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What will be the total revenue generated by ESPN Bet in New York by end of 2024?
3
PENN Interactive•Wynn Interactive•ESPN Bet•New York•PENN•Chris Rodgers•PENN Entertainment•American Gaming Association•NFL
Resolution / Starting Odds
$0-$100 million • 25%
$100-$200 million • 25%
$200-$300 million • 25%
$300 million or more • 25%
Financial reports from ESPN Bet or PENN Interactive
Story
ESPN Bet Unanimously Approved for New York Launch, Could Soft-Launch for NFL Week 4
Sep 23, 2024, 06:12 PM
The New York State Gaming Commission has unanimously approved PENN Interactive's acquisition of Wynn Interactive, paving the way for ESPN Bet to launch in New York. PENN Executive Vice President Chris Rodgers indicated that the app could soft-launch before the upcoming weekend. This approval marks the final piece needed for ESPN Bet's entry into the New York market. The commission also granted PENN Entertainment a digital wagering license. The platform aims to capitalize on the burgeoning sports betting industry, which the American Gaming Association expects to see $35 billion in bets on NFL games in 2024. ESPN Bet's launch is timely, coinciding with Week 4 of the NFL season.
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Less than $100 million • 25%
$100 million to $199 million • 25%
$200 million to $299 million • 25%
$300 million or more • 25%
Less than $600 million • 25%
$600 million to $625 million • 25%
$625 million to $650 million • 25%
More than $650 million • 25%
Increase by more than 20% • 25%
Increase by 10-20% • 25%
Increase by less than 10% • 25%
No increase • 25%
Increase by more than 5% • 25%
Increase by 1-5% • 25%
No change • 25%
Decrease • 25%
Less than $500 million • 33%
$500 million to $1 billion • 33%
More than $1 billion • 33%
Less than €3.9 billion • 25%
€3.9 billion to €3.99 billion • 25%
€4 billion to €4.09 billion • 25%
€4.1 billion or more • 25%
Less than $500,000 • 25%
$500,000 to $999,999 • 25%
$1 million to $2 million • 25%
More than $2 million • 25%
Yes • 50%
No • 50%
Less than $30M • 25%
$30M to $50M • 25%
$50M to $70M • 25%
More than $70M • 25%