10-Year Option
Additionally, Fox Sports within the next 10 years will have the right to acquire up to 50 percent of Stars Group’s U.S. business. Domestic sports betting, online casinos and poker could become a $9 billion revenue market by 2025 when wagers, sponsorship and advertising are all tallied up, Fox Sports CEO Eric Shanks in an interview.
Fox is “looking at betting as an additional pillar to their strategy,” Ashkenazi said. “What would be better than to have a media company with an aligned strategy?”
https://www.bloomberg.com/news/arti...-4-99-of-stars-group-starts-gambling-platform
Additionally, Fox Sports within the next 10 years will have the right to acquire up to 50 percent of Stars Group’s U.S. business. Domestic sports betting, online casinos and poker could become a $9 billion revenue market by 2025 when wagers, sponsorship and advertising are all tallied up, Fox Sports CEO Eric Shanks in an interview.
Fox is “looking at betting as an additional pillar to their strategy,” Ashkenazi said. “What would be better than to have a media company with an aligned strategy?”
https://www.bloomberg.com/news/arti...-4-99-of-stars-group-starts-gambling-platform
