DraftKings Picks Up a New Partner in the Competitive Sports-Betting Business
DraftKings will be "the exclusive Official Sportsbook and Odds Provider of ESPN," replacing PENN. Brett Carlsen / Getty Images Close Key Takeaways ESPN is betting on DraftKings. In the latest news to illustrate the competitive nature of the sports-betting market, The Walt Disney Co. (DIS) unit and PENN Entertainment (PENN) on Thursday morning said that agreed to terminate their U.S. online betting pact early. Not long afterwards, it named its new partner: DraftKings (DKNG). "We appreciate the collaboration ...