Penn Entertainment’s ESPN Bet is growing quickly. If that growth continues, the operation is set to pose a serious challenge to the dominance of both DraftKings and FanDuel in the American market. This according to a survey from Truist Financial Corporation, a US-based bank holding company. That 2024 survey highlights the pivotal role of ESPN Bet as the ‘go-to app’ for sports scores, placing it as a strong potential contender in the sports betting industry. The data shows 44% of sports enthusiasts trust ESPN for scored, with 64% of those people interest in betting integration into the app. Additionally, over…

Today marked the grand opening of the new ESPN Bet branded sportsbook and restaurant at Hollywood Casino in Detroit, Michigan. Spanning 4,500 square feet on the upper floor of the casino, this sportsbook represents their inaugural retail location within the PENN Entertainment network. Boasting state-of-the-art betting kiosks, expansive big-screen TVs, a captivating 30-foot video wall, and an array of elevated bar food and drinks, the ESPN Bet sportsbook and restaurant promises an unparalleled sports viewing and betting experience. Situated amidst Hollywood Casino’s premium dining options, it adds another layer of excitement to the vibrant entertainment hub. John Drake, General Manager…

Get ready for the launch of ESPN Bet, at least in the seventeen states where the company operates. If you live in Arizona, Colorado, Iowa, Indiana, Kansas, Louisiana, Maryland, Michigan, Tennessee, Virginia, or West Virginia then be looking for the app to go live November 14th. Betting on sporting events is now legal in nearly forty states across America, but that doesn’t mean the app will work everywhere. Online sports betting must be regulated in the state where you live, and ESPN must have a license to operate there. However, if you don’t have access to ESPN Bet just yet,…

Last week at the Global Gaming Expo, we got an update on the launch of ESPN Bet. The CEO’s of Penn Entertainment and ESPN provided details on the sports betting project, and confirmation that there are still plans to have the app up and running by next month. The companies originally announced this as a rebranding of the Barstool Sportsbook as the ESPN Bet app back in August of this year. That’s also when Penn ended its ownership of Barstool and returned it back to the founder, Dave Portnoy. An agreement based on Penn paying ESPN $1.5 billion over a…

Penn Entertainment has just reached a 10-year agreement to license ESPN Bet here in America. Under the agreement, Penn will rebrand Barstool Sportsbook into the ESPN Bet brand this fall. The deal strengthens ESPN’s ties to the gambling industry, which may seem odd given that their parent company, Disney, had seemed to oppose gambling expansion over the years. However, Disney acquired a stake in DraftKings via Fox Entertainment assets back in 2019. In order to make the ESPN Bet deal work, Penn will pay ESPN $1.5 billion in cash over the course of the ten-year term. Additionally, they have agreed…