Four months ago, Fox Corp. made an announcement that they would open their own sports betting website and company. Yesterday, Fox made it a reality with Fox Bet. Thus, the news where Fox Bet Launches Sports Betting Platform and App in New Jersey is not a surprise. This is because New Jersey is at the moment one of the best State for a sportsbook to get its start.
With this launch, Fox Sports is the first media company to have a sports betting partnership with its own platform. This is because they own 4.99% of Star Group Inc. and have access to their sports betting software and platform.
However, the Fox Bet sportsbook and sports betting app is different than their competition. This is because it also offers Fox Sports Content like instant scores, stats, alerts and odds updates. In addition, their app also gives expert insight and hall-of-fame commentaries.
Fox Bet Launches Sports Betting Platform with High Hopes
Gambling Industry analysts believe that the Fox Corporation is taking big risk with Fox Bet. The most obvious reason is because it could damage their brand if it becomes disreputable. However, Fox executive seem to believe it is worth the risk and are looking forward to see results.
Furthermore, Fox Sports does have experience since their owner, Robert Murdoch has experience in entering the sports betting market. At the moment, their target market is for recreational bettors and small bets.
The Fox Bet App is now available for download in NJ and offers a wide range of sports betting events. These include live sports wagering on football, baseball, soccer and basically betting on all major sporting events for real money. In addition, the Fox Bett App is also available on the PokerStars desktop client software.
According to their website, they have cash bonuses available for first time depositors. However, no rules or restrictions are available for their bonuses and promotions.