It is now live in 17 states across the country. The practice is now legal in more than half of the United States.ĮSPN BET, which officially launches today, is being operated by PENN Entertainment. According to the American Gaming Association, sportsbooks generated $7.5 billion in revenue last year. Supreme Court granted states regulatory power over sports betting in 2018 as part of a seminal decision that rendered the Professional and Amateur Sports Protection Act unconstitutional, the eminence and extent of sportsbooks in the United States has precipitously expanded.
When ESPN and PENN Entertainment inked a 10-year deal to launch an online sportsbook, it cemented the start of a strategic partnership to make a collective impact in the sports betting space.
