Bob Chapek Jimmy Pitaro California city Boston reports ESPN sports partnership and Bob Chapek Jimmy Pitaro California city Boston

ESPN and DraftKings Potential Online Betting Partnership Could Be Worth $3 Billion (Report)

Reading now: 199
thewrap.com

Bloomberg report that they are nearing a deal for online betting with ESPN.According to Bloomberg, the deal could be worth as much $3 billion.

In September, Disney CEO Bob Chapek told Bloomberg, “Sports betting is a part of what our younger, say, under-35, sports audience is telling us they want as part of their sports lifestyle.”Disney, which owns ESPN, acquired a stake in DraftKings as part of its acquisition of Fox’s entertainment assets in 2019.

While the sports channel has betting-related shows such as “Daily Wager,” it does not yet allow betting. ESPN chairman Jimmy Pitaro recently told Bloomberg, “We know that sports fans are craving not just more sports betting content, but they’re craving the ability to actually place bets in a seamless fashion from their online digital sports experiences.”“We have a great, long standing relationship with ESPN.

However, we speak to a variety of companies on a regular basis and don’t comment on the specifics of those conversations,” a DraftKings spokesperson told TheWrap.

Read more on thewrap.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA