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Technology

Chris Katje

EXCLUSIVE: Cathie Wood’s Sports Betting Gamble — DraftKings Or Penn Entertainment?

DraftKings Penn Entertainment Penn ESPN Bet Entertainment ESPN United States Ark Invest Disney Fanduel

The sports betting world was shocked in August when PENN Entertainment announced a licensing deal with The Walt Disney Company to launch ESPN Bet in the fall. PARAS GRIFFFIN/GETTY IMAGES

The sports betting world was shocked in August when PENN Entertainment (NASDAQ: PENN) announced a licensing deal with The Walt Disney Company (NYSE: DIS) to launch ESPN Bet in the fall.

In an exclusive interview on “The Raz Report,” Ark Invest CEO and founder Wood discussed her views on DraftKings’ upcoming launch of ESPN Bet this fall.

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