![]() Those companies gained even more steam in recent years as additional states legalized online sports gambling. ![]() Revenue at DraftKings, FanDuel, Caesars Sportsbook and BetMGM soared during the pandemic as more fans with time on their hands placed bets. The broadcaster wants to grow revenue by serving sports gambling fanatics, while Penn was looking for a new sports betting partner after severing its partnership with Barstool, Brandt said,įor both companies, what's at stake is grabbing a piece of the rapidly growing sports gambling industry. The states that first will offer ESPN Bet are:Ĭreating ESPN Bet is a strategic move for both Penn and ESPN. They think they can offer a better product." You can deposit more than 250 if you like, but only the first 250 is matched. ![]() To claim the bonus, use promo code 250MATCH when you register and the sportsbook will match your deposit as a free bet up to 250. "They want to make it like one-stop shopping where you go to check the score and there's your betting opinions right there. Kansas joined the world of legal sports betting in September 1, 2022, with Barstool, BetMGM,Caesars, DraftKings, FanDuel, and PointsBet all launching on day one. BetRivers offer a 100 deposit match up to 250. ![]() "ESPN and Penn believe they can infiltrate this market," Andrew Brandt, a sports business professor at Villanova University, told CBS MoneyWatch. ![]()
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