fuboTV: Betting On Sports Betting

Jun. 02, 2021 2:52 PM ETfuboTV Inc. (FUBO) Stock, , , , 43 Comments
SL Investments
3.17K Followers

Summary

  • fuboTV live sports streaming company is betting its future on sports betting, and I think the company can be successful.
  • fuboTV is extremely competitive in the live sports streaming market, and fuboTV can leverage its subscribers to grow its future betting business.
  • Existing players in the sports betting market do not have an early mover advantage because live online sports betting is only legal in few states today.

야간 경기 중 팬들로 가득찬 빛 효과와 축구 경기장의 배경. 3D 렌더링
Photo by alphaspirit/iStock via Getty Images

Investment Thesis

fuboTV (NYSE:FUBO) is an interesting sports-first live streaming platform. Currently, fuboTV's main source of revenue is subscription and advertisement revenue derived from subscribers. However, the company recently has been showing immense ambition

This article was written by

3.17K Followers
I am a young private investor seeking to find advice and knowledge through my journey in Seeking Alpha. I primarily focus on growth companies and the disruptive future they may bring. Through the rise of technological capabilities, I believe that the world will undergo a massive transition in the coming decade.

Analyst’s Disclosure:I am/we are long FUBO. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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