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ESPN signs deal to create branded US gambling sportsbook

ESPN has agreed to a licensing deal with Penn Entertainment to create ESPN Bet, a sportsbook for US audiences to launch later this year. (Photo: AFP)

NEW YORK: Sports broadcaster ESPN announced Tuesday it has signed a licensing deal with Penn Entertainment to create a branded sportsbook for audiences in the United States that will launch later this year.

Penn will rebrand its current sportsbook in the 16 states where it is licensed to ESPN Bet, with the change…

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