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Daily Archives: April 24, 2024

April 24, 2024

Penn opens first ESPN Bet retail sportsbook in Detroit, ahead of NFL draft

As the NFL prepares to descend on Detroit for its premiere off-season event, on Wednesday (24 April) Penn Entertainment opened its first brick-and-mortar ESPN Bet sportsbook.

The new location at the Hollywood Casino at Greektown is less than a mile from the site of the draft and will host a variety of ESPN programming through the week, according to a press release.

ESPN Bet went live with its first digital platforms in November 2023 after Penn Entertainment cut ties with its previous partner, Barstool Sportsbook. The new platform is live in 18 US states. When Penn launched ESPN Bet, it did not reveal how or when it would rebrand its retail sportsbooks.

“This is an exciting week to debut Penn’s first physical ESPN Bet sportsbook as the city of Detroit hosts the NFL draft and its festivities,” Hollywood Casino at Greektown general manager John Drake said via press release. “Bringing ESPN Bet to Hollywood Greektown combines Penn’s premier sports media and sports betting offerings to ..

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April 24, 2024

Skores Media secures Stags Participations and MI3 as shareholders

European digital sports media publisher Skores Media has announced investment holding companies Stags Participations and MI3 and minority shareholders in the business.

The transaction forms part of a primary leveraged buyout (LBO), with the aim of accelerating the company’s development. Stags and MI3 become minority shareholders alongside the founders of Skores Media.

Using this new financial backing, coupled with structured debt from banks Société Générale, BNP Paribas and BPI, Skores Media will work to further develop its offering. This includes pursuing the international expansion of its flagship brands, with the business counting SportyTrader and Skores among its products.

Founded in 2009, Skores Media is a website and mobile application publisher, focused on sports fans. It has over five million monthly unique visitors, 60 million visits per month and four million fans across social networks.

Based in Europe, Skores Media recently launched specific versions tailored for the Af..

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