FUBO Gaming, Cordish Companies announce agreement in Pennsylvania for mobile Fubo sportsbook
For the last half decade, fuboTV has become the go-to streaming app for all sports fans and cord cutters.
But the company is set to become a behemoth on the sports betting scene as well, after announcing a new deal to go live in Pennsylvania with its new service.
Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), and The Cordish Companies have announced the completion of a market access agreement for the forthcoming mobile Fubo Sportsbook in Pennsylvania. Fubo Gaming’s agreement with The Cordish Companies, owner and operator of Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh, provides for state-wide mobile access for both sports betting and iGaming. The launch of Fubo Sportsbook in Pennsylvania is subject to obtaining requisite regulatory approvals.
Through Fubo Sportsbook, fuboTV intends to integrate gaming with its expansive live sports offering for a seamless user experience enabling consumers to wager while they watch. fuboTV currently has a leading sports offering in Pennsylvania through its carriage agreements with regional sports networks NBC Sports Philadelphia (Philadelphia 76ers, Philadelphia Flyers, Philadelphia Phillies) and AT&T SportsNet Pittsburgh (Pittsburgh Penguins, Pittsburgh Pirates), in addition to local and national network coverage.
The agreement in Pennsylvania will bring Fubo Sportsbook to a minimum of four states following previously announced market access agreements in New Jersey and Indiana (through Caesars Entertainment, Inc.) and Iowa (through Casino Queen). Fubo Sportsbook is expected to begin rolling out state-by-state in the fourth quarter 2021, subject to obtaining requisite regulatory approvals in each jurisdiction.
“Entering Pennsylvania, one of the largest sports betting and iGaming makers in the U.S., is a significant accomplishment for our forthcoming Fubo Sportsbook which, in this market, can also include mobile casino games,” President of Fubo Gaming Scott Butera said. “We are also excited to be partnering with Cordish who has been a leader in gaming and sports entertainment for decades.”
Co-Founder and CEO of fuboTV, David Gandler, is excited to get into the Keystone State with Cordish and Live!
“Our agreement with The Cordish Companies will bring Fubo Sportsbook to consumers in Pennsylvania, expanding our sportsbook’s reach to at least four states,” Gandler said. “With our sportsbook, we’re looking forward to delivering a comprehensive sports entertainment experience that combines live streaming and wagering. We expect to launch Fubo Sportsbook in the fourth quarter of this year pending regulatory approvals.”
Rob Norton, the president of Cordish Gaming Group, is ready for this partnership that could become one that changes the gambling and television games.
“Partnering with Fubo Gaming to bring our guests this exciting, integrated mobile sports betting option is the natural evolution of our Live! Casino brands in Pennsylvania,” Norton said. “Philadelphia and Pittsburgh are both iconic sports cities that are deserving of best-in-class sports betting platforms, so we look forward to working with Fubo Gaming on this new endeavor.”
As someone who has seen the beta launches for some of the upcoming services on the fuboTV app, this is something that could change the game of betting. If you can imagine not even having to look down from your screen to be able to find odds on live and upcoming games, as well as score updates, you will be blown away by what fuboTV is going to be able to provide bettors in Pennsylvania.