Fubo Sportsbook Leaves Arizona; What You Need To Know

By Martin Booth

Fubo Sportsbook Arizona announced October 17 that it has left the Arizona sports betting space.

From a company news release:

FuboTV’s expected preliminary results demonstrate a continued progression towards the company’s 2025 profitability targets. Given these goals, the company has now completed its previously announced strategic review of the Fubo Gaming business. While multiple parties expressed interest in the business, none of these opportunities would have allowed Fubo to lower its funding requirements and generate sufficient returns to shareholders. As a result, FuboTV will close its Fubo Gaming subsidiary and cease operation of its owned-and-operated Fubo Sportsbook effective immediately.

FuboTV’s strong preliminary third quarter 2022 results reflect meaningful advancements against our continued mission to profitably scale a leading global live TV streaming platform differentiated by the greatest breadth of premium content and interactivity,” said David Gandler, co-founder and CEO, FuboTV. “We expect to deliver strong revenue and subscriber growth in Q3, exceeding our previously issued guidance in North America, against the backdrop of a highly competitive operating environment. We’re pleased with this expected performance, and our progress toward achieving our positive cash flow target in 2025. Following our previously announced strategic review, we have concluded that continuing with Fubo Gaming and Fubo Sportsbook in this challenging macroeconomic environment would impact our ability to reach our longer term profitability goals. Therefore, we have made the difficult decision to exit the online sports wagering business effective immediately.

Best Alternatives To Fubo Sportsbook In Arizona

Here are some top replacement options for Fubo Sportsbook, which has gone out of business.

To take best advantage of sign-up bonuses, consider signing up for accounts with multiple operators.

Did I Lose My Money In My Fubo Account?

No, the funds are still yours. To withdraw funds, visit the Fubo Gaming website through November 17, 2022. On that date, any remaining finds will be returned to you via a check mailed to the address on file for your account. The check may take 7-14 business days to arrive at your address. VIP Preferred (ACH) is available to eligible customers.

Offers

Is Fubo Going To Return My Money?

All funds deposited and not yet wagered as well as any winnings will be returned. You can request a withdrawal online by logging into your account, or you can request a physical check through Customer Support.

 

The Fubo Sportsbook Site Is Offline; How Do I Request A Withdrawal?

The site was undergoing maintenance on October 17 but will be brought back online to allow for withdrawals of any funds you have deposited, but not yet wagered.

What Will Happen To My Open Wagers?

Wagers will settle as provided in Fubo Gaming House Rules. If your wager settles as a win after November 17, 2022, a check for the winnings will be sent to your home address on file. 

Did FuboTV Go Out Of Business?

No. FuboTV is fully operational and there is no impact to FuboTV subscriptions as a result of Fubo Gaming operations ending.

When Did Fubo Launch In Arizona?

Fubo Arizona went live in December 2021, but ceased operations in the Grand Canyon State in October 2022.

Fubo Arizona Sportsbook FAQ

  • ACH Transfer
  • Paysafecard
  • Skrill
  • Bank Transfer
  • Check
  • VISA
  • MasterCard

Contributors

Martin has reviewed sports betting sites and online casinos from all around the world including all the top brands in Canada. An expert at picking out exactly what sets each app apart, Martin is our go-to source when it comes to informing our readers on what the top betting apps and casino sites have to offer in Arizona.

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