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Penn Entertainment plans to rebrand its sportsbook as part of a $2 billion deal with ESPN. This deal comes at an interesting time for Disney, which owns ESPN, and has been struggling with its linear T
Joe Pompliano, Sport Business Analyst, joins 'Last Call' to talk the PENN-ESPN deal, why Penn's stock is lower and what the future of the partnership could look like.
There were quite a few things to like about Disney's (DIS) fiscal third-quarter results on Wednesday which sent shares higher before cooling off in Friday's trading session.
Shares of PENN  Entertainment (NASDAQ: PENN ) stock are in the red after the company filed a prospectus settlement for the resale of up to 1.25 million shares. The “Selling Shareholder” section o
When Penn Entertainment Inc. announced plans on Tuesday to launch an ESPN-branded online sports-betting service, shares of the casino operator initially rallied. But afterward, some Wall Street analys
Truist Securities analyst Barry Jonas downgraded his rating of Penn to Hold from Buy.
PENN Entertainment's (PENN) second-quarter top line benefits from solid performance in the Interactive segment.
With the ESPN and Penn Entertainment deal, Disney is officially entering the world of sports betting.
In February 2020, casino operator and online betting company Penn Entertainment Inc. took a 36% stake in Barstool Sports for $161 million. This year, Penn bought the rest for $388 million.
Penn Entertainment (PENN) stock is up on the news of the company's sports betting deal with ESPN (DIS). Yahoo Finance's Josh Schafer joins the Live show to discuss the sports betting market, whether t
Barton Crockett, senior analyst at Rosenblatt Securities, and David Katz, managing director at Jefferies, join 'Power Lunch' to discuss media and sports betting after ESPN's plan to launch branded Spo
PENN Entertainment shareholders celebrated after the entertainment company announced on Tuesday it would partner with Disney's ESPN to create a sports betting company.
ESPN just struck a $1.5 billion deal with Penn Entertainment to rebrand Barstool Sportsbook as ESPN Bet. ESPN will buy $500 million in shares of Penn, and sell its stake in Sportsbook back to founder

Going Viral: ESPN Gets Into Sports Betting

02:22pm, Wednesday, 09'th Aug 2023
Disney's ESPN has signed a long-term exclusive agreement with casino operator Penn Entertainment, licensing its brand for sports betting and deepening the media giant's ties to the growing online gamb
CNBC's Julia Boorstin joins 'The Exchange' to discuss Disney's upcoming earnings report, a decline in Disney's Florida theme park performance, and ESPN's $2 billion investment into Penn entertainment
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