![]() The new sports betting platform also had two promotional offers to land new customers, which include $200 in bonus bets and up to a $1,000 deposit match. "We thought it would be the top sports betting app, but top in the whole app store is higher than expected," McTernan said. The Analyst Takeaways: ESPN Bet is the top app for the entire iOS app store, McTernan noted in an initial take on the betting platform. The Penn Analyst: Needham analyst Bernie McTernan has a Buy rating on Penn and a price target of $33. Here's one analyst's early reaction to the betting platform and what it could mean for Penn stock. Loading.Ĭasino company PENN Entertainment Inc PENN launched the ESPN Bet sports betting platform earlier this week, which comes thanks to a licensing agreement with Walt Disney Co DIS. Integration with the ESPN media unit is underwhelming for the analyst. ![]() ESPN Bet Tops App Store Rankings, But Media Integration Is 'Underwhelming Thus Far In Our View,' Analyst Says ![]()
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