Breaking News: ESPN Bet to Shut Down
Big news in the world of sports betting as ESPN Bet has announced it will be shutting down their sports gambling app in the wake of a wide ranging probe into alleged trading of insider information in the NBA.
ESPN’s partner Penn will rebrand the online sportsbook as theScore Bet, per news breaking Thursday morning.
The app had previously been braded as Barstool Sports.
The change will be effective December 1, 2025.
Under the original agreement, ESPN provided Penn with its name and trademark, as well as media and marketing services in exchange for $150 million a year in cash payments and warrants to purchase Penn common stock.
This is a developing story.
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(Gambling News UK) - NetBet Slapped With £650,000 Fine By UK Gambling Commission - The online casino and sportsbook was penalised after a licence review revealed flaws in its controls over anti-money laundering, counter terrorism financing and social responsibility. It is the second time the online operator has been in hot water with the UKGC for failing to comply with licence conditions. In 2020 NetBet Enterprises was fined £748,000 after the UKGC ruled that NetBet was not up to scratch with its anti-money laundering and social responsibility measures. (source: Games Hub)
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- Chris Costigan, Gambling911.com Publisher
