ESPN Bet, Penn Entertainment's sportsbook app, is expanding by acquiring WynnBet's New York mobile sports gambling license for $25 million.
This move aims to establish a strong presence in the tri-state area and tap into the largest regulated online sports wagering market in North America.
Penn Entertainment CEO emphasized the significance of operating in New York to grow ESPN Bet nationwide, following ESPN brand licensing to Penn Entertainment in 2023.
This move aims to establish a strong presence in the tri-state area and tap into the largest regulated online sports wagering market in North America.
Penn Entertainment CEO emphasized the significance of operating in New York to grow ESPN Bet nationwide, following ESPN brand licensing to Penn Entertainment in 2023.