Tag: ESPN
Illinois: ESPN Bet moves to $1 sports wagering minimum
The PENN Entertainment-owned sportsbook operator adjusted its minimum wagering limit in response to the new per-bet tax in Illinois,... more
Wall Street Bets: Gaming stocks, IGT, Las Vegas Strip, New York OSB
Gaming industry overview Dan Politzer of J.P. Morgan on June 26 released an overview of gaming stocks: “Macau was one of the more... more
ESPN Bet faces make-or-break year for $2 billion Disney-Penn deal
The pressure is on Penn Entertainment to finally get sports betting right, as past failures, activist investors and expectations that the... more
Penn Entertainment earnings call yields no new information on ESPN relationship
During a wide-ranging earnings call Thursday morning for the first quarter, Penn Entertainment executives were asked myriad questions about... more
Penn: Sports betting ‘has not met our expectations’
Penn Entertainment told shareholders it is ready to improve its sports betting product, but made it clear it can pivot if necessary.... more
Penn Entertainment’s gamble on ESPN isn’t going as hoped
Sometimes the cards don’t always go your way. If anyone should know that it’s Berks County-based Penn Entertainment, one of the largest... more
Wall Street Bets: Penn Entertainment, igaming, Boyd, sports betting
Penn Entertainment outlook J.P. Morgan analyst Joseph Greff looked at prospects for Penn Entertainment in a January 23 statement: “We are... more
Penn Entertainment rebrands more retail sportsbooks with ESPN Bet
Casino and gaming operator Penn Entertainment has rebranding 10 more retail sportsbooks with its ESPN Bet brand, joining ESPN Bet... more
ESPN Bet’s new linking feature may help Penn in its quest for market share
There has been pressure on Penn Entertainment‘s product, ESPN Bet, to perform during this football season. Yet, with one full month of... more
Analyst lowers Penn estimate ahead of Q3 earnings report
J.P. Morgan analyst Joseph Greff reduced his third-quarter estimates of Penn Entertainment’s cash flow, due to preliminary Penn guidance... more
