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The Latest Breaking News from ESPN Bet

Barstool Sports CEO calls failed sports betting partnership with Penn 'predictable'

CEO Erika Nardini thinks Penn and ESPN have a chance to form a great partnership.

The Street

Why Amazon would choose to purchase ESPN according to an investment firm CEO

ESPN has been looking for a strategic partner.

The Street

Disney and ESPN bet big on entering gambling arena – but will they win?

The biggest name in US sports broadcasting has graduated from covering gambling to promoting it in an about-face for Bob Iger and a sign of turbulent times

The Guardian - US

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read the most diverse news in one place.

ESPN reportedly wanted about two times more than it actually got in the ESPN Bet deal with Penn Entertainment

Penn is still paying ESPN about $2 billion.

The Street

PENN vs. DKNG: Which Stock is a Better Bet?

With the sports betting stock battle heating up, which company should investors place their chips on now: Disney's new partner Penn Entertainment, or stock market standout DraftKings?

Barchart

Disney CEO Bob Iger Says ESPN Bet Had Multiple Suitors Before The Penn Partnership

The sports betting sector was rocked when PENN Entertainment said Tuesday it's partnering with The Walt Disney Company.

Zenger

Former MLB exec explains why ESPN Bet is a "win" for ESPN and Dave Portnoy

David Samson spoke on "The Dan Le Batard Show" about the ESPN Bet deal.

The Street

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Dave Portnoy buys back Barstool Sports for just $1, while Penn Entertainment spends $1.5 billion on an ESPN partnership called the 'white whale' of sports betting deals

Penn Entertainment upgrades from Barstool Sports to ESPN as it continues its strategy of partnering with sports media brands to promote its sports betting operations.

Fortune

What the ESPN Bet deal could mean to the sports media and betting industries

TheStreet spoke with industry experts to see how ESPN Bet could change sports.

The Street

ESPN enters world of sports betting with $1.5 billion deal with Penn Entertainment

Penn will operate ESPN Bet, which ESPN has agreed to promote across its online and broadcast platforms in order to generate “maximum fan awareness” of the app.

Chicago Sun-Times

Dow Jones Rises With 9 Big Earnings Movers; Roblox Crashes 21% On Earnings

The Dow Jones rose Wednesday morning, with nine big earnings movers. Roblox crashed 21% on weak earnings results.

Investors Business Daily

ESPN strikes $1.5B deal to jump into sports betting with Penn Entertainment

Disney-owned ESPN has licensed its brand for use in a sports betting app, striking a deal in which it will receive $1.5 billion and other considerations from Penn Entertainment

The Independent UK

ESPN-Penn Sportsbook Deal: PENN Stock Soars, DraftKings Tumbles

Penn Entertainment soared on news of an ESPN-Penn sportsbook deal. Online sports betting leader DraftKings fell sharply.

Investors Business Daily

ESPN dives deeper into sports betting through landmark Penn partnership

As part of the deal with Penn Entertainment, Dave Portnoy reclaims control of Barstool Sports, the company he founded.

The Street

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TV Tech

ESPN Inks Deal to Launch ESPN Bet

The agreement with Penn Entertainment will see Penn rebrand its sportsbook and relaunch it as ESPN Bet in the fall

Multichannel News

ESPN Puts Brand on Sportsbook in $2 Billion Deal With Penn Entertainment

ESPN Bet will get promotion from sports network’s platforms and talent

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