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PENN Entertainment & MSE Team Up, ESPN BET to Enter Washington D.C.


Published on 2025-01-15 01:04:34 - MSN
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  • The wholly-owned subsidiary of PENN Entertainment, Inc. PENN, PENN Sports Interactive, LLC, joins hands with Monumental Sports & Entertainment ("MSE") for a long-term multi-channel agreement. PENN stock gained 3% during Monday's trading hours and inched down 0.

Penn Entertainment has partnered with MSE (Monumental Sports & Entertainment) to introduce ESPN Bet in Washington, D.C., marking a significant expansion of their sports betting operations. This collaboration will see ESPN Bet, a rebranded version of Penn's Barstool Sportsbook, integrated into Capital One Arena, home to the Washington Wizards, Capitals, and Mystics. The partnership aims to enhance the fan experience by offering in-arena betting options, with plans to launch in time for the upcoming NBA and NHL seasons. This move not only signifies Penn's strategic push into new markets but also leverages MSE's extensive sports and entertainment assets to create a unique betting environment.

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