Tag: ESPN
Why Penn Entertainment’s split from ESPN was inevitable
Marketing firm Hot Paper Lantern’s Chief Executive Ed Moed argues that ESPN failed to leverage its brand to differentiate ESPN Bet from... more
Wall Street Bets: DraftKings, Golden Entertainment, Penn, Red Rock Resorts, Caesars, Genius Sports
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. DraftKings lowers guidance Barry Jonas of... more
From Barstool to ESPN: The timeline of Penn Entertainment’s sports betting journey
A once-promising partnership between sports media company ESPN and gaming operator PENN Entertainment came to an end on Thursday. The two... more
DraftKings earnings call focuses on prediction markets and how new partnership with ESPN can be leveraged
DraftKings and ESPN on Thursday announced a partnership that will make DraftKings the sole official sportsbook and odds provider for ESPN,... more
DraftKings reaches agreement to become official sportsbook and odds provider for ESPN
It didn’t take ESPN long to pivot from the termination of its agreement with Penn Entertainment. ESPN on Thursday morning announced an... more
Penn Entertainment and ESPN terminate agreement; operator’s OSB business to rebrand at theScore
Penn Entertainment’s earnings calls have been known to include breaking news. Whether it’s an agreement to buy Canadian-based theScore... more
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
