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Fox's $6.5 Billion Gamble: Can the Media Giant Shake Up the Sports Betting Sector?

September 12, 2024

Fox's decision to invest $6.5 billion in FanDuel, a leading sports betting company, highlights the potential for significant synergies between the two companies. The investment, which represents an 18.6% stake in FanDuel, has the potential to generate substantial revenue and give Fox a competitive e

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