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FuboTV initiates strategic review of sports betting business

5th August 2022 11:51 am GMT

New York-listed sports live TV streaming platform FuboTV has initiated a strategic review of its interactive wagering business.

The company said that it continues to believe that an integrated wagering platform, offering both live video and a sportsbook, will result in the best viewing and gaming experience for consumers.

“However, as we have evaluated how best to scale these capabilities in today’s market, we have concluded that we will no longer pursue this opportunity on our own,” [...]

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