fuboTV Doubles Down on Sports Wagering

1 min read

Bulls and bears have plenty to say about fuboTV‘s (NYSE: FUBO) prospects as a play on sports gambling, but it’s hoping to make its own luck with its second acquisition in the gambling market in as many months. The sports-first live-streaming provider announced on Tuesday that it will be acquiring Vigtory, a sports betting and interactive gaming company. 

Terms of the deal weren’t disclosed, but it expects the nuptials to close by the third quarter of this year. And fuboTV isn’t wasting any time here: It expects to launch a sportsbook before the end of the year. Paired with last month’s deal for Balto Sports, provider of the content automation software that will help fuboTV launch a free-to-play fantasy sports experience this summer, the intentions are pretty clear here. fuboTV hopes to stand out as the live-streaming platform that can get you into the game in more ways than one.

Image source: Getty Images.

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