Fubo Gaming on Track to go Live in Iowa in Fourth Quarter
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Fubo Gaming on track to go live in Iowa in fourth quarter, while Prairie Meadows continues to fund grant program
Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc.(NYSE: FUBO), announced that it has received approval from the Iowa Racing and Gaming Commission (IRGC) to offer advance deposit online sports and horse wagering within the state of Iowa through a market access agreement with Casino Queen, reports Horse.bet. It marks an important next step in launching its mobile sportsbook, Fubo Sportsbook, which remains on track to go live in the fourth quarter 2021.
Once launched, sports bettors in the Hawkeye state will enjoy a new, innovative mobile sportsbook that will enhance their wagering experience through the “Watching Now” feature, an industry-first integration of sports wagering and live streaming with fuboTV.
Designed as a holistic, hyper-personalized betting experience reflecting what users are watching on fuboTV, Fubo Sportsbook intends to combine data from both the betting and streaming platforms. Leveraging fuboTV’s first-party user behavior data to understand consumers’ viewing preferences and recommend relevant bets, the company intends to turn passive viewers into active, engaged participants.
Scott Butera, president, Fubo Gaming, said, “As we enter the mobile sports betting market, we couldn’t be more excited to kick off this journey in Iowa. We thank the IRGC and Casino Queen for being the perfect partner in helping us cross the goal line and bring this sportsbook to the passionate sports fans of Iowa.”
He added: “We believe Fubo Sportsbook will provide an elevated sports entertainment experience that will bring increased interaction and engagement between sports viewing and betting. We are working with regulators in additional markets as we aim to truly innovate the gaming space.”
Fubo Gaming also has obtained market access agreements in four other states, including Arizona through a partnership with the Ak-Chin Indian Community, Pennsylvania via The Cordish Companies as well as in Indiana and New Jersey via Caesars Entertainment Inc.
You can sign up for a fubo.TV account, and be ready when the Fubo Gaming launches in late fall.
In other news from Iowa, Prairie Meadows recently approved a $2.5 grant for the Prairie Meadows’ Legacy Grant program.
Here is the press release from the site about the project.
In June, Prairie Meadows’ Board of Directors approved $2.5 million for Prairie Meadows’ Legacy Grant program. On September 30, the Board of Directors approved an additional $1.5 million in funds for Prairie Meadows’ Community Betterment grant program and their Youth Sports & Recreational grants.
One hundred and nineteen Community Betterment grants were awarded for a total of $1.25 million. Of those grants, Prairie Meadows was able to provide full funding for 35 projects in central Iowa. The Youth Sports & Recreational grant program is still in its infancy at Prairie Meadows. This program celebrates Iowan’s passion for sports and healthy living projects and initiatives. This year Prairie Meadows’ Board approved $250,000 for 20 sports and recreational projects in the area.
“We are so proud that we’ve been able to provide much needed support in our community with these grant dollars,” said Prairie Meadows President/CEO Gary Palmer. “The success of organizations like these are what make our community a remarkable place to live and work.”
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