Dave Portnoy
ESPN, PENN Entertainment strike $2 billion sports betting deal
ESPN and PENN Entertainment struck a landmark sports betting deal on Tuesday that will see the Worldwide Leader in Sports join the sports betting space. As part of the deal, PENN also announced it sold Barstool Sports back to its founder, Dave Portnoy.
This move marks a significant shift in the sports betting industry, with ESPN now entering the market alongside other major players. Dave Portnoy's involvement in the deal further solidifies his position as a key figure in the sports and entertainment world.