penn entertainment Archives

Disney Announces Sale of Stake in DraftKings Just One Day After Revealing ‘ESPN BET’

August 9, 2023August 9, 2023

The Q3 2023 earnings report released today for The Walt Disney Company has revealed Disney is selling their stake in DraftKings, just one day after announcing their plans to enter the sports betting market on their own with ‘ESPN BET.’ Disney Sells Stake in DraftKings The announcement of the sale was included in the “Other … Read more

BREAKING: Disney Entering the World of Sports Betting with ‘ESPN BET’ PENN Entertainment Partnership

August 8, 2023

In a recent press release from The Walt Disney Company, it’s been announced that PENN Entertainment’s existing sportsbook will be rebranded as “ESPN BET” in a new partnership between the two entities. This marks a major shift in Disney’s involvement with legal betting, as well as the sports entertainment industry’s investment in the practice in … Read more