FuboTV Shares Gain On Sports Betting Deal Wins

FuboTV Inc's FUBO Fubo Gaming won the Arizona Department of Gaming's license to offer mobile event betting.
The sports streaming company recently gained online sports betting approval in Iowa.
The accomplishments mark a significant score for the company, aiming to launch its sports betting-focused mobile sportsbook, Fubo Sportsbook, in Q4 of 2021.
Facebook Inc FB is also attempting to enter the hot market.
Price Action: FUBO shares traded higher by 2.96% at $30.61 in the premarket session on the last check Friday.