WYOMISSING, Pa.-( BUSINESS WIRE)- Mar. 11, 2024- ESPN BET, the official sportsbook of ESPN, released today in North Carolina as the state's legal sports wagering market opened. Fans in the state now have access to the state-of-the-art mobile and web betting platform, which offers a range of markets across sports and leagues from worldwide, including straight bets, cross-sport parlays, props, and in-game betting, along with daily odds increases, custom offers, special promotions and combinations with ESPN content and personalities. ESPN BET, operated by PENN Entertainment (" PENN") (Nasdaq: PENN), is now live in 18 states.

To commemorate, ESPN BET is hosting a launch party for fans 21+ at Rally in Charlotte on Friday, March 15, including ESPN's Stephen A. Smith. The occasion will start at 5:30 p.m., and will include complimentary refreshments, music, activities, prizes, and a lot of screens to follow all the March college basketball action.

" We're enjoyed bring ESPN BET to North Carolina, which marks the very first new state launch under our ESPN collaboration," stated Jay Snowden, CEO and President of PENN Entertainment "Together, we're delighted to engage with sports fans across the state and provide a remarkable sports wagering experience. We applaud the North Carolina State Lottery Commission and all of the stakeholders included in developing this new legal sports wagering market."

"Launching ESPN BET for North Carolina fans is a turning point," said Mike Morrison, of ESPN BET and ESPN Fantasy. "This marks a significant stride forward, developing on the momentum from our inaugural launch in November. Now, fans have the opportunity to align themselves with a sportsbook backed by the relied on ESPN brand name, providing an unequaled experience on the planet of sports wagering."

PENN protected market gain access to in North Carolina through a partnership with Quail Hollow Club, a personal golf club in Charlotte that has actually hosted a few of the video game's greatest players and events. Additionally, ESPN BET is the special official wagering operator of the Wells Fargo Championship, a PGA TOUR Signature Event that will be held at Quail Hollow Club in May.

PENN and ESPN are dedicated to offering a safe environment for all consumers to enjoy gaming responsibly. ESPN BET uses comprehensive Responsible Gaming tools and resources, including limitations on time, deposits, and betting quantities. For more information, check out espnbet.com/rg.

Must be 21+ to bet. If you or someone you understand has a gambling problem and desires help, call 1-800-GAMBLER. In North Carolina, call 877-718-5543 or go to morethanagame.nc.gov.

About PENN Entertainment. PENN Entertainment, Inc., together with its subsidiaries ("PENN," the "Company," "we," "our," or "us"), is The United States and Canada's leading provider of integrated entertainment, sports material, and casino gaming experiences. PENN runs 43 residential or commercial properties in 20 states, online sports wagering in 19 jurisdictions and iCasino in five jurisdictions, under a portfolio of well-recognized brands consisting of Hollywood Casino ®, L'Auberge ®, ESPN BET ™ and theScore Bet Sportsbook and Casino ®. In August 2023, PENN participated in a transformative, unique long-term tactical alliance with ESPN, Inc. and ESPN Enterprises, Inc. (together, "ESPN") connecting to online sports betting within the United States. PENN's ability to utilize the leading sports media brand names in the United States (ESPN) and Canada (theScore) is central to our extremely separated technique to expand our footprint and effectively grow our client environment. The Company's concentrate on natural cross-sell opportunities is reinforced by our market-leading retail casinos, sports media properties, and technology, consisting of an exclusive modern, completely incorporated digital sports and iCasino betting platform and an internal iCasino material studio. PENN's portfolio is additional reinforced by our industry-leading PENN Play ™ client commitment program, which offers our over 29 million members a distinct set of rewards and experiences throughout business channels.

Source: Penn Entertainment