Take an early look at the front page of The Wall Street Journal
Penn Entertainment’s Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement.WeWork on Tuesday raised doubt about its ability to stay in business as the co-working space provider faces losses and a dwindling cash pile amid major changes in the way people work.
The measure would have made it harder to pass amendments to the state constitution, including one on the November ballot guaranteeing abortion rights.U.S. stock indexes fell and government-bond prices climbed, after Moody’s lowered credit ratings for 10 smaller U.S. banks and said it was reviewing ratings for six larger ones. The Dow industrials dropped more than 150 points.
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ESPN BET to Launch This Fall; Barstool Bought Back from PENN EntertainmentESPN announced the upcoming launch of ESPN BET, their own branded sportsbook, this fall. With the rise of legalized gambling, sports media, including ESPN, has been focusing more on sports betting.
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ESPN and Penn Entertainment to Launch ESPN Bet SportsbookESPN, a subsidiary of Walt Disney Co., has reached an agreement with Penn Entertainment Inc. to launch ESPN Bet, a branded sportsbook for fans in the United States. Penn Entertainment will rebrand its existing sportsbook and relaunch it as ESPN Bet in the fall. The new sportsbook will be available in 16 states where Penn Entertainment holds a license for legalized betting.
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ESPN to Launch Online Sportsbook with PENN EntertainmentESPN has partnered with PENN Entertainment to launch online sports betting sites throughout the United States. The agreement signifies PENN's transition from a regional gaming operator to a prominent entertainment leader in North America. ESPN Bet will be seamlessly integrated with ESPN's extensive editorial, content, digital, and linear product, as well as its sports programming ecosystem.
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ESPN partners with PENN Entertainment to form ESPN BET, which will launch this fallIn a partnership with PENN Entertainment, ESPN will launch ESPN BET this fall in the 16 legalized betting states where PENN Entertainment is licensed. PENN is selling its stake in the Barstool sportsbook back to the company's founder, Dave Portnoy.
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Penn sells Barstool Sports back to Dave Portnoy to partner with ESPNDave Portnoy regains ownership of Barstool Sports and expresses his excitement to have the freedom to speak and act without restrictions. He vows to never sell the company again.
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