Fubo Gaming, The Cordish Companies Announce Market Access Agreement In Pennsylvania For Upcoming Fubo Sportsbook Mobile



NEW YORK–(COMMERCIAL THREAD) – Fubo Gaming, a subsidiary of fuboTV Inc. (NYSE: FUBO) and The Cordish Companies today announced that they have entered into a market access agreement for the upcoming Fubo Sportsbook mobile in Pennsylvania. Fubo Gaming’s agreement with The Cordish Companies, owner and operator of Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh, provides statewide mobile access for sports betting and iGaming. The launch of Fubo Sportsbook in Pennsylvania is subject to obtaining the required regulatory approvals.

Through Fubo Sportsbook, fuboTV intends to integrate games into its extensive live sports offering for a seamless user experience that allows consumers to bet while they watch. fuboTV currently offers a premier sports offering in Pennsylvania through its distribution 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 coverage of local and national networks. .

Today’s deal in Pennsylvania will bring Fubo Sportsbook to a minimum of four states following previously announced market access agreements in New Jersey and Indiana (via Caesars Entertainment, Inc.) and Iowa ( via Casino Queen). Fubo Sportsbook is expected to begin state-by-state deployment in Q4 2021, subject to obtaining the required regulatory approvals in each jurisdiction.

“Entering Pennsylvania, one of the largest manufacturers of sports betting and iGaming in the United States, is a significant achievement for our upcoming Fubo Sportsbook which in this market may also include mobile casino games,” said said Scott Butera, president of Fubo Gaming. “We are also delighted to partner with Cordish, who has been a leader in games and sports entertainment for decades. ”

“Our agreement with The Cordish Companies will bring Fubo Sportsbook to consumers in Pennsylvania, extending the reach of our sports betting to at least four states,” said David Gandler, co-founder and CEO of fuboTV. “With our bookmaker, we look forward to delivering a comprehensive sports entertainment experience that combines live streaming and betting. We plan to launch Fubo Sportsbook in the fourth quarter of this year pending regulatory approvals. ”

“Partnering with Fubo Gaming to offer our customers this exciting and integrated mobile sports betting option is the natural evolution of our Live! The Pennsylvania casino brands, ”said Rob Norton, president of Cordish Gaming Group. “Philadelphia and Pittsburgh are two iconic sports cities that deserve the best sports betting platforms, so we look forward to working with Fubo Gaming on this new venture. ”

About Cordish Companies

The origins of the Cordish Companies date back to 1910 and encompass four generations of private family ownership. Over the past decade, The Cordish Companies has grown into a global leader in commercial real estate; Entertainment districts; Developments rooted in sport; Thu ; Hotels; Residential properties; Restaurants; International Development; Coworking spaces; and Private Equity. One of the world’s largest and most respected developers, The Cordish Companies has received seven unprecedented awards of excellence from the Urban Land Institute for public-private developments of unique importance to the cities in which they are situated. The Cordish Companies has developed and operates highly acclaimed dining, entertainment and hospitality destinations across the United States, many of which are Live! Brand, highly regarded as one of the country’s leading entertainment brands. In gaming, The Cordish Companies has grown into one of the world’s most successful casino resorts, including the Hard Rock Hotel & Casino Hollywood, the Hard Rock Hotel & Casino Tampa and Live! Casino & Hotel Maryland. Welcoming more than 55 million visitors a year, these developments are among the country’s premier dining, entertainment, gaming, hotel and sports destinations. Over the generations, The Cordish Companies has remained true to the core family values ​​of quality, entrepreneurship, long-term personal relationships and integrity. A testament to the long-term vision of her family leadership, The Cordish Companies still owns and manages virtually every business it started. For more information, visit www.cordish.com or follow us on Twitter.

“The Cordish Companies”, “The Cordish Company” and “Cordish” are trademarks used under license by independent companies, statutory liability companies and partnerships (“Cordish Entities”). Each Cordish entity is a separate, single-purpose legal entity that is solely responsible for its obligations and responsibilities. No common transaction or financial interdependence, and no mix of assets or liabilities of the Cordish Entities exists, or should be deemed to exist, due to the potential common reference to several independent entities operating under the names “Cordish”, “ The Cordish Enterprises ”or“ The Cordish Company ”here or elsewhere.

About Fubo Gaming

Fubo Gaming Inc. is a subsidiary of fuboTV Inc. (NYSE: FUBO) which launched in 2021. Complementing fuboTV’s leading sports streaming platform, Fubo Gaming aims to provide a complete sports entertainment experience through sports betting and interactive games. The online betting experience, Fubo Sportsbook, is expected to launch in Q4 2021, subject to obtaining the required regulatory approvals. Fubo Gaming is based in Chicago.

About fuboTV

With a mission to provide the world’s most exciting live sports TV experience through the widest range of premium content, interactivity and built-in betting, fuboTV Inc. (NYSE: FUBO) is focused on achieving its vision for a streaming platform that transcends the industry’s current virtual MVPD model. fuboTV Inc. operates in the United States, Canada and Spain.

Leveraging its proprietary data and technology platform optimized for live TV and sports audiences, fuboTV Inc. aims to transform passive viewers into active participants and define a new category of interactive TV. With its cable TV replacement product, fuboTV, subscribers can stream a wide range of over 100 live TV channels, including 74 of Nielsen’s top 100 networks in sports, news and entertainment. entertainment, more than any other live TV streaming platform (source: Nielsen Total Viewers, 2020). fuboTV intends to add interactivity to its streaming experience with the launch of free-to-play predictive gaming in Q3 2021.

Fubo Gaming Inc., a subsidiary of fuboTV Inc., plans to launch Fubo Sportsbook, a comprehensive sports entertainment experience through sports betting and interactive games, in the fourth quarter of 2021, subject to obtaining the required regulatory approvals.

Forward-looking statements

This letter contains forward-looking statements of fuboTV Inc. (“fuboTV”) that involve substantial risks and uncertainties. All statements contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “may”, “will”, “plan”, “intend”, “anticipate”, “About,” “” expect “,” potential “or the negative of such terms or other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in fuboTV’s forward-looking statements due to a number of important factors, including (i) risks relating to the ability to realize the expected benefits of Balto and Vigtory’s acquisitions, (ii) risks related to the company’s access to capital and prospects for fundraising to finance its ongoing operations, (iii) risks related to the distraction of management’s attention fuboTV’s ongoing business operations to cope with integration efforts and our ability to successfully capitalize on market trends and develop and market a sports betting offering, and (v) other business effects, including including the effects of industry, market, economic, political or regulatory conditions, future exchange and interest rates, and changes in tax and other laws, regulations tations, tariffs and policies, including the impact of COVID-19 on the wider market. Other risks which could cause actual results to differ materially from those expressed or implied by such forward-looking statements are discussed in the Company’s periodic documents with the Securities and Exchange Commission and we encourage you to read these risks. in detail. The forward-looking statements contained in this press release represent the views of fuboTV as of the date of this press release. fuboTV expects subsequent events and developments to change its point of view. However, although it may choose to update these forward-looking statements at some time in the future, it specifically disclaims any obligation to do so. You should therefore not rely on these forward-looking statements as representing the views of fuboTV as of a date subsequent to the date of this letter.


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