Fubo Gaming, Ak-Chin Indian Community Announce Completion of Market Access Agreement in Arizona for Forthcoming Mobile Fubo Sportsbook
Fubo Gaming Now Holds Market Access Deals in Five States
The agreement marks Fubo Gaming’s fifth market access agreement following
"We are thrilled to partner with Ak-Chin for a market access agreement in
As sports fans crave more interaction and engagement between their viewing and betting experiences, Fubo Sportsbook aims to encapsulate the two through a differentiated and industry-first integration of streaming and sports wagering. Through Fubo Sportsbook, fuboTV intends to integrate real money wagering with its expansive live sports offering, creating an interactive omniscreen entertainment ecosystem in which the wagering app automatically syncs with users’ interests and viewing. Fubo Sportsbook intends to combine data from both the betting and streaming platforms, leveraging fuboTV’s first-party user behavior data to understand consumers’ viewing preferences and recommend relevant bets, turning passive viewers into active, engaged participants.
“This agreement marks another monumental step in our journey to bringing Fubo Sportsbook to consumers, expanding our sportsbook’s reach to at least five states,” said
“This is a tremendously exciting day for the entire
This press release contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release that do not relate to matters of historical fact are forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, including statements regarding our market opportunity, business strategy and plans, the continued shift in consumer behavior and the expected launch of Fubo Sportsbook. The words “could,” “will,” “plan,” “intend,” “anticipate,” “approximate,” “expect,” “potential,” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements that fuboTV makes due to a number of important factors, including but not limited to risks related to our pursuit and engagement in acquisitions; our actual operating results may differ significantly from our guidance; risks related to the Company’s access to capital and fundraising prospects to fund its ongoing operations and support its planned growth; the restrictions imposed by content providers on our distribution and marketing of our products and services; our reliance on third party platforms to operate certain aspects of our business; risks related to our technology, as well as cybersecurity and data privacy-related risks; our ability to achieve or maintain profitability; our revenue and gross profit are subject to seasonality; our operating results may fluctuate; our ability to attract and retain subscribers; we may not be able to license streaming content or other rights on acceptable terms; risks related to our ability to capitalize develop and market a sports wagering offering and the regulatory regime and related risks associated with such offering; risks related to the difficulty in measuring key metrics related to our business; risks related to the highly competitive nature of our industry; risks related to ongoing or future legal proceedings; and other risks, including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations, rates and policies, including the impact of COVID-19 on the broader market. Further risks that could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements are discussed in our Quarterly Report on Form 10-Q for the quarterly period ended