FOX Bet Archives - Legal Sports Report

Analysis: Why Are Broadcast Networks Still Scared Of Sports Betting?

It’s the fourth quarter of Chiefs vs. Raiders on Sunday Night Football in November 2021. The Chiefs lead 41-14 in a blowout. There’s nothing left to play for, not even a backdoor cover. “We’re in Vegas,” NBC announcer Al Michaels says. “I wish I could tell you that something was in play. But this game […] Read More

Posted on: March 15, 2022 | | Brad Allen

Why It Matters That Facebook Is Testing Waters Around Sports Betting

Facebook has launched prediction games for sports and reality TV, that could one day be a valuable source of real money gaming customers. Read More

Posted on: September 16, 2021 | | Brad Allen

Who Are Big Winners From Latest NFL Betting Partnerships?

The NFL added BetMGM, PointsBet and WynnBet to its roster of NFL betting partners, but Genius Sports may be the real winner. Read More

Posted on: August 30, 2021 | | Brad Allen

Analysis: Hurdles In Front Of FanDuel IPO In US Stacking Up

A publicly-listed FanDuel may be worth half of what some analysts projected just two months ago. LSR examines what has changed. Read More

Posted on: May 25, 2021 | | Brad Allen

Fox Corporation Acquires Outkick With Sports Betting Content In Mind

Fox Corporation wants to push further into sports betting content through the purchase of media outfit Outkick. Fox executives announced Wednesday the acquisition of digital media company Outkick. During the company’s fiscal year 2021 third-quarter earnings call Wednesday, Fox CEO Lachlan Murdoch said the acquisition is key to a growing focus on sports betting content […] Read More

Posted on: May 6, 2021 | | Pat Evans

Flutter To Exclude ‘Struggling’ Fox Bet From Potential FanDuel IPO

FanDuel Group accounted for 91.6% of Flutter US revenues in Q1, while Fox Bet and PokerStars came in at just 8.4%. Read More

Posted on: April 29, 2021 | | Brad Allen

How Is A Potential FanDuel IPO Affected By Fox Suing Flutter?

Fox has filed suit against Flutter over the value of a 2021 option that allows Fox to buy an 18.6% stake in FanDuel. The suit was filed this week and will be heard as an arbitration before JAMS in New York rather than court. CNBC first reported the suit, which the companies since confirmed. What’s the […] Read More

Posted on: April 6, 2021 | | Brad Allen