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Sports Betting, ETF Redemption, ‘Bips’

Barron's Streetwise

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Disney's Sports Betting Deal With Pen Entertainment

ESPN announced a 10 year deal with pen entertainment. They're going to create an online sports betting brand. In will pay ESPN one and a half billion dollars. And ESPN also gets options to buy $500 million in Penn stock. We'll definitely get back to another episode on online gambling.

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