7Baggers

FuboTV Bets on Sports Gambling as Key to Drawing In More Customers

By: 
👤 The Sarcastic InvestorCommunity Lead :) 
💬 610
   Jan 12, 2021

https://www.wsj.com/articles/fubotv-bets-on-sports-gambling-as-key-to-drawing-in-more-customers-11610460066

Sitting in front of the TV and bet sports seem like a no-brainer to me. Also they're able to grow their users effectively although expensively.

They're currently growing their users at a rapid pace even without the gambling element. I can imagine their growth could accelerate more into 2021 or 2022. And since they would be the only streaming platform where you can sit in front of the TV and place bets I can see a more than ok future ahead of them.

long $fubo


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Hi, I'm Shih-Min. I am a software engineer that deals with highly-scalable, distributed and fault-tolerant systems.
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