Former ESPN executive joins Penn Entertainment as head of theScore (Updated)
"I’ve long admired what theScore has been able to build and achieve in the incredibly-competitive landscape of mobile sports apps."
"I’ve long admired what theScore has been able to build and achieve in the incredibly-competitive landscape of mobile sports apps."
Long live ESPN Bet.
"They paid a lot of money to get results — big results from ESPN — and they weren't even close."
Many notable editors and writers at theScore announced that they were laid off.
With ESPN possessing the ability to opt out the deal, it's going to be a critical few months for the Penn Entertainment product.
ESPN Bet and PENN Entertainment are facing a fine or potential loss of license as a result of the investigation.
ESPN Bet is still struggling to get off the ground and its partnership with Penn Entertainment may be living on borrowed time.
“ESPN is taking an important approach to responsible gambling messaging, supported by behavioral science research."
ESPN Bet branding is coming to more of Penn's brick-and-mortar sportsbooks.
"We were doing the same thing with ESPN that we did with Barstool: we relied on the name and it didn’t work."
While ESPN Bet's financials don't set the world on fire, their customer base would be a nice addition to FanDuel's numbers
Penn stock jumped nearly 10% on the news.
The PGA Championship becomes the first men's golf major to establish an official sports betting sponsor.
"Our financial results were impacted by lower-than-expected hold and spend per user."
ESPN BET Live, the First Draft podcast, Unsportsmanlike Conduct, and Greeny will broadcast from the new book this week.
“Investors were bracing for a wide range of interactive losses, but the magnitude of the absolute dollar value is, we think, surprising."
Penn Entertainment, which owns and operates ESPN Bet, has purchased WynnBet's mobile sports gambling license in New York for $25 million.
"I'm also not surprised to see ESPN do this."
Penn Entertainment CEO Jay Snowden opened up about the company's partnership with ESPN and the launch of ESPN Bet.
After partnering with Penn Entertainment, we finally have a launch date for the brand new ESPN Bet sports betting platform.
"They should have bought DraftKings. They should have been on the ground floor."