ESPN Bet acquires WynnBet’s mobile sports gambling license in New York
Penn Entertainment, which owns and operates ESPN Bet, has purchased WynnBet's mobile sports gambling license in New York for $25 million.
Penn Entertainment, which owns and operates ESPN Bet, has purchased WynnBet's mobile sports gambling license in New York for $25 million.
"Barstool has been a great partner and we are thankful to Dave Portnoy, Erika Ayers, Dan Katz and their team for helping to rapidly scale our digital footprint across 16 jurisdictions in the U.S. and introducing their audience to our retail and digital products."
The deal values Barstool Sports at $606 million.
"Key to our strategy is integrating theScore media app with Barstool Sportsbook, which we’re currently working towards."