Penn Entertainment announced that its wholly-owned subsidiary Penn Sports Interactive has entered into a long-term, multi-faceted partnership with Quail Hollow Club and the Wells Fargo Championship ahead of the launch of regulated online sports wagering in North Carolina. Under the agreement with Quail Hollow Club, Penn secures market access for its online sports wagering platform ESPN BET in North Carolina, subject to regulatory approvals. Additionally, ESPN Bet will become the exclusive official betting operator of the Wells Fargo Championship, a PGA Tour Signature Event held at Quail Hollow Club in Charlotte. As the event’s official betting operator, ESPN Bet gains access to various marketing integrations, including the opportunity to activate and engage golf fans on-site during the tournament.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PENN:
- Bet On It: Las Vegas Sands owner dumps stock to buy Dallas Mavericks
- Nevada reports October statewide gaming win up 2.69% to $1.32B
- Penn Entertainment, NHL enter online sports betting partnership
- Boeing upgraded, Arm initiated: Wall Street’s top analyst calls
- Unusually active option classes on open November 20th