Fubo TV takes first step toward sports betting with Balto acquisition
The deal comes less than a month after Fubo TV signaled its intention to enter the sports betting industry.
Fubo TV is a streaming cable television alternative that focuses primarily on sports content, including games and series from the MLB, NBA, NFL, NHL, MLS and international soccer leagues. It also offers general entertainment, movie and news channels from major national and international programmers. The company is based in New York City.
The deal comes less than a month after Fubo TV signaled its intention to enter the sports betting industry.
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