Penn Entertainment’s $1.5 Billion Gamble on ESPN Bet Ends In Disaster

huddleup.substack.com/p/penn-entertainments-15-billion-gamble

Penn Entertainment’s $1.5 Billion Gamble on ESPN Bet Ends In Disaster
Penn’s deal with ESPN was supposed to build the next great sportsbook. Instead, it exposed the brutal economics of the sports betting gold rush.
Just two years after announcing a 10-year, $2 billion sports betting…

This story appeared on huddleup.substack.com, 2025-11-07 19:10:16.257000.
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