https://www.abouttanzanitejewelry.com/news/penn-entertainment-details-strategy-strengthen-espn-bet/ Latest Casino and Gaming News Fri, 09 Aug 2024 14:05:15 +0000 hourly 1 https://wordpress.org/?v=6.4 https://www.abouttanzanitejewelry.com/news/penn-entertainment-details-strategy-strengthen-espn-bet/#comment-380606 Fri, 09 Aug 2024 14:05:15 +0000 https://www.abouttanzanitejewelry.com/news/?p=327386#comment-380606 The trouble for the sportsbooks is that with online gambling, sports betting has become a commodity with no differentiation between brands in the eyes of bettors. They just shop around for the best odds and have no brand loyalty. In my state I have 16 online sportsbooks to choose from. A brand like ESPN with only a 4% market share is going be chewed up by overhead costs. I predict a big shakeout in the industry with only a few survivors.

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