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PENN Entertainment Launches ESPN BET in Washington, D.C.

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Announced by PENN Entertainment (PENN, Financials), ESPN BET, its official sportsbook, is now open in Washington, D.C., therefore increasing its availability to 20 U.S. jurisdictions.

Using its mobile app, website, and other connections, the platform lets customers wager on a variety of sports and leagues. Among the features are choices for daily odds changes, live betting, and account linkage via ESPN. PENN Entertainment said that users of the account connection may monitor bets via ESPN's app and website.

By means of a contract with Monumental Sports & Entertainment, PENN Entertainment obtained market access in Washington, D.C., the business stated. The contract also names ESPN BET as a Washington Capitals, Wizards, and Mystics partner, according the release.

PENN Entertainment said the sportsbook is available on PC, iOS, and Android at www.espnbet.com. Emphasizing its emphasis on safe gambling, the business said ESPN BET provides options to control wagers, playtime, and deposits.

With brands like Hollywood Casino and theScore BET, PENN Entertainment runs in 28 countries throughout North America. The business said that part of its approach to increase its offers is stressing its integrated digital platform and alliances.

This article first appeared on GuruFocus.