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Bob Iger's and Disney's $1.5 Billion Bet on Sports Gambling

TheMotleyFool

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Bob Iger's and Disney's $1.5 Billion Bet on Sports Gambling: https://g.foolcdn.com/editorial/images/743895/creating-a-plan.jpg

It was a surprise last week to learn that Disney (NYSE: DIS) is partnering with Penn Entertainment (NASDAQ: PENN) to promote online sports betting. But the deal looks like a big win for ESPN, as Travis Hoium covers in this video.

*Stock prices used were end-of-day prices of Aug. 10, 2023. The video was published on Aug. 13, 2023.

Source Fool.com

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