FUBO TV

  • FuboTV could be adding sports betting to its network with a wagering deal in the near future.
  • CEO David Gandler has stated that many sports betting companies have expressed interest including what could possibly be the network’s exclusive partner FanDuel.
  • Many of the top sports networks have also partnered with betting companies to expand in the growing industry.

NEW YORKFuboTV may be the next network to offer sports betting to its live television streaming platform viewership according to CEO David Gandler.

Currently, the platform does not have sports betting available but provides viewers with over 50,000 sporting events from the major leagues around the country such as the NBA, NFL, MLB, and NHL.

Gandler stated that the company has received multiple sports betting parties expressing interest in advertising on the network and are considering moving in that direction.

“We think we can enhance the viewing experience with wagering,” said Gandler. “We don’t have a strategy fleshed out but it’s an area of increasing interest.” FuboTV is “looking at its options.”

He would not disclose which companies were under consideration when asked but did explain that one of the companies has had over a year’s relationship with FuboTV.

FanDuel Group is a sports betting company that has an exclusive deal with FuboTV that was made in May 2019. This deal made FanDuel the official sportsbook, daily fantasy sports, horse racing, and online casino partner of the network.

The gaming company is also the exclusive advertiser and has its data integrated into FuboTV according to the terms of the deal.

Other Top Networks Offer Sports Betting

There have been many other top sports networks that have partnered with sports betting companies recently including ESPN, Fox Sports, CBS Sports, and VSiN.

The leading sports network ESPN has signed two sports betting deals with Caesars Entertainment and DraftKings to boost its presents in the sports wagering industry.

“Our new agreements with Caesars and DraftKings collectively represent the next significant milestone for ESPN to diversify our exposure and deepen our commitment in the sports betting space,” said Mike Morrison, Vice President of Business Development & Innovation, ESPN. “…we are bringing together the sports media leader with two of the top brands and best products in the segment.”

Sports networks are all realizing how quickly the sports wagering industry is growing in the country and are beginning to add legal sports betting options to their networks.

When FuboTV does commit to sports betting partnerships with a company it will join a long list of networks working to service more betting data to its viewers.

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