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home / news releases / FUBO - Sports betting starts in Connecticut as other states also look to push forward

FUBO - Sports betting starts in Connecticut as other states also look to push forward

fuboTV Inc.
Sports betting continues to pick up momentum as more states look to bring in revenue to meet budget demands. Online sports betting and online gaming officially launched yesterday in Connecticut for DraftKings (NASDAQ:DKNG), Flutter Entertainment's (OTCPK:PDYPY) Fanduel and Rush Street Interactive (NYSE:RSI). Bank of America analyst Shaun Kelley updates that regulators in New York have determined a final tax structure for sports betting company bidders that features a top potential tax rate of 64% and a minimum threshold of 50%. The deadline for proposals is on October 25. Retail sports betting in Louisiana is slated to commence in the coming weeks and online sports betting in the first half of 2022. Meanwhile, there is a push in Illinois for dropping the in-person registration requirement. Sports betting legislation efforts in Maryland and Massachusetts are going slower and appear unlikely until 2022. Meanwhile, legal fighting is keeping a deal in Florida with

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Sports betting starts in Connecticut as other states also look to push forward
Stock Information
Company Name: fuboTV Inc.
Stock Symbol: FUBO
Market: OTC
Website: fubo.tv
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