Sports betting customers in the U.S. will soon have two new choices from companies hoping to slice into the market dominated by FanDuel and DraftKings.
Fanatics Betting and Gaming, a division of the sports apparel giant, has launched a sports betting app in five states with eight more on the way through its $225 million purchase earlier this year of Australia-based PointBet’s U.S. operations.
ESPN Bet will begin operating in 16 states in November after Penn Entertainment scrapped its Barstool Sports-branded sports betting operations for a 10-year, $1.5 billion deal with ESPN.
Just don’t look for either business in Nevada. As with FanDuel and DraftKings, Fanatics and ESPN Bet will not be available anywhere in the Silver State.
