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Under Disney's wing, ESPN is preparing to strike a major deal with a new partner, which is a sports betting company DraftKings.
A recent report from a sports broadcaster didn’t disclose details of the deal, but said it would allow both companies to make good money on the wave of legalization of sports betting.
The sports betting industry has really been booming in the last few years For this reason, ESPN has been looking for potential partners among bookmakers for at least $3 billion deals with them for some time now.