Fox Sports No Longer Carrying Offshore Odds Following News of Stars Group Deal
Almost immediately after Fox Sports announced Wednesday it was investing $236 million in The Stars Group as part of a partnership to launch a new online sports betting service, offshore odds on the Fox Sports site mysteriously vanished.
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The comparative sports odds you see on sites like Yahoo, SBNation and, until recently, Fox Sports, are aggregated and licensed by OddsShark. These include Bovada and 5Dimes.
SBNation still displayed the Bovada and 5Dimes odds. Yahoo Sports displays odds from Stats Inc.
Upon landing on the Fox Sports page one sees the dreaded message:
“Oops! We’re undergoing maintenance. During this time, you may notice inaccurate or missing data. We apologize for any inconvenience.”
The announced deal includes Fox Sports pushing a new real money sports betting app, Fox Bet, as well as a free-to-play platform. Both are expected to debut ahead of the 2019 NFL season.
Fox Sports will most certainly want to use the Stars Group odds.
It wasn't immediately clear if Fox Sports would be required to obtain a license in the state of New Jersey.
CalvinAyre.com suggests they won't need to.
While the partnership requires TSG (The Stars Group) to pay a variety of affiliate and licensing fees to Fox, TSG CEO Rafi Ashkenazi emphasized that there was no revenue-sharing component, which spares Fox the pain of having to apply for gaming licenses in the states where real-money betting is active.
- Aaron Goldstein, Gambling911.com