by Michael Molter | Nov 21, 2022 1:40 pm | Legal
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations...
by Michael Molter | Oct 17, 2022 8:08 pm | Legal
FuboTV announced their closure of Fubo Gaming to secure a positive cash flow by 2025. They represented less than 1% of the market during 2022 March Madness in Arizona. FuboTV Sportsbooks in Iowa, New Jersey, and Arizona will close immediately. NEW YORK – FuboTV...
by Giovanni Shorter | May 31, 2022 11:39 am | Sports Betting
Sports apparel company Fanatics trademarks BetFanatics as they aim to launch their own sports betting mobile app. Fanatics would join the likes of Sports Illustrated and FuboTV as sporting companies that transitioned into sports betting. JACKSONVILLE, Fla. – It seems...
by Sam Profeta | Apr 6, 2022 3:14 pm | Sports Betting
FuboTV advertised for a live PFL fight that was actually prerecorded. Sportsbooks were taking heavy action on these fights. LAS VEGAS – A major betting scandal could be unfolding with the Professional Fighters League as their streaming partner, FuboTV, has advertised...
by Giovanni Shorter | Jun 2, 2021 10:54 am | Sports Betting
FuboTV is not hosting betting lines directly from the TV streaming app. This will be for a prize of a year-long free Fubo service. FuboTV saw $119.7 million in revenue in Q1 now setting a new record. NEW YORK – FuboTV members will be able to somewhat wager on the...