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ESPN Bet (stylized as ESPN BET) is a brand of American sportsbooks and online sports betting services operated by Penn Entertainment. Its branding is licensed from ESPN Inc. , which cross-promotes the services across its television and digital platforms.
ESPN Bet Live (formerly Daily Wager) is an American sports betting discussion program, broadcast by ESPN2 on Thursday, Friday, and Monday evenings, and Saturday and Sunday mornings. [1] Hosted by Doug Kezirian, it features sports news and analysis presented from the perspective of sports betting.
In August 2023, Penn reached a ten-year, $2 billion licensing agreement with ESPN Inc., under which Penn would rebrand Barstool Sportsbook as ESPN Bet later in the year. To license the branding, Penn would pay $1.5 billion in cash, and give ESPN options for $500,000 of its stock. ESPN would provide promotion for the service.
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In-play betting, or live betting, is a fairly new feature offered by some online sports books that enables bettors to place new bets while a sporting event is in progress. In-play betting first appeared towards the end of the 1990s when some bookmakers would take bets over the telephone whilst a sports event was in progress, and has now evolved ...
ESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch Tuesday. Penn signed a $1.5 billion deal with ESPN for rights to the sports media giant's name in August.