Tag: Penn Entertainment
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Peter King: ‘ESPN is Virtuous Until It Sees Money in Being Un-Virtuous’
“In 10 years, Gamblers Anonymous will have more people to counsel than Alcoholics Anonymous.”
Stugotz: ESPN Doesn’t Care if Penn Partnership ‘Works Out’
“I have great respect, I really do, for what Barstool has done in a short period of time. It's not ESPN. This is ESPN. The games are on ESPN.”
ESPN Considering Banning Employees From Wagering with ESPN Bet
After Tuesday's landmark announcement that ESPN has partnered with PENN Entertainment to launch sportsbooks in the states the company currently holds licenses, many questioned...
Dave Portnoy Bought Back Barstool Sports For $1
PENN Entertainment lists losses of between $800-$850 million on the deal.
Bob Iger: ‘ESPN Launching Direct-to-Consumer Product Not a Matter of If, But When’
"It’s interesting to note that ratings continue to increase on ESPN’s main linear channel even as cord cutting has accelerated."
ESPN, Penn Entertainment Deal Has Performance Incentives Worth Estimated $159M
The casino operator is paying $1.5 billion over the 10-year term with the right to extend the contract for another decade upon mutual agreement.
The Smart Money Was On ESPN Going All-In on Sports Betting
ESPN tried to launch their own mobile company, for Pete’s sake. It obviously wasn’t going to let the billion dollar sports betting industry just pass it by.
ESPN, PENN Entertainment to Launch Sportsbook This Fall
"The strategy here is simple: to give fans what they’ve been requesting and expecting from ESPN."
Dave Portnoy Re-Purchases Barstool Sports From PENN Entertainment
"We got denied licenses because of me, you name, it, so the regulated industry is probably not the best place for Barstool Sports and the type of content we make."
Dave Portnoy: I Trust Penn Entertainment as Much as Ever
"Dave Portnoy is still an employee of Penn Entertainment. However, he has said publicly that he is unsure if the arrangement will continue after his contract expires in 2025."