DraftKings (DKNG) Stock: New ESPN Partnership Reshapes Sports Betting Landscape

TLDR DraftKings replaces Penn Entertainment as ESPN’s exclusive sportsbook partner starting December 2025. Penn Entertainment’s two-year deal with ESPN ends early, stopping $150 million annual payments. DraftKings will power ESPN’s mobile betting features despite missing Q3 earnings expectations. The company reported a $0.26 per share loss and $1.14 billion in revenue, both below estimates. Analysts [...]

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