PENN Entertainment terminates ESPN sports betting partnership
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PENN Entertainment, Inc. Reports Third Quarter Results and Announces Realignment of Digital Focus Following Termination of ESPN Alliance
November 6, 2025 7:01 AM UTCWYOMISSING, Pa.--(BUSINESS WIRE)-- PENN Entertainment, Inc. (PENN or the Company) (Nasdaq: PENN) today reported financial results for the three and nine months ended September 30, 2025, and announced a realignment of its digital focus following the mutual decision for an early termination (the Termination Agreement) of its U.S. online sports betting (OSB) agreement with ESPN, Inc. (ESPN).
Pursuant to the agreed termination, the Companys OSB marketing exclusivity with ESPN will end on December 1, 2025. Other key terms of the Termination Agreement are as follows:
Cash payments to ESPN terminate at... More