fuboTV Acquires Balto Sports Moves Into Sports Betting
fuboTV has announced its acquisition of Balto Sports Betting, a move that will bring fuboTV into the sports betting market.
fuboTV has announced its acquisition of Balto Sports Betting, a move that will bring fuboTV into the sports betting market.
Everyone else is watching》》
Optimistic about the future of online gambling, the woman behind the success of bet365
Is Online Casino legal in Latin America?
Gambling in Singapore: All you need to know
Macau gambling revenue fall 70.5% YoY in Nov
David Gandler, co-founder and CEO, fuboTV, commented, “As we said in our third quarter earnings announcement last month, fuboTV sees the online wagering space as complementary to our sports-first live TV streaming platform. We believe there are significant synergies between consumers who enjoy wagering and our subscribers who enjoy streaming live sports, creating a flywheel opportunity. As we’ve previously expressed, one of our goals with wagering is to expand our total available market (TAM) by developing another important revenue stream for fuboTV, as we are doing with our growing ad sales business.”
Plans to get into the sports betting market were shared last month when Gandler said during the company’s Q3 earnings call that “people come to fubo for the sports,” before sharing that the goal of expanding into this area was to bring in revenue, commenting that sports wagering will be “an important contributor to our business.”
With the newly announced deal, Balto, a company that develops tools for users to organize and play fantasy sports games, will help fuboTV expand into both free to play gaming and online sports wagering. The online sports wagering market is expected to reach $155 billion by 2024 according to Zion Market Research.
Terms of the deal were not disclosed.
欲索取2020年博弈产业年度分析报告书请点击『这里』留下您的e-mail邮箱我们将会统一寄出。
本年度报告将为您统整与分析2020年度整体博彩业界的改变,为您深入报导『亚太地区、澳门以及欧美国家』2020年公卫危机冲击与改变 、各国赌牌现况、网路博彩业现况、博彩业版图分析,汇整产业相关数据以及各国博彩重要新闻事件,解析产业变动及博彩相关资讯!请持续关注博讯头条并于下方留下您的邮箱领取2020年博弈产业年度分析报告书,此外,我们将陆续释出2021年博彩产业趋势预测,您将会获得第一手资讯。
[责任编辑:雨宫菲菲>>看看我的其他文章]
图片说明:(图/網路)
线上博彩在部分国家属违法行为,本文仅以产业分析为目的,内容仅供参考,文章内相关赌博行为,一律与本站无关。