Chronicle Of A Divorce Foretold: PENN And Disney’s ESPN Cave To The FanDuel-DraftKings Power Duopoly
Much as foretold in these pages when their unlikely marriage was announced, PENN Entertainment and Walt Disney-owned ESPN have filed for divorce…
Dave Portnoy
ESPN BET Ripped By Back Investor Revolt At Parent PENN Entertainment
There’s a shoot-out at the U.S. fantasy sports factory today as ESPN BET, putative rival of FanDuel and DraftKings, is ripped by…
Loss Is More For Hard-charging US Sportsbook DraftKings in Q1
Despite ending the quarter with a nominal net loss of US$142.6 million (£114.04m), hard-charging US sportsbook DraftKings has delivered a spectacular Q1…
333 Million-to-One May Just Go In Penn’s Hi-wire ESPN BET Q4 Rebrand
Three hundred and thirty-three million dollars into one may just go as US gaming Omnichannel Penn Entertainment unveiled heavy-duty Q4 losses. That’s…
ESPN Bet, Giant Disney Wakes Up And Smells The Lure Of US Sports Betting
Just as US sportsbook leaders FanDuel, DraftKings and BetMGM are about to go positive, after years of pioneering spade work and spending…