 | |
| Formerly | Barstool Sportsbook (2020–2023) |
|---|---|
| Company type | Subsidiary |
| Industry | Sports betting |
| Founded | September 2020 |
| Parent | Penn Entertainment |
| Website | espnbet |
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 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.