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Sports
August 10, 2023
FOX BET May Not Be Dead as Murdoch Wants to Leverage Super 6
The Tuesday call with investors saw Murdoch discuss the recent and rather abrupt shutdown of the corporation’s betting arm. FOX BET was launched in the hopes of striking a unique and highly lucrative balance between FOX’s involvement in sports and the fast-evolving sports gambling market. FOX Boss Talks the Future of the Sports Betting Brand […]
Legal
November 7, 2022
Fox vs Flutter Arbitration Case Resolved with Both Companies Content with Result
The New York Judicial Arbitration and Mediation Services issued an arbitration ruling stipulating that Fox, owner of Fox Bet, has a 10-year-long right to buy an 18.6% stake in major US sports betting operator FanDuel from Flutter, which currently owns the company. Arbitrator Confirms Fox’s 10-year Option to Buy Stake in FanDuel According to the […]
Business
March 16, 2022
FOX CEO Murdoch Unhappy with Limiting FOX Bet Flutter Partnership
An impasse with FOX Bet is stalling plans at FOX Corp to establish itself as a major player in the US sports betting space and frustrating FOX chief executive officer Lachlan Murdoch, Bloomberg reported. Lack of Development at FOX Bet FOX CEO Murdoch voiced his frustration at the lack of resolution related to the ongoing […]
Business
January 25, 2022
USB Endorses Fox Gambling Stock in Recent Update
Gambling stocks were routed in 2021 and the outlook for 2022 isn’t all too good. After reports that Wynn will put its interactive wagering division for sale, investors have begun asking if putting their money in gambling stocks is wise anymore. Fox Gambling Stock Shows Strength According to UBS analyst John Hodulik, there are still […]
Sports
August 31, 2021
NFL Names BetMGM, PointsBet, WynnBET and FOX Bet Approved Sportsbook Operators
In April, the NFL inked deals with Caesars, FanDuel and DraftKings, naming them Approved Sportsbook Operators. On Monday this week, the League added four more operators to that list. As a result, PointsBet, WynnBET, BetMGM and FOX Bet are now Approved Sportsbook Operators for the 2021 NFL season. NFL Inks a Deal with Four Approved […]
Sports
June 15, 2021
FOX Bet Brings “Big Papi” as MLB Analyst to Weigh in on 2021 Season
FOX Bet adds Big Papi as MLB analyst for the rest of the 2021 baseball season to bring recreational and competitive bettors valuable insights into upcoming games. Big Papi Ortiz to Speak His Mind with FOX Bet The FOX Bet team is getting a serious boost in the face of former Boston Red Sox ace and FOX […]
Business
June 1, 2021
Entain Puts Pressure on Tabcorp to Make a Deal, but a New Wrinkle Emerges via FOX Bet
Should Tabcorp decide to spin off its gaming and lottery units into stand-alone companies, it’s going to fail. That’s the message Entain has sent to the company in an effort to convince Tabcorp decision-makers to accept its offer to acquire the units. Australia-based Tabcorp has had difficulty shoring up its gaming operations lately, which led […]
Industry
May 31, 2021
News Corp Australia in Talks to Launch Standalone Betting Brand
A weekend report in The Sydney Morning Herald claims News Corp Australia is in advanced negotiations to launch a new sports betting brand and reshuffle player positions in the local gaming market. Talking on Two Fronts Industry sources, which remained unnamed by the media due to the confidential nature of the talks, stated that the […]
Business
March 19, 2021
FOX Extends and Expands NFL Media Rights Agreement
FOX Corporation has extended its media rights agreement with the National Football League (NFL) by an additional 11 years. FOX Extends and Expands NFL Media Rights Agreement News, sports, and entertainment conglomerate FOX Corporation has announced that it has extended its media rights agreement with the National Football League (NFL) until 2033. FOX will maintain […]
Sports
February 11, 2021
FOX NASCAR Racing Analyst Clint Bowyer Joins FOX Bet
FOX NASCAR race analyst and former NASCAR driver Clint Bowyer will be joining the FOX Bet brand for the 2021 season, making his debut from the booth this week at Daytona Speedweeks. Enhance Experience of Watching Racing The NASCAR Xfinity Series Champion will be joining in the FOX NASCAR Cup Series booth race series Hall […]