News Summary

• ESPN and Penn Entertainment have mutually agreed to end their partnership, effective Dec. 1.
• ESPN Bet will be rebranded to theScore Bet, with its debut set to coincide with the launch of sports betting in Missouri.
• The wind-down comes as ESPN Bet, despite the ESPN branding, lagged behind other online sportsbooks, ranking outside the top five sports betting apps among users.
• ESPN, not looking to exit the sports betting business altogether, announced a new deal with DraftKings, which sees it become the sports network’s exclusive official sportsbook and odds provider.