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Sports
March 3, 2025
ESPN Bet’s Future in Doubt as Penn Faces Mounting Pressure
Penn Entertainment’s (NASDAQ: PENN) ESPN Bet division could face an uncertain future next year if it fails to gain significant traction before the close of 2026. The sports betting venture, launched in partnership with ESPN, has struggled to establish itself as a serious contender in the highly competitive online gaming market. While Penn’s other gambling […]
Sports
January 15, 2025
Jason Kelce Hints ESPN Told Him to Pick MNF Bet
Earlier this week, Jason Kelce, the popular ESPN pundit, gave an unconvincing pregame pick ahead of Monday night’s playoff game that saw the Minnesota Vikings clash with the Los Angeles Rams. “They Told Me To” The analyst was part of the Monday Night Countdown crew. Each of the participants made their choice on ESPN Bet […]
Business
January 10, 2025
Hollywood Casino Unveils New ESPN BET Retail Sportsbooks at Two Locations
Hollywood Casino at Penn National Race Course and Hollywood Casino York today announced the official opening of their new ESPN BET retail sportsbooks, a significant milestone in the partnership between PENN Entertainment and the premier sports media brand. A ribbon-cutting ceremony will commemorate the grand opening at both locations this Saturday at 1 p.m. The […]
Sports
November 8, 2024
PENN Entertainment Remains Bullish on ESPN BET Despite Mixed Q3 Performance
PENN Entertainment announced its third-quarter results, showcasing stellar performance in retail revenues and ongoing challenges in the digital space. Q3 retail revenue reached $1.4 billion with an adjusted EBITDA of $472 million, surpassing earlier projections. However, the Interactive segment recorded a $91 million EBITDA loss on $141 million in adjusted revenue as PENN continues to […]
Industry
November 4, 2024
ESPN and ESPN BET Debut Account Linking
PENN Entertainment and ESPN announced that account linking between ESPN and ESPN BET is now a reality. This means that fans can now enjoy seamless betting experiences with less hassle. Enhanced Personalization Awaits The account linking allows existing consumers to link their ESPN BET and ESPN accounts. Thanks to that, users will now be able […]
Sports
September 24, 2024
ESPN BET Set to Launch Sportsbook in New York Following Regulatory Approval
ESPN BET, the sportsbook brand owned by Penn Entertainment, can now take sports bets in New York. The New York State Gaming Commission (NYSGC) gave them the thumbs up. This happened after Penn bought WynnBET’s license in New York for $25 million. Now ESPN BET can join the biggest legal sports betting market in the […]
Sports
September 11, 2024
Regulatory Delay Holds Up ESPN BET Launch in New York
ESPN BET’s New York launch faces a delay because of regulatory obstacles leaving PENN Entertainment to wait for the New York State Gaming Commission (NYSGC) to give the green light. PENN’s Deal for Wynn License Delays ESPN BET’s New York Debut The sportsbook was set to go live in late August, but its entry into […]
Sports
September 2, 2024
PENN Entertainment Ready for ESPN Bet NY Launch Within Weeks
The New York sports betting market has been eagerly anticipating the arrival of its newest member, ESPN Bet by PENN Entertainment. Sometime in August, company executives spoke about the end of the month as a probable launch date in the Empire State. However, things didn’t go as planned as the online sportsbook is still not […]
Sports
August 9, 2024
ESPN to Air “ESPN Bet Live” on Main Network Amid Growing Challenges
In a significant move for sports broadcasting, ESPN is set to air its live sports betting show, “ESPN Bet Live,” on its primary network for the first time. The program will debut with hour-long episodes on August 12 and 13, marking a major step in ESPN’s ongoing expansion into the sports betting sector. ESPN Bet […]
Sports
July 18, 2024
PENN Entertainment Outlines Layoffs in Penn Interactive
Much criticism has been heard about PENN Entertainment CEO Jay Snowden’s managerial style. From vituperations against his cushy pay package to fulminations over the incredulous sale of the Barstool Brand for $1 back to its controversial owner, David Portnoy, after forking out millions to acquire it, now PENN is preparing to lay off staff in […]