Disney Embraces Sports Betting, New Initiatives For ESPN

Disney - ESPN+ - Sports Betting

Disney tells investors at a conference that they will be leaning in on sports betting and fantasy sports to boost their ESPN+ streaming platform. ESPN has partnered with Caesars Entertainment and William Hill sportsbook in a multi-year deal. Disney believes sports betting will attract a … Read more

Disney Owns 6% Of DraftKings Stock From FOX Acquisition

Disney Shares In DraftKings

The Walt Disney Company owns 6% of DraftKings stock after the company was listed on the NASDAQ exchange last week. DraftKings stock ticker for the NASDAQ is DKNG. Currently, DraftKings shares are going for $20.12 on the stock market. ORLANDO — The daily fantasy sports … Read more

TV Broadcasters, Networks Betting Big On U.S. Sports Gambling

Networks embrace growing U.S. sports betting industry

Sinclair Broadcasting recently agreed to acquire 21 regional sports networks and Fox College Sports from The Walt Disney Co. for $10.6 billion. ESPN previously signed a partnership with Caesars Entertainment to run it’s ‘Daily Wager’ program. There are currently 11 states with active sportsbooks and … Read more