both in the US and abroad<\/a> — and applying its name directly to a sportsbook operation isn’t a far-flung concept, as some rivals are mulling similar moves.<\/p>\nHow that effort takes shape remains to be seen, because it doesn’t control the FOX Bet brand. Flutter CEO Peter Jackson previously called that business \u201cstruggling,\u201d noting it makes up a small percentage of the company’s US revenue relative to FanDuel.<\/p>\n
It’s possible the media company could purchase Flutter’s FOX Bet interest. But no public confirmation has been made to that effect. FOX Bet is one of the NFL’s official sportsbook partners.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Media giant Fox Corp. (NASDAQ:FOX) landed an upgrade today from UBS on the broadcasting giant’s sports betting potential, which may not be fully appreciated by investors at this point. In a note to clients today, UBS analyst John Hodulik lifts his rating on Fox to \u201cbuy\u201d from \u201cneutral,\u201d while boosting his price target on the […]<\/p>\n","protected":false},"author":46,"featured_media":199006,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1074],"tags":[],"acf":[],"yoast_head":"\n
Sports Betting Could Be Catalyst For Fox Shares, Says Analyst<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n