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ESPN Bet
ESPN Bet (stylized as ESPN BET) is a brand of American sportsbooks and online sports betting services operated by Penn Entertainment. Its branding is licensed from ESPN Inc., which cross-promotes the services across its television networks and digital platforms. It originally launched in 2020 as Barstool Sportsbook, in partnership with the then-Penn owned Barstool Sports. In August 2023, Penn sold Barstool back to its founder Dave Portnoy, and concurrently announced a brand licensing agreement with ESPN; the 10-year agreement is valued at $1.5 billion, plus $500,000 in options for ESPN to purchase Penn stock. Barstool Sportsbook was succeeded by ESPN Bet on November 14, 2023. ESPN Bet operates mobile sports betting in 17 states, and offers retail sportsbooks at selected Penn Entertainment casinos. History As Barstool Sportsbook In January 2020, Penn bought a 36% minority stake in the sports and pop culture website Barstool Sports, with media outlets anticipating that it ...
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Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through privately run enterprises. The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks are found online, operated over the Internet from jurisdictions separate from the clients they serve, usually to get around various gambling laws (such as the Unlawful Internet Gambling Enforcement Act of 2006 in the United States) in select markets, such as Las Vegas, or on gambling cruises through self-serve kiosks. There are different types of legalized sports betting now such as game betting, parlays props and future bets. They take bets "up-front", meaning the bettor must pay the sportsbook before placing the bet. Due to the nature of their business, illegal bookies can operate anywhere but ...
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Brand Equity
Brand equity, in marketing, is the worth of a brand in and of itself – i.e., the social value of a well-known brand name. The owner of a well-known brand name can generate more revenue simply from brand recognition, as consumers perceive the products of well-known brands as better than those of lesser-known brands. In the research literature, brand equity has been studied from two different perspectives: cognitive psychology and information economics. According to cognitive psychology, brand equity lies in consumer's awareness of brand features and associations, which drive attribute perceptions. According to information economics, a strong brand name works as a credible signal of product quality for imperfectly informed buyers and generates price premiums as a form of Return on brand, return to branding investments. It has been empirically demonstrated that brand equity plays an important role in the determination of price structure and, in particular, firms are able to charge p ...
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Plainridge Park Casino
Plainridge Park Casino is a harness racing track and slot machine parlor in Plainville, Massachusetts. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment. It opened in 1999 as Plainridge Racecource, changing to its present name in 2015 when it became a racino. History Background and license (1990s) In 1997, Massachusetts's only harness racing track, Foxboro Park, was closed after a legal dispute between its owner, Robert Kraft, and its operator, Charles Sarkis. Two competing plans to resurrect the sport were soon brought before the Massachusetts Racing Commission, with Kraft seeking to reopen Foxboro under a new operator, while Gary Piontkowski, who had managed Foxboro under Sarkis, proposed to build a new track at a 90-acre site in Plainville. Kraft withdrew his application weeks later, however, leaving Piontkowski as harness racing's only hope in the state. The Racing Commission issued a conditional license for Piontkowski's proposed track in Nov ...
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L'Auberge Baton Rouge
L'Auberge Casino & Hotel Baton Rouge is a casino in Baton Rouge, Louisiana. The casino opened in September 2012, and has of gaming space. It is owned by Gaming and Leisure Properties and operated by Penn Entertainment Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gambling. It operates 43 properties in 20 states, under brands including Hollywood .... The casino has 1,500 slot machines, 50 table games, and a poker room. The hotel has 12 stories, 205 rooms, a rooftop pool, and a fitness center. In April 2016, Pinnacle Entertainment sold the property to Gaming and Leisure Properties and leased it back, along with almost all of Pinnacle's real estate assets. Penn National Gaming (now Penn Entertainment) acquired Pinnacle in October 2018, including the operations of L'Auberge Baton Rouge. References External links * Casinos in Louisiana 2012 establishm ...
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Hollywood Casino At Kansas Speedway
Hollywood Casino at Kansas Speedway is a casino located adjacent to the Kansas Speedway in the Village West area of Kansas City, Kansas. It opened on February 3, 2012, and is operated by Penn Entertainment. History Battle for state-owned casino bid Starting in 2004, proposals by the Kickapoo tribe and the Sac and Fox Nation to build a state-regulated casino at a budget of $210 million west of the track were made to the Kansas Legislature. The proposal to allow state-run casinos faced heavy opposition from several businessmen and lobbying groups, stating that the casino's revenue under the bill was too low along with chances of potential government corruption. By March 2005, Doug Mays, speaker of the Kansas House of Representatives, declared that the tribes' compact was killed in the current session unless they allowed the state to inspect slot machines. Within the next two years, four more proposals were made. In 2007, another proposal was made in a joint venture by the tr ...
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2024 NFL Draft
The 2024 NFL draft was the 89th annual meeting of National Football League (NFL) franchises to select newly eligible players. The draft was held at Campus Martius Park and Hart Plaza in Detroit on April 25–27, 2024. The draft had an attendance of over 775,000, breaking the record previously set in 2019. Six quarterbacks were selected in the first round— Caleb Williams, Jayden Daniels, Drake Maye, Michael Penix Jr., J. J. McCarthy, and Bo Nix—tying the record from 1983. The six were within the first 12 picks, with five in the top 10. Conversely, for the first time since the 1970 AFL–NFL merger, no quarterbacks were selected in the second through fourth rounds. Seven wide receivers were also selected in the first round, tying the record from 2004. A record 23 offensive players were selected in the first round, with 14 consecutive offensive players to start the draft. Host city Detroit was chosen over Green Bay and Washington, D.C. as the host city on March 28, 2022. Th ...
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Hollywood Casino At Greektown
Hollywood Casino at Greektown, formerly Greektown Casino-Hotel, is a casino hotel in the Greektown neighborhood in Detroit, Michigan. It is owned by Vici Properties and operated by Penn Entertainment. The casino opened in 2000, under the majority ownership of the Sault Ste. Marie Tribe of Chippewa Indians. It was the only casino in Detroit controlled by a Native American tribe. In 2008, during the Great Recession, the casino went into bankruptcy and was sold. Hollywood Casino is one of three casinos in the city; there is also a casino in nearby Windsor, Ontario. Detroit is one of the largest American cities to offer casino hotels.Mink, Randy, and Karen Mink (July 2001). "Detroit Turns 300 – Detroit 300 Festival". ''Travel America'', World Publishing Co., Gale Group. History and development Shortly after the enactment of the federal Indian Gaming Regulatory Act (IGRA) in 1988, the Sault Tribe of Chippewa Indians began working with local developers Ted Gatzaros and Jim Pap ...
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KTNV
KTNV-TV (channel 13) is a television station in Las Vegas, Nevada, United States, affiliated with ABC. It is owned by the E. W. Scripps Company alongside Laughlin-licensed independent station KMCC (channel 34). The two stations share studios on South Valley View Boulevard in the nearby unincorporated community of Paradise (though with a Las Vegas mailing address); KTNV-TV's transmitter is located atop Mount Arden in Henderson. Channel 13 was the third station to be activated in Southern Nevada, beginning broadcasting in May 1956 as KSHO-TV. The station originally operated on a 24-hour basis, unique for the time, with a rotating schedule of movies and minimal news coverage; it remained an independent station until affiliating with ABC in December 1957. Amid financial difficulties, multiple stock sales and ownership transfers occurred from 1957 until 1961, when the licensee, Television Company of America, declared bankruptcy, and a receiver was appointed. In 1963, the Federal ...
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Bristol, Connecticut
Bristol is a suburban city located in Hartford County, Connecticut, United States, southwest-west of Hartford, Connecticut, Hartford. The city is also 120 miles southwest from Boston, and approximately 100 miles northeast of New York City. The city is part of the Naugatuck Valley Planning Region, Connecticut, Naugatuck Valley Planning Region. As of the 2020 United States Census, 2020 census, the population of the city was 61,844. Bristol is the location of the general headquarters of ESPN, the location of Lake Compounce, the United States's oldest continuously operating theme park, and is facing approval in 2024 to become home to one of the largest biomedical waste incineration operations in the United States. Bristol was known as a clock-making city in the 19th century, and is the location of American Clock & Watch Museum. Bristol is also the site of the former American Silver Company and its predecessor companies. Bristol's nickname is the "Mum City", because it was once a ...
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ESPN Bet Live
''ESPN Bet Live'' (formerly ''Daily Wager'') is an American sports betting discussion program, broadcast by ESPN2 on Thursday, Friday, and Monday evenings, and Saturday and Sunday mornings. Hosted by Doug Kezirian, it features sports news and analysis presented from the perspective of sports betting. Since November 10, 2023, the program has been co-branded with Penn Entertainment's sportsbook ESPN Bet. History ''Daily Wager'' premiered on ESPNews on March 11, 2019; its premiere came amid the widening legalization of sports betting in the United States after the 2018 repeal of the Professional and Amateur Sports Protection Act of 1992 by '' Murphy v. National Collegiate Athletic Association.'' It would be hosted by ESPN sports betting analyst Doug Kezirian, with "Stanford" Steve Coughlin (who hosts the "Bad Beats" segment on ''SportsCenter'' with Scott Van Pelt), Joe Fortenbaugh, Tyler Fulghum, and Anita Marks among others as regular contributors. In May 2019, ESPN announced a ...
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The Linq
The Linq (formerly Flamingo Capri, Imperial Palace and The Quad) is a casino hotel on the Las Vegas Strip in Paradise, Nevada. It is owned and operated by Eldorado Resorts, Caesars Entertainment. It opened as the Flamingo Capri on October 30, 1959, on property located directly north of the original Flamingo Las Vegas, Flamingo resort. The Flamingo Capri was a 180-room motel, owned by George E. Goldberg and Flamingo employee Bill Capri. Ralph Engelstad purchased the Flamingo Capri in 1971, and added a casino the following year. He built additional motel buildings in 1974, and eventually added the 19-story Imperial Palace Tower in 1977. Engelstad renamed the entire property as the Imperial Palace on November 1, 1979, when a new casino facility opened on the site. The Flamingo Capri's casino was demolished to make way for the Imperial Palace's entrance, although some of the motel rooms would remain in operation for decades. The Imperial Palace was the first Asian-themed resort on t ...
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Daily Fantasy Sports
Daily fantasy sports (DFS) are a subset of fantasy sport games. As with traditional fantasy sports games, players compete against others by building a team of professional athletes from a particular league or competition while remaining under a salary cap, and earn points based on the actual statistical performance of the players in real-world competitions. Daily fantasy sports are an accelerated variant of traditional fantasy sports that are conducted over short-term periods, such as a week or single day of competition, as opposed to those that are played across an entire season. Daily fantasy sports are typically structured in the form of paid competitions typically referred to as a "contest"; winners receive a share of a pre-determined pot funded by their entry fees. A portion of entry fee payments go to the provider as rake revenue. In the United States, the daily fantasy sports industry was dominated by two competing services: the New York-based FanDuel, and the Boston-bas ...
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