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The Latest Breaking News from ESPN Bet

New York Sportsbooks reported a $489.1 million handle for the week ending on Nov. 24

Since sports betting was legalized in 2018, New York has been one of the most profitable markets in the United States.

SportsCasting

Fanduel network shows an industry bought and paid for by gambling

Amid the normalization of gambling, betting companies are resembling broadcasters and vice versa – and coverage is rapidly becoming a tangled web of vested interests

The Guardian - US

In October, New York Sportsbooks saw its revenue decline by 13.9% month-over-month

The New York Gaming Commission announced a record $2.3 billion handle for October 2024.

SportsCasting

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Where Penn Entertainment's new CTO places his bets

Aaron LaBerge moved to Penn Entertainment this summer to spearhead the company's efforts integrating its betting technology across Disney's ESPN, and to bring Disney-like tech magic to the online gaming business.

Fortune

ESPN releases its over/under for the 2024-25 Lakers

Is ESPN BET's over-under in wins for the Lakers too low, too high or just about right?

USA Today Sports Media Group

ESPN could face major changes to its sports betting app

ESPN Bet's 2023 launch came just months after ESPN partnered with Penn Entertainment.

The Street

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships

The Independent UK

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Betting on Kyle Larson’s attempt at the Memorial Day Double? Read your house rules closely

There are a lot of ways to get your Kyle Larson bets voided this weekend.

USA Today Sports Media Group

Aaron LaBerge Joins PENN Entertainment at CTO

PENN operates ESPN Bet; LaBerge had been president and CTO for Disney Entertainment and ESPN

TV Tech

Top ESPN host's gaffe pushes network's ethics on gambling into the spotlight

The subject of sports gambling is gets even more murky as the top network has embraced it.

The Street

DraftKings Stock Reverses After Mixed Q4 Results, $750 Million Lottery Takeover

DraftKings pared early losses Friday after Q4 revenue fell just short of views. The betting company announced a lottery acquisition.

Investors Business Daily

Taylor Swift's High School Connection: NASCAR Driver's Yearbook Wish

Read about Josh Berry's high school memories of Taylor Swift, the partnership between Daytona International Speedway and Hard Rock Digital, NASCAR's testin...

Top News

DraftKings Rides Super Bowl Gambling Wave, New Barstool Sports Deal Into Q4 Earnings

DraftKings reports Q4 earnings late Wednesday after record Super Bowl betting interest, a new Barstool Sports deal. DKNG stock is extended.

Investors Business Daily

DraftKings Teases Breakout On Barstool Sports Deal Rumors

DraftKings reportedly is near an online betting deal with Barstool Sports.

Investors Business Daily

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The Street

Major sports brand makes a huge move to take on Disney

Disney has a steep road to climb if it wants to create a market in this space.

Kiplinger

ESPN Debuts Betting App; Eyes Streaming Service Launch In 2025

ESPN has launched a betting app to reach more sports fans and dropped news that a standalone streaming service is coming in 2025.

Investors Business Daily

DKNG Stock: DraftKings Hoists Outlook On Rapid Growth; PENN Stock Rallies On ESPN Bet Launch

DKNG stock climbs after DraftKings hikes outlook on rapid gambling growth. PENN stock rallies after ESPN Bet launch. Disney stock climbs.

The Independent UK

ESPN Bet, a rebranded sports gambling app from Penn Entertainment, is almost here

ESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch Tuesday

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The Street

Top analyst believes ESPN may have left billions on the table after a recent move

He called ESPN's new move a "Hail Mary" for the company.

Investors Business Daily

Disney Stock Leaps On Earnings, Dow Giant Lifts Cost-Cutting Goal To $7.5 Billion; Rival Dives On Results

Dow Jones media giant Disney beat earnings and streaming forecasts for Q4 results, gets more aggressive on cost cuts.

TV Tech

ESPN BET Plans Nov. 14 Launch

Subject to final regulatory approvals, ESPN BET will go live in 17 states on that day

The Street

ESPN is jumping into sports betting this month; these states can bet

Seventeen states will have access to the betting platform upon launch.

Multichannel News

ESPN BET Set To Launch Nov. 14

Teaser spots feature ‘SportsCenter' anchor Scott Van Pelt

Investors Business Daily

Disney Stock Rises On Plan To Buy Remaining Hulu Stake For $8.61 Billion. ESPN BET To Go Live

Disney stock climbs Thursday. The Dow giant plans to buy the remaining Hulu stake for $8.61 billion, reveals date for ESPN Bet sportsbook launch.

Zenger

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

Sports betting world was shocked when PENN Entertainment announced a licensing deal with Walt Disney Company to launch ESPN Bet

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