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8/27/2021, 9:09 PM (Source: TeleTrader)
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ESPN exploring betting deal worth over $3B - report

ESPN is looking to license its brand to sports bookies in a deal thought to be worth over $3 billion, The Wall Street Journal reported on Friday.

The subsidiary of Walt Disney Co. has held talks with Caesars Entertainment Inc. and DraftKings Inc. and others, sources told the newspaper.

If an agreement is reached with a company, it will reportedly be able to use ESPN's name while being committed to spend a certain amount of money on the chanel's platforms.

Baha Breaking the News (BBN) / MD