Fubo Gaming Joins AGA’s September Celebration to Promote Responsible Gaming
September 01 2022 - 4:05PM
Business Wire
Fubo Gaming, a subsidiary of leading sports-first live TV
streaming platform FuboTV Inc. (NYSE: FUBO), today announced its
participation and support for the American Gaming Association (AGA)
Responsible Gaming Education Month (RGEM) in September. The goal of
the initiative is to educate consumers on responsible sports
betting, increase awareness of problem gambling, promote gaming
literacy and elevate employee training.
Fubo Gaming will demonstrate its steadfast commitment to the
initiative by incorporating responsible gaming messaging inspired
by AGA’s Have A Game Plan.® Bet Responsibly.™ service campaign
across its social media channels and external-facing marketing
assets. The company will also run an internal initiative to empower
employees with the knowledge and tools to ensure that responsible
gaming is top of mind for patrons.
Fubo officially launched its integrated sportsbook in Iowa and
Arizona, which merges live sports and wagering into a single
ecosystem, late last year and is currently exploring strategic
opportunities for the business.
“Fubo Gaming is proud to join the AGA in celebrating Responsible
Gaming Education Month to amplify the importance of responsible
gaming,” said Scott Butera, president, Fubo Gaming. “We firmly
believe social responsibility contributes to the best player
experience. As professionals in the emerging sports wagering
industry, it’s our responsibility to take a proactive approach
toward responsible gaming initiatives, not only in September but
throughout the year, to ensure long-term sustainability.”
Additionally, as part of an ongoing concerted effort to boost
responsible gaming education year-long, Fubo continues to engage
employees with periodic refresher training and user education
programs, as well as provide tools, including self-exclusions and
limits, to ensure players can enjoy a safe and fun platform
experience.
Established in 1998 by the AGA as Responsible Gaming Education
Week, Responsible Gaming Education Month (RGEM) is the U.S. gaming
industry’s annual celebration of responsible gaming. The event
provides companies and individuals associated with the industry
with opportunities to elevate their everyday commitment to
responsible gaming by promoting gaming literacy and consumer
education, strengthening employee training, and working with
partners to advance our understanding of the issue.
Fubo Sportsbook is officially live in AZ and IA. Must be 21 or
older to gamble. Terms, conditions and restrictions apply. Gambling
Problem? Text NEXTSTEP to 53342 or Call 1-800-Next-Step (AZ). Call
1-800-BETSOFF or visit 1800BETSOFF.org (IA). Wagering not permitted
on athletes on the roster of any Iowa College Teams or their
opponents (IA). Collegiate in-play wagers and prop bets on
individuals prohibited (AZ).
ABOUT FUBO GAMING
Launched in 2021, Fubo Gaming Inc. is a Chicago-based subsidiary
of live TV streaming platform FuboTV Inc. (NYSE: FUBO), and
developer and distributor of Fubo Sportsbook. Fubo Sportsbook is
purpose-built to integrate with FuboTV, creating a personalized
omniscreen experience that turns passive viewers into active and
engaged participants. Fubo Sportsbook launched in November 2021 and
is officially live in Arizona and Iowa. Fubo Gaming has also
entered into market access agreements in Indiana, Louisiana,
Mississippi, Missouri and New Jersey via Caesars Entertainment,
Inc., Ohio via the NBA Cleveland Cavaliers, Pennsylvania via The
Cordish Companies and Texas via The Houston Dynamo Football Club.
The launch timeline of Fubo Sportsbook in each state is subject to
various factors, including obtaining requisite regulatory approvals
and, in certain jurisdictions, enactment of legislation. For more
information, visit fubosportsbook.com.
Cautionary Note Regarding
Forward-Looking Statements
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 partnerships, market
opportunity, business strategy and plans, the expected continued
rollout of Fubo Sportsbook and the continued shift in consumer
behavior towards sports wagering and streaming services. The words
“could,” “will,” “plan,” “intend,” “anticipate,” “approximate,”
“expect,” “potential,” “believe” 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 FuboTV’s access to capital and fundraising prospects to fund its
ongoing operations and support its planned growth; risks relating
to diverting management’s attention from FuboTV’s ongoing business
operations to address integration and fundraising efforts; 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 strategic
review of our wagering business, including our ability to identify
a strategic partner; 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 June
30, 2022 filed with the Securities and Exchange Commission (“SEC”)
on August 8, 2022 and our other periodic filings with the SEC. We
encourage you to read such risks in detail. The forward-looking
statements in this press release represent FuboTV’s views as of the
date of this press release. FuboTV anticipates that subsequent
events and developments will cause its views to change. However,
while it may elect to update these forward-looking statements at
some point in the future, it specifically disclaims any obligation
to do so. You should, therefore, not rely on these forward-looking
statements as representing FuboTV’s views as of any date subsequent
to the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220901005661/en/
Investor Contacts: Alison
Sternberg, FuboTV asternberg@fubo.tv
JCIR for FuboTV ir@fubo.tv
Media Contacts: Deliah
Mathieu, Fubo Gaming dmathieu@fubo.tv
Jennifer L. Press, FuboTV jpress@fubo.tv
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