Fox Sports viewers tuning in to some broadcasts this fall will not only see the game, but also will get betting predictions. The network announced a partnership Wednesday night with the parent company of the PokerStars online gambling giant.
Fox Sports is buying just under 5% of The Stars Group for about $236 million. Both companies will offer real-money sports betting this fall in states where it is legal and they are licensed.
The Stars Group says it has market access through licensing in 13 states, and is seeking licensing in others.
“This will transform the way sports fans consume sports in America,” said Eric Shanks, CEO and executive producer of Fox Sports. “We know that many Fox Sports customers already wager.”
The move comes a week before the anniversary of a U.S. Supreme Court decision clearing the way for states to offer legal sports betting should they so desire. Eight states currently take wagers, three others have legalized it in 2019 and many other states, including Louisiana have bills in their legislatures. Read the full story.