![ESPN strikes $1.5B deal to jump into sports betting with Penn Entertainment, owner of Plainridge Park Casino in Plainville](https://dailytalks.org/wp-content/uploads/2023/08/93076-espn-strikes-1-5b-deal-to-jump-into-sports-betting-with-penn-entertainment-owner-of-plainridge-park-casino-in-plainville.jpg)
Disney-owned ESPN has licensed its brand for use in a sports betting app, striking a deal in which it will receive $1.5 billion and other considerations from Penn Entertainment. In return, Penn will rebrand its existing sports betting app as…
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