Fox investing $236 million in a sports betting app is a bold move, but these shortcuts haven’t historically worked

Fox investing $236 million in a sports betting app is a bold move, but these shortcuts haven’t historically worked

In case you missed it last week, Fox Sports has plunked down $236 million to launch a betting app called Fox Bet. If that number blows your mind, keep in mind that was only for a 5% stake in The …