Fubo Gaming Now Has Market Access Agreements In Five States
NEW YORK, August 30, 2021– (COMMERCIAL THREAD) – Fubo Gaming, a subsidiary of the leading live sports television broadcasting platform fuboTV Inc. (NYSE: FUBO), announced it has entered into a market access deal in Arizona for its upcoming Fubo sports betting mobile application via the Indian community Ak-Chin. The Indian community of Ak-Chin was granted a special license to offer online sports betting through a mobile app, accessible in the state of Arizona on Friday, August 27.
The deal marks Fubo Gaming’s fifth market access deal after Pennsylvania (via The Cordish Companies), New Jersey and Indiana (via Caesars Entertainment) and Iowa (via Casino Queen). Fubo Sportsbook remains on track to launch in Q4, subject to required regulatory approvals in each jurisdiction.
“We are delighted to partner with Ak-Chin on a market access agreement in Arizona,” said Scott Butera, president of Fubo Gaming. “Our comprehensive sports entertainment experience is designed to combine real money betting with fuboTV’s live sports offering for a seamless user experience that allows consumers to bet while they watch. . “
As sports fans seek more interaction and engagement between their viewing and betting experiences, Fubo Sportsbook aims to encapsulate the two through differentiated and unprecedented integration of streaming and sports betting. Through Fubo Sportsbook, fuboTV intends to integrate real money betting into its vast live sports offering, creating an interactive omni-screen entertainment ecosystem in which the betting app automatically syncs with interest. and user viewing. Fubo Sportsbook intends to combine data from betting and streaming platforms, leveraging fuboTV’s first party user behavior data to understand consumers’ viewing preferences and recommend relevant bets, transforming viewers. passive into active and engaged participants.
“This agreement marks another monumental step in our journey to bring Fubo Sportsbook to consumers, extending the reach of our sports betting to at least five states,” said David Gandler, co-founder and CEO of fuboTV. “We are committed to meeting sports fans where they are and giving them what they really want: a more personalized and interactive sports entertainment experience, all within the fuboTV ecosystem. “
“This is an extremely exciting day for the entire Ak-Chin Indian community,” Ak-Chin President Robert Miguel said. “With this sports betting license and our strategic partnership with Fubo Sports, we know that we will be able to provide our customers with the kind of top-notch entertainment experience they expect from Ak-Chin. they visit our sports betting site in person or online. “
About Fubo Gaming
Fubo Gaming Inc., is a Chicago-based affiliate of the live television streaming platform fuboTV Inc. (NYSE: FUBO) which is dedicated to providing a unique and hyper-personalized sports betting and entertainment experience. Launched in 2021, Fubo Gaming brings together fuboTV’s premier live sports TV streaming platform with the upcoming Fubo Sportsbook, soon to be launched, to create an omni-screen ecosystem in which betting information automatically syncs. with user interests and real-time viewing. Fubo Sportsbook is expected to launch in Q4 2021, subject to obtaining the required regulatory approvals. She currently has market access agreements for Arizona through Ak-Chin Indian Community, Pennsylvania through The Cordish Companies, Iowa through Casino Queen, as well as Indiana and New Jersey through Caesars Entertainment Inc. more information, visit fubosportsbook.com.
About the Ak-Chin Indian community
The Ak-Chin Indian community, located in the northwest of Pinal County, was established by presidential decree in 1912. There are approximately 1,100 tribal members in the community, mostly made up of Akimel O’odham, Tohono O ‘odham and Hia-Ced O’odham members. Our Native American language is O’odham. Ak-Chin remains focused on agriculture and includes Ak-Chin Farms, where barley, potatoes, alfalfa and corn are grown on 15,000 acres. The Ak-Chin community has grown to offer many more amenities including: Harrah’s Ak-Chin Casino & Resort, Ak-Chin Southern Dunes Golf Club, Ak-Chin Circle Entertainment Center, and more. Information: ak-chin.nsn.us.
This press release contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements in this press release that do not relate to historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our market opportunities, business strategy and plans, the continued change in consumer behavior and the expected launch of Fubo Sportsbook. The words “could”, “will”, “plan”, “intend”, “anticipate”, “approximate”, “expect”, “potential” or the negative of these terms or other expressions Similar are intended to identify future- forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in fuboTV’s forward-looking statements due to a number of important factors, including, but not limited to, risks relating to our pursuit and our involvement in acquisitions; our actual operating results may differ materially from our expectations; risks related to the Company’s access to capital and prospects for fundraising to finance its ongoing operations and support its expected growth; restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as risks related to cybersecurity and data privacy; our ability to achieve or maintain profitability; our sales and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; the risks related to our ability to capitalize, develop and market a sports betting offer and the regulatory regime and the associated risks associated with such an offer; risks related to the difficulty of measuring key indicators related to our activity; risks associated with the highly competitive nature of our industry; risks associated with ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in laws, regulations, tax and other rates and policies , including the impact of COVID-19 on the wider market. Other risks that could cause actual results to differ materially from those expressed or implied by these forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021 filed with the Securities and Exchange Commission. (“SEC”) on August 11, 2021 and our other periodic filings with the SEC. We encourage you to read these risks in detail. The forward-looking statements contained in this press release represent the views of fuboTV as of the date of this press release. fuboTV predicts that subsequent events and developments will change its views. However, although it may choose to update these forward-looking statements at some time in the future, it specifically disclaims any obligation to do so. You should therefore not rely on any such forward-looking statements as representing the views of fuboTV as of any date subsequent to the date of this press release.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20210830005145/en/
Alison Sternberg, fuboTV
The Blueshirt group for fuboTV
Deliah Mathieu, Fubo Gaming
Lexi Panepinto, Fubo Gaming