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Penn would rebrand its US sports ...Here's what to know about new sportsbook. Story by Elizabeth Flores, USA TODAY. • 3mo. ESPN and Penn Entertainment have partnered to launch ESPN Bet, a sports gambling service.ESPN Bet, a sports-gambling service rebranded with the name of the Disney-owned sports channel, launched Tuesday in 17 U.S. states. Penn Entertainment, which owns the service, signed a $1.5 billion deal with ESPN for rights to the sports media giant's name in August. Under the agreement, Penn will operate ESPN Bet while ESPN …Penn, whose CEO Jay Snowden believes that editorial associated with a sportsbook reduces the customer acquisition cost, latched on to ESPN at a cost of $1.5 billion over the next 10 years. 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View the NFL Daily Lines on ESPN. Includes the odds, moneyline, and over/under on the current and opening line. . Stoduco
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