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PENN, Disney's ESPN $1.5B deal scores with investors

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PENN, Disney's ESPN $1.5B deal scores with investors


PENN Entertainment shareholders are happy after the sports and media company announced a $1.5 billion partnership with Disney's ESPN to create a sports betting company. PENN shares rallied by double digits Wednesday, helping cut the 7% drop in the stock this year. PENN will pay the media giant's…

#pennentertainment #disney #espn #draftkings #mgm #caesars #zuckerberg #penn #barstoolsports #daveportnoy

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