Tag: Fox Bet
Fox Sports to Launch Fox Bet for Sports Gambling
May 11, 2019
Fox Sports is launching Fox Bet, and has become the first major American sports network to make a move into gambling. The purchase of a 5% stake in The Stars Group – the parent company of PokerStars – will allow Fox Sports to acquire half of the group’s US business after a decade. It marks the first time a major US broadcaster has moved directly into gambling, with the restrictive regulations previously hindering any potential tie-ups. Now the broadcaster looks to be buying into gambling and will likely use its network and sports content to cross-promote gambling across its properties….