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