Nothing shows the X’s (formerly Twitter) downfall better than the recent, endless casino ads. Not just any casino, but Stake. The place has become spammy, with crypto casino ads going off the rails and clogging up the feed.
Before Elon Musk took over Twitter, it used to be a place to be online, with everything from breaking news, the newest memes, and wild debates, mixed into that fast-scrolling feed. These days, X is a chaos of ads, bots, and everything alike, and nothing screams it louder than that endless flood of Stake ads. Been there?
By the way, Stake is a popular crypto casino and sports betting app. But I’m sure you’ve heard of it (or seen it on Twitter lately). Since its launch in 2017, it’s been taking over several regions, including Europe and the UK. The catch? It’s still illegal in the US.
The weird thing is that people keep noticing Stake ads everywhere lately. Coincidence? Over the past two years, the crypto casino turned from another gambling site to a bunch of ads that are taking over the online space.
Have you also noticed that the biggest X meme accounts are literally spamming with Stake ads? They basically slap the logo onto popular jokes and stolen videos. All the way back in November, 404 Media called it out, noting that the undisclosed gambling ads actually go against X’s guidelines.
Turns out, X indeed doesn’t allow advertising of casino and online betting sites based in other countries. Meanwhile, Stake is run out of Cyprus.
It gets even worse. All posts that show up as Stake ads have a Community Note saying what Stake is and even links to the website itself. Tell me more about the free promo. That’s actually crazy!
What’s more, people are literally tired of these crypto casino ads and even tweet about this. Make it make sense, right?
At this point, not really sure whether Stake really owns those X accounts or if they’re just spamming people with tweets including their logo. But the whole thing is getting out of hand. By the way, those accounts almost always have that Stake handle in their bios.
Owen Carry even said Stake’s marketing efforts with those meme accounts are not only legally suspicious but an “amorphous advertising campaign that ignores international borders and the gambling laws that exist within them.”
This meme farming isn’t the only problem. Remember the controversial picture on X of Bonnie Blue with the Stake logo put on? Followed by the viral video of Drake and a blurry image of Stake on his laptop? Although the rapper confirmed a collab.
Shortly after all the chaos with Stake ads, Musk commented: “Platform manipulation by buying large follower accounts and using them to push paid scams will result in the annihilation of those accounts.”
The result? Accounts linked to the suspicious scheme were suspended. But guess what?! Other new accounts promoting Stake popped up. What were the odds?
Now, the Twitter feed feels like a nightmare of gambling ads for a crypto casino that doesn’t even operate in the US. All those recycled ads are pretty much another downward step.
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