year extension not only underscores the value of their partnership but also paves the way for exciting possibilities in the digital media landscape.
In parallel, North Carolina’s sports betting launch looms on the horizon. With Governor Roy Cooper’s commitment to introducing online sports betting, the stage is set for a significant transformation in the state’s gambling industry. XLMedia’s partnership with WRAL.com positions them for success in this emerging market.
David King, CEO of XLMedia, shares his optimism, stating, “We continue to build our successful Media Partnership Business. The extension with Mile High Sports is further proof of the Business’ ability to partner with valued publishers.”
As XLMedia looks ahead, the future is indeed bright. With a focus on strategic partnerships, expansion, and delivering top-tier content, XLMedia is poised to make a significant impact in the dynamic world of digital media. Join us on this journey as we witness the company’s continued success and innovation.