It is operating on an app that “hasn’t received the updates required to compete in the U.S.,” senior analyst Steven Ruddock told Bloomberg.online betting market outside Nevada (FanDuel has 40%). The app is only available in four states: Colorado, Michigan, Pennsylvania, and New Jersey.betting market due to its poor reach and tech.
sports betting market has hit a bump in the road as online sports betting platform Fox Bet struggles and faces an ownership dispute with its partner, FanDuel owner Flutter Entertainment.įox partnered with Flutter - the world’s largest listed gambling group - after Flutter bought The Stars Group, the online gambling company that created Fox Bet, for $6 billion in 2019.įox Bet has failed to gain traction in the U.S.
Fox Corp.’s desire to be a leader in the U.S.
