Entertainment Dish-DraftKings Sports Betting Pact Blitzes FuboTV Stock
Virus may reduce total Super Bowl bets, but online to surge
ATLANTIC CITY, N.J. — Here's one more thing the coronavirus pandemic has ruined for at least some people: betting on the Super Bowl. The American Gaming Association, the gambling industry's national trade group, released a report Tuesday predicting that the number of people planning to make a bet on the big game will decrease this year. That's largely because many people still haven't returned to work settings, where office pools and squares pools are often circulated and filled out, as well as because fewer people are planning to make bets at in-person sports books, including casinos and horse tracks.
Apartnership between and has hammered the stock of upstart streaming bundle provider .
Shares in Fubo, which have been on a wild ride in recent months but have risen more than 300% over the past year, were down 19% as the trading day reached the home stretch. The company on Tuesdaythat beat Wall Street expectations for revenue as the company’s service reached nearly 550,000 subscribers. Losses per share, however, widened to $2.47 in the period from $1.07 a year ago. That wasn’t anywhere close to analysts’ consensus forecast for a loss of 85 cents.
Super Bowl live stream: How to watch 2021 NFL game for free without cable
Here is a complete breakdown of all live streaming services that carry Super Bowl 55 live, including some that offer free trials.CBS will be the only station-specific option to watch the culmination of the 2020 season — it and NBC switched so the latter could have the 2022 Super Bowl and Winter Games in the same season — but there are plenty of apps and devoted streaming sites from which viewers can choose. There are also a few online options that don't require a monthly fee or TV subscription.
Many investors have headed for the sidelines today given how central sports betting has been to the strategic plan of CEO David Gandler. More than a dozen states have legalized betting in the wake of a landmark 2018 Supreme Court ruling that opened the floodgates. The company has acquired Vigtory and Balto Sports, two deals that will help it launch free-to-play gaming and a full sports book in the second half of 2021. But scale has been a question mark, and the Dish-DraftKings news shows the challenge ahead for Fubo.
Serena Williams vs. Naomi Osaka time, TV channel, live stream for 2021 Australian Open semifinals
Here's a complete guide to watching Serena Williams vs. Naomi Osaka in the 2021 Australian Open, including the start time and TV channel for Wednesday's women's singles semifinal match."First of all, I'm in the semifinal. That's pretty awesome. So that's exciting," Williams, the 10th seed, said after her straight-set win over No. 2 Simona Halep. "It doesn't matter who I'm playing really in the semifinal. It's a semifinal of a Grand Slam. No one gets there by chance, so I have got to be ready.
In a press release, Dish said it would integrate the DraftKings sportsbook and daily fantasy offerings into its Dish TV Hopper set-top box. The companies’ partnership will also allow for a rollout of the betting firm’s app on Dish’sinternet-delivered bundle as well as the Boost Mobile wireless network. Fubo competes directly with Sling, which has about 2.5 million subscribers. Dish’s traditional satellite TV business is declining but still has almost 9 million subscribers, and the ad-skipping Hopper set-top has gained share of the total customer base.
“The integration with DraftKings is an exciting enhancement for our customers and a great addition to the growing Dish TV Hopper platform,” Dish TV group president Brian Neylon said.
Dish TV customers with a Hopper receiver will be able to access the DraftKings app to view betting odds and fantasy contests. They can initiate bets or contest entries with DraftKings directly from their TV, then set recordings and watch the live sports that correspond with those bets or fantasy teams.
What channel is Michigan vs. Ohio State on today? Time, TV schedule for Big Ten basketball rivalry
Michigan and Ohio State, both projected as potential 1-seeds, face off on the court for the first time on Sunday. Here's everything you need to know about the high-stakes rivalry.The Wolverines and Buckeyes, ranked third and fourth in the latest AP Top 25 poll, respectively, are both aiming for the Big Ten's regular-season championship and earn the top seed for the conference tournament in March. Moreover, both will try to secure a No. 1 seed in the 2021 NCAA Tournament; a win over a top-five program late in the season will go a long way in securing that status.
Once a bet or fantasy contest entry is initiated, customers will be prompted by push notification texts to complete the transaction in the DraftKings app on their mobile device. Bets on NCAA basketball, NBA and the NHL are on the initial menu, with additional features to be added down the line.
“Our deal with Dish TV and the technology behind it immerses customers within a next-generation viewership experience and reaches these fanbases in a completely new way,” said Paul Liberman, president of product and technology and co-founder at DraftKings. “This is a unique opportunity for fans to watch games and engage with our real-money products while the technology also allows for further innovation ahead.”
Although it has to go up against better-capitalized rivals such as Hulu and YouTube as well as Sling, Fubo has a number of champions in the financial community. Bulls see the company as a likely beneficiary of cord-cutting, which shaved more than 5 million subscribers from the traditional bundle in 2020.
Jason Helfstein, an analyst with Oppenheimer, reiterated his “buy” rating on Fubo’s shares after the quarterly report, raising his 12-month price target to $45 from $30.
In a note to clients, he noted guidance for the current quarter pointing to “muted churn” compared with 2020 levels. The company is “well-positioned to benefit from the industry-wide shift to over-the-top (OTT) streaming services and, now, online sports betting,” he wrote. Many internet-delivered bundles keying on entertainment offerings, “forcing sports fans to remain tethered to pay TV,” he added. Fubo, meanwhile, “is exploiting the opportunity in sports by providing a comparable viewership experience at a lower cost than its pay-TV counterparts.”
Video: ViacomCBS to launch Paramount+ streaming service on March 4 (CNBC)
What channel is NASCAR on today? TV schedule, start time for Phoenix race .
Here's a complete guide to watching Sunday's NASCAR race at Phoenix Raceway, including the TV channel and start time.The TV channel for Sunday's NASCAR race is Fox. The network will air the Instacart 500 from Phoenix Raceway. The Phoenix race is the fifth race of the NASCAR Cup Series 2021 season, and Fox has been the channel for all five races.