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ESPN hopes ESPN Bet can compete in U.S. sports betting market, FT says

Disney’s (DIS) EPSN has begun releasing adverts promoting the launch of ESPN Bet, the sport network’s betting venture with Penn Entertainment (PENN), Oliver Barnes of The Financial Times reports. ESPN is using its broadcasting stars and 200M monthly audience to help crack the duopoly of DraftKings (DKNG) and FanDuel.

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