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Podcast: Unofficial Partner Podcast
Episode: UP336 Barstool, Penn and Disney's bet on gambling convergence
Description: Occasionally a story breaks that reveals the direction of travel for the rest of sports business.One such story is Disney-owned ESPN's move in to the US gambling market, courtesy of a $2billion, ten year deal with betting operator Penn Entertainment, which sold back its ownership stake in Barstool, with which it was previously building a sports and gambling offer.“We are confident that the combination of our unparalleled audience along with Penn’s operational expertise and state-of-the-art technology provides us with a tremendous opportunity to serve the ever-growing number of consumers interested in betting,” said Jimmy Pitaro...