ESPN anchor Rece Davis calls a sports betting pick ‘a risk-free investment,' stoking disbelief [Yahoo! Finance]
PENN Entertainment, Inc. (PENN)
Last penn entertainment, inc. earnings: 2/6 07:00 am
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Source: Yahoo! Finance
The company even inked a 10-year deal with Penn Entertainment last year to create a licensed online sportsbook called ESPN Bet ahead of the release of its flagship streaming service in 2025. But over the weekend, an ESPN segment that dishes out betting advice for fans drew in critics. On ESPN's March Madness show College GameDay this weekend, Erin Dolan broke down some of her top betting ideas for sports fans, including a pick for #9 Northwestern to score under 60.5 points in their match with #1 UConn. The show's host, Rece Davis, responded with usual enthusiasm. “You know what? Some would call this wagering, gambling; the way you've sold this, I think what it is, is a risk-free investment," he said. Even Dolan seemed surprised, replying, “Okay! A positive way.” Many viewers were shocked, taking to social media immediately after the segment aired to criticize Davis' “risk-free investment” comments. Fox Sports Radio betting analyst Jared Smith argued , “this is way more damaging
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News
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- Einhorn's Greenlight Underperformed ‘Broken' Stock Market Last Quarter [BNN Bloomberg (Canada)]BNN Bloomberg
- PENN Entertainment (NASDAQ:PENN) shareholders are up 7.2% this past week, but still in the red over the last three years [Yahoo! Finance]Yahoo! Finance
- PENN Entertainment Publishes 2023 Corporate Social Responsibility Report [Yahoo! Finance]Yahoo! Finance
PENN
Earnings
- 2/15/24 - Miss
PENN
Sec Filings
- 4/23/24 - Form ARS
- 4/23/24 - Form DEF
- 4/23/24 - Form DEFA14A
- PENN's page on the SEC website