ESPN Cuts Sports Betting Deals With DraftKings And Caesars Entertainment

Dialing up its wagering efforts around sports, ESPN has made two separate sports betting partnerships -- one each with DraftKings and Caesars Entertainment to promote sports gambling content.

ESPN will offer content linked to both gambling companies' sports booking operations.

In addition to having a co-exclusive arrangement with Caesars, digital sports entertainment/gaming company DraftKings will become the exclusive daily fantasy sports provider of the big sports TV network.

The Caesars deal follows an earlier announcement with ESPN that it will build a new studio at Caesars' LINQ Hotel and Casino in Las Vegas. The new ESPN studio, for sports-betting content, launched last week.

In April 2019, WarnerMedia’s Turner Sports made a gaming content deal with Caesars Palace, where Turner’s Bleacher Report has a branded studio.

In May 2019, Fox Sports and The Stars Group launched Fox Bet, a national media and sports wagering partnership in the U.S.

Two services are offered here: The first, called Fox Bet, allows customers in states with regulated betting to wager real money. The second one is a national free-to-play game, awarding cash prizes to players who correctly predict the outcome of sports games.

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