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The Latest Breaking News from Penn Entertainment

Penn Entertainment Is Breaking up With ESPN in Sports Betting Deal. Should You Sell PENN Stock Here?

As Penn Entertainment breaks up with ESPN, should investors fold or double down on PENN stock?

Barchart

PENN Entertainment Reports Q3 Results, Terminates Sports Betting Partnership With ESPN

PENN Entertainment Inc (NASDAQ:PENN) reported third-quarter financial results before the market open on Thursday. Here’s a look at the key details from the report.

Benzinga

RSI Stock Soars 22% On Q2 Blowout—Will PENN Match the Momentum?

Rush Street surprised with a particularly strong quarter—will PENN Entertainment follow suit, or is the gaming firm a standout?

MarketBeat

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Dave Portnoy Net Worth Exposed: How He Made (And Lost) A Fortune

Dave Portnoy Net Worth Exposed: Explore how the sports media founder made millions with Barstool Sports, plus details on stock losses. Is his net worth near 150 million?

Bored Panda

Dave Portnoy claims White House reached out to hire him for Commerce Department job

Portnoy, who has been a consistent and vocal supporter of Trump, made the claim in a video posted on X

The Independent UK

Where Penn Entertainment's new CTO places his bets

Aaron LaBerge moved to Penn Entertainment this summer to spearhead the company's efforts integrating its betting technology across Disney's ESPN, and to bring Disney-like tech magic to the online gaming business.

Fortune

States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel

States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships

The Independent UK

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Disney CTO Aaron LaBerge Quits To Join Sports Betting Company Penn Entertainment

20-year Disney veteran, who oversees Disney Plus, Hulu and ESPN Plus, says he’s switching jobs this summer to spend more time with his family

Multichannel News

Aaron LaBerge Joins PENN Entertainment at CTO

PENN operates ESPN Bet; LaBerge had been president and CTO for Disney Entertainment and ESPN

TV Tech

Penn Entertainment vs. DraftKings: Which Sports Betting Stock is a Better Buy?

As the sports betting market heats up ahead of March Madness, both Penn Entertainment and DraftKings present potential buy-the-dip opportunities after their latest earnings reports. But which stock is a better buy at current levels?

Barchart

ESPN Bet, a rebranded sports gambling app from Penn Entertainment, is almost here

ESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch Tuesday

The Independent UK

ESPN BET Set To Launch Nov. 14

Teaser spots feature ‘SportsCenter' anchor Scott Van Pelt

Multichannel News

EXCLUSIVE: Cathie Wood’s Sports Betting Gamble — DraftKings Or Penn Entertainment?

Sports betting world was shocked when PENN Entertainment announced a licensing deal with Walt Disney Company to launch ESPN Bet

Zenger

PENN vs. DKNG: Which Stock is a Better Bet?

With the sports betting stock battle heating up, which company should investors place their chips on now: Disney's new partner Penn Entertainment, or stock market standout DraftKings?

Barchart

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Zenger

Disney CEO Bob Iger Says ESPN Bet Had Multiple Suitors Before The Penn Partnership

The sports betting sector was rocked when PENN Entertainment said Tuesday it's partnering with The Walt Disney Company.

Zenger

Penn Entertainment Analysts On ‘Landscape-Changing’ Sports Betting Deal With ESPN

PENN Entertainment (NASDAQ: PENN) stock jumped after the company unveiled a partnership with ESPN.

The Independent UK

Disney streaming service continues to bleed subscribers, but earnings improve in Q3

Disney reported narrower losses on its Disney+ streaming platform in the quarter ended July 1 and boosted revenues, but also shed Disney+ subscribers for the second quarter in a row

Fortune

Dave Portnoy buys back Barstool Sports for just $1, while Penn Entertainment spends $1.5 billion on an ESPN partnership called the 'white whale' of sports betting deals

Penn Entertainment upgrades from Barstool Sports to ESPN as it continues its strategy of partnering with sports media brands to promote its sports betting operations.

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Kiplinger

Stock Market Today: Stocks Drop Ahead of CPI, WeWork Tanks on Bankruptcy Concerns

The major indexes closed lower for a second straight day amid a batch of disappointing earnings reports.

Chicago Sun-Times

ESPN enters world of sports betting with $1.5 billion deal with Penn Entertainment

Penn will operate ESPN Bet, which ESPN has agreed to promote across its online and broadcast platforms in order to generate “maximum fan awareness” of the app.

The Independent UK

ESPN strikes $1.5B deal to jump into sports betting with Penn Entertainment

Disney-owned ESPN has licensed its brand for use in a sports betting app, striking a deal in which it will receive $1.5 billion and other considerations from Penn Entertainment

TV Tech

ESPN Inks Deal to Launch ESPN Bet

The agreement with Penn Entertainment will see Penn rebrand its sportsbook and relaunch it as ESPN Bet in the fall

Multichannel News

ESPN Puts Brand on Sportsbook in $2 Billion Deal With Penn Entertainment

ESPN Bet will get promotion from sports network’s platforms and talent

Chicago Tribune

Editorial: How casinos broke their promises to the struggling downtowns of Illinois

Back in 1992, William Weidner, then president of Hollywood Casino of Aurora Inc., set out to Springfield to kill then-Mayor Richard M. Daley’s plans for a $2 billion “mega-casino” in downtown Chicago.

Chicago Sun-Times

Hollywood Casino Aurora owners want to move out of downtown, rebuild by I-88

The new casino complex would have a 200-room hotel with about 10,000 square feet of meeting and event space.

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