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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy 2024 will be a good year for Australian equities - Wilson Asset ManagementMatthew Haupt of the WAM Leaders fund discusses why he is cautious on the near-term prospects for Australian equities but is optimistic that they will perform well next year.
Persons: Matthew Haupt Organizations: Wilson Asset, WAM
As recently as August, Lachlan Murdoch described sports betting as "a huge opportunity" for Fox Sports, telling Wall Street it would fuel viewer engagement. The sports betting app Fox Bet is available in four states, with just 0.2% share of the U.S. market, according to researcher Vixio. A free version called Fox Bet Super 6 has attracted some 6 million users whom Fox hopes to eventually convert to gamblers. The growth of Fox Bet has stagnated since market-leading FanDuel's owner, Flutter Entertainment Plc (FLTRF.L), acquired Stars Group in 2020. The matter is the subject of an arbitration case and Lachlan Murdoch told investors a decision is expected imminently.
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