![]() “Fifty percent gross margins will be our long-term target.”įor comparison, BetMGM guided to 30-35% margins at maturity, including higher-margin online casino. “We think that the opportunity is pretty sizable,” he said. Gandler said the crossover product would lower acquisition costs and boost margins. “We believe we are in the early innings of a massive opportunity.” Sector-leading margins? “This seamless connection between streaming video and our mobile betting app is a feature we believe only FuboTV can bring to market,” said CEO Dave Gandler. If a user flips from a baseball game to a tennis match on the TV, the app will follow. How does Fubo live sync work?Įssentially the sports betting app is linked to a Fubo streaming account, meaning the app will display markets for whatever the user is watching. That included a 44-second clip debuting the product’s “industry-first” Live Sync functionality. ![]() The streaming company reported Q2 earnings Tuesday evening with a strong spotlight on the Fubo Sportsbook. FuboTV this week unveiled the first demo of its forthcoming US sportsbook.
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