ESPN and Penn Entertainment terminated their $2 billion sports betting partnership after just two years due to poor market performance. ESPN immediately announced a new multiyear partnership with DraftKings, which will become the exclusive sportsbook and odds provider starting December 1. DraftKings stock surged 8% … Read more
The NCAA has modernized its belief on college athletes’ participation in pro sports betting. However, sports media continues to struggle with drawing the lines between endorsing and entertainment. INDIANAPOLIS – The NCAA Division I Administrative Committee adopted a proposal that would allow student-athletes and athletic … Read more
ESPN announced $30 monthly streaming service updates that will allow users to track their bets and watch them live from the platform. BRISTOL, Conn.- ESPN chairman Jimmy Pitaro announced updates for ESPN and sports bettors in a press conference recently. ESPN is now offering full access … Read more
This article has been edited to fix a correction. The term “rebrand” was originally used, while FanCenter is a new feature within the ESPN Bet Sportsbook app. The new ESPN Bet upgrade will provide users with faster parlay options and personalized content. BRISTOL, Conn. – … Read more
As a bipartisan issue, Senators Mike Lee and Peter Welch wrote to the Federal Trade Commission asking for an investigation into DraftKings and FanDuel – two sportsbook operators who control over three-fourths of the US betting market. The sportsbooks faced a similar request a decade … Read more
ESPN BET launched their first retail sportsbook in Detroit on Wednesday, just in time for the 2024 NFL Draft. The sportsbook is located at the Hollywood Casino at Greektown. ESPN analysts and talent will be at the venue throughout the week to live-air various ESPN … Read more
ESPN BET will soon operate in New York after striking a deal with Wynn Interactive for $25 million. PENN Entertainment’s ESPN-branded sportsbook currently operates in 17 states. Pending regulatory approvals, ESPN BET will launch in New York in 2024. NEW YORK – ESPN BET is … Read more
ESPN BET will partner with Quail Hollow Club for North Carolina sports betting market access. The deal makes ESPN BET the exclusive betting operator of the Wells Fargo Championship; a PGA Tour event located at Quail Hollow Club. North Carolina sports betting will launch sometime … Read more
ESPN Bet will launch on Tuesday with an exact launch time undetermined. Penn Entertainment and ESPN’s sports betting product launches replace Barstool Sportsbook in 17 states. Some state commissioners raised concerns over the betting influence that ESPN on-air personalities could have. BRISTOL, Conn. – ESPN … Read more
ESPN Bet will launch on Nov. 14 across 17 states. PENN Entertainment CEO Jay Snowden made the announcement on Wednesday, with ESPN confirming the planned launch date. ESPN will preview their sports betting product at the ESPN Edge conference on Nov. 9. BRISTOL, Conn. – … Read more
The Vermont Department of Liquor and Lottery received five applications from sports betting operators. BetMGM, DraftKings, ESPN BET, Fanatics, and FanDuel all applied for an online sports betting license in Vermont. Legal Vermont sports betting is expected to launch in January 2024. MONTPELIER, Vt. – … Read more
The Kentucky Horse Racing Commission approved temporary licenses for seven sportsbook operators and seven racetracks on Tuesday. Every Kentucky applicant, including Penn Entertainment’s ESPN BET, received temporary licenses. Retail sports betting launches on September 7 and mobile sports betting launches on September 28. FRANKFORT, Ky.– … Read more