Fox and its partner, FanDuel owner Flutter Entertainment, said that they will shut down the Fox Bet service four years after launching it. The shut down will be done in phases, but will be completed by the end of August.
Fox entered the betting space in 2019, a year after the U.S. Supreme Court opened the door to legalized betting in Murphy vs. NCAA. Fox Bet offered both free games , which it offered nationwide, and sought gambling licenses, which it received in Colorado, New Jersey, Michigan, and Pennsylvania.
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