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Benzinga
Benzinga
Business
Chris Katje

Could Sports Betting And The Metaverse Be Two Large Catalysts For Disney?

Media giant Walt Disney Co (NYSE:DIS) highlighted the growth of its Disney+ streaming platform and for its parks segment when it reported first-quarter financial results. Investors also got insight from Disney CEO Bob Chapek about two new potential growth items for the company during Disney’s earnings call.

What Happened:  “We believe the opportunity for the Walt Disney Company goes well beyond these channels. It extends to sports betting, gaming and the metaverse,” Chapek said.

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