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ESPN Bet loses 1.5 million a day

djefferis

djefferis

Joined
Jan 8, 2024
Messages
3,999
How much of that loss is promo accounts.

Trying to buy their way into being the app of choice amongst young gamblers - one $10 parlay at a time.

They have the brand recognition obviously - but say gambling app they are probably the 3rd or 4th name that comes to most consumers minds.
 

phillyflyers

phillyflyers

Joined
Aug 8, 2024
Messages
8,300
ESPN Bet is Penn Enterainment. ESPN just gets a contracted payment amount for the right for Penn to use ESPN name.

ESPN Bet goes bankrupt, ESPN won't be involved other than not receiving any more money from Penn.
Ahh, thanks for the heads up.

Good to know.

I hate ESPN. Woke shine lovers network.
 
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