Fubo Gaming, Ak-Chin Indian Community Announce Completion of Market Access Agreement in Arizona for Forthcoming Mobile Fubo Sportsbook
August 30 2021 - 8:30AM
Business Wire
Fubo Gaming Now Holds Market Access Deals in
Five States
Fubo Gaming, a subsidiary of leading sports-first live TV
streaming platform fuboTV Inc. (NYSE: FUBO), announced it has
secured a market access agreement in Arizona for its forthcoming
Fubo Sportsbook mobile app via the Ak-Chin Indian Community. The
Ak-Chin Indian Community was awarded a special license to provide
online sports betting via a mobile app, accessible within the state
of Arizona, on Friday, August 27.
The agreement marks Fubo Gaming’s fifth market access agreement
following Pennsylvania (via The Cordish Companies), New Jersey and
Indiana (via Caesars Entertainment) and Iowa (via Casino Queen).
Fubo Sportsbook remains on track to launch in the fourth quarter,
subject to requisite regulatory approvals in each jurisdiction.
"We are thrilled to partner with Ak-Chin for a market access
agreement in Arizona," said Scott Butera, president, Fubo Gaming.
"Our comprehensive sports entertainment experience is envisioned to
combine real-money wagering with fuboTV's live sports offering for
a seamless user experience enabling consumers to wager while they
watch. Arizonans are passionate professional and collegiate sports
fans who we believe will enjoy the market defining Fubo
Sportsbook."
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 David Gandler, co-founder and
CEO, fuboTV. “We’re committed to meeting sports fans where they are
and delivering what they truly want — a more personalized,
interactive sports entertainment experience, all within the fuboTV
ecosystem.”
“This is a tremendously exciting day for the entire Ak-Chin
Indian Community,” said Ak-Chin Chairman Robert Miguel. “With this
sports betting license and our strategic partnership with Fubo
Sports, we know we’ll be able to offer our customers the kind of
premier entertainment experience they’ve come to expect from
Ak-Chin, whether they visit our sportsbook in-person or
online.”
About Fubo Gaming
Fubo Gaming Inc., is a Chicago-based subsidiary of live TV
streaming platform fuboTV Inc. (NYSE: FUBO) that is dedicated to
delivering a unique, hyper-personalized sports entertainment and
wagering experience. Launched in 2021, Fubo Gaming brings together
fuboTV’s leading sports-first live TV streaming platform with the
soon-to-be-launched Fubo Sportsbook to create an omniscreen
ecosystem in which wagering information automatically syncs with
users’ interests and real-time viewing. Fubo Sportsbook is expected
to launch in Q4 2021, subject to obtaining requisite regulatory
approvals. It currently has market access agreements for Arizona
via Ak-Chin Indian Community, Pennsylvania via The Cordish
Companies, Iowa via Casino Queen, as well as Indiana and New Jersey
via Caesars Entertainment Inc. For more information, visit
fubosportsbook.com.
About Ak-Chin Indian
Community
The Ak-Chin Indian Community, located in northwestern Pinal
County, was established by presidential decree in 1912. There are
approximately 1,100 Tribal members in the Community, primarily
comprised of Akimel O'odham, Tohono O'odham and Hia-Ced O'odham
members. Our Native American language is O’odham. Ak-Chin remains
agrarian-focused and features Ak-Chin Farms, where barley,
potatoes, alfalfa and corn are cultivated across 15,000 acres. The
Ak-Chin Community has grown to offer multiple other amenities, as
well, including: Harrah’s Ak-Chin Casino & Resort, Ak-Chin
Southern Dunes Golf Club, Ak-Chin Circle Entertainment Center, and
more. Information: ak-chin.nsn.us.
Forward-Looking
Statements
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Inc. (“fuboTV”) that involve substantial risks and uncertainties.
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business strategy and plans, the continued shift in consumer
behavior and the expected launch of Fubo Sportsbook. The words
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version on businesswire.com: https://www.businesswire.com/news/home/20210830005145/en/
Investor Contact: Alison
Sternberg, fuboTV asternberg@fubo.tv
The Blueshirt Group for
fuboTV ir@fubo.tv
Media Contacts: Deliah
Mathieu, Fubo Gaming dmathieu@fubo.tv
Lexi Panepinto, Fubo Gaming lpanepinto@ctpboston.com
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