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Monumental Sports & Entertainment, PENN Entertainment Agree to Multi-Year Sports Betting Partnership

PENN Entertainment and Monumental Sports (MSE) are bringing ESPN BET to the Washington, D.C. market. Under the multi-channel agreement, and subject to regulatory approvals, Penn secures online market access for ESPN BET in the D.C. area. ESPN BET also becomes an official sports betting partner of MSE and its teams, including the Washington Capitals (NHL), Washington Wizards (NBA), and Washington Mystics (WNBA).

“We are thrilled to join forces with PENN Entertainment and align with ESPN BET, a leading brand across the sports and entertainment landscape,” said Jim Van Stone, president of business operations and chief commercial officer at MSE. “This partnership furthers our collective commitment to offering fans unique, cutting-edge experiences that reflect the future of sports entertainment, with ESPN BET’s innovative platform adding a new layer of engagement for our fans, both inside and outside the arena.”

The collaboration between MSE and ESPN BET will include prominent in-arena and media components, including features in Capitals and Wizards game broadcasts on Monumental Sports Network (MNMT). In addition to custom broadcast integrations, the partnership promises:

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  • IP Rights for MSE, Capitals, Wizards, and Mystics for both ESPN BET and Hollywood Casino at Charles Town Races
  • In-Arena and TV-Visible Signage
  • Out-of-Home Advertising
  • Commercial Schedule across Monumental Sports Network
  • Unique Hospitality and Experiences

“We are proud to partner with Monumental Sports and its teams to unite the energy of D.C. sports with our world-class platform,” said Aaron LaBerge, chief technology officer of PENN Entertainment. “This deal expands our footprint in the region, further connecting ESPN BET with one of America’s most passionate sports communities. Our presence alongside the Capitals, Wizards, and Mystics positions ESPN BET at the center of the action where sports, technology, and fan experience converge.”

ESPN Bet is not yet available to download in the Washington D.C. area. Stay tuned for an official announcement.

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