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Fox thought its sports gambling app was a big new opportunity, but Fox Bet never paid off.
The Wall Street Journal reports FanDuel and Fox are winding down Fox Bet, an app launched in 2019 that only ever was available in a few states.
When we wrote about it in 2021, the integration of gambling looked like a sure thing to broadcasters and streamers, but since then, FuboTV’s gambling ambitions flamed out, and Disney’s old-new CEO Bob Iger sounds a lot less enthusiastic about gambling as he seeks to sell off some or all of ESPN.
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