![]() The Cavaliers have 10 days to notify the Ohio Casino Control Commission of any changes to their application - and essentially pick a new partner. We will proceed accordingly after gathering more information,” the Cavaliers said in a statement. “We are currently reviewing our mobile sports betting partnership with Fubo Gaming and FuboTV. ![]() In Ohio, Fubo had partnered with the Cleveland Cavaliers to run one of the team’s two allowed mobile sports betting skins. It’s unclear what will happen to pending licenses in planned states. It launched in New Jersey a few months later– with designs on Ohio by next year.Īfter failing to find a buyer for the sports betting infrastructure it bought from Vigtory, Fubo cut its losses and reported over $100 million in losses from the short-lived venture. The app had operated exclusively in Arizona and Iowa since late 2021. Ohorilko also said Fubo has over $150,000 outstanding Iowa patron liability. We’re trying to figure out how long that brief period of time is,” Ohorilko said. “They indicated apps would be shut down for a brief period of time while they disabled the ability to bet, then users will have 30 days to withdraw funds and and checks will be mailed for future bets. “I don’t have any further information to share at this time.”īrian Ohorilko, an administrator with the Iowa Racing and Gaming Commission offered some insight into when users might expect their money back. We are working with necessary parties to make sure players and their existing accounts will be appropriately handled,” Jennifer Press, senior vice president of communications for Fubo TV, told the Action Network. “Effective immediately, Fubo Sportsbook is no longer taking bets. ![]() Users with the app downloaded on their phones will find an error message from and no information from Fubo on when, if or how they’ll be able to withdraw funds or what happens to pending bets. Fubo Sportsbook is no longer taking bets after its parent company halted gaming operations Monday.Ĭustomers can’t get money out of their accounts either.
0 Comments
Leave a Reply. |