ESPN Strikes $2 Billion Sports-Betting Deal With Penn Entertainment

[ad_1] Penn’s Barstool Sportsbook app will be rebranded as ESPN Bet this fall as part of a 10-year agreement. [ad_2] Source link

Fox to Wind Down Sports-Betting Site Fox Bet

[ad_1] The broadcaster is closing its sports-betting venture after it failed to grow as quickly as more dominant competitors in the market. [ad_2] Source link

DraftKings Offers $195 Million for PointsBet’s U.S. Business

[ad_1] DraftKings is offering to buy PointsBet Holdings’ U.S. business for $195 million, setting up a battle with sports-merchandise company Fanatics for the online sports-betting assets. [ad_2] Source link

Online Sports Bettors Lose More as Parlays Gain Popularity

[ad_1] As average bettors win less, the gambling companies are winning more. [ad_2] Source link

Stocks Rally to Cap Tumultuous Week

[ad_1] The S&P 500 broke a four-day losing streak following an upbeat jobs report and a spate of earnings. [ad_2] Source link

WSJ News Exclusive | Fanatics Bets on Its Fans to Win Sports-Gambling Race

[ad_1] Chief Executive Michael Rubin says the sports-merchandising company’s 95 million customers offer an edge over gambling competitors. [ad_2] Source link

Stocks Open Lower on Strong Supplier-Level Inflation

[ad_1] Markets U.S. Markets Stocks have wobbled recently, as investor expectations for interest rates and a possible recession have shifted [ad_2] Source link

Super Bowl Betting Projected to Hit Record $16 Billion

[ad_1] Business Sunday’s game will be first NFL championship played in a state with legalized sports betting [ad_2] Source link

WSJ News Exclusive | For Super Bowl Ad, Coors Light Brewer Taps Into Online Sports-Betting Appetite

[ad_1] WSJ News Exclusive Media & Marketing Molson Coors teams up with DraftKings to let viewers make predictions on commercial and offer a chance to earn money [ad_2] Source link

Bengals-Bills Bets Voided After Damar Hamlin Collapse Postpones Game Indefinitely

[ad_1] Business FanDuel and BetMGM announce refunds after NFL says game won’t be resumed this week [ad_2] Source link