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Pat McAfee makes fun of ESPN BET after disastrous Penn Entertainment earnings

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Sports,Sports Entertainment,Espn

Pat McAfee couldn’t help but throw shade at ESPN Bet during a segment on the World Wide Leader on Thursday.

stopped himself mid-sentence after an ad for the ESPN-sponsored and Penn Entertainment-operated sportsbook appeared on the screen.

The company came up short of expert estimates, reporting a net loss of $114.9 million and a year-over-year revenue decline of 3.8 percent during a disastrous earnings call for the first quarter of the year — the first with data from ESPN Bet. Pat McAfee hosts his show The Pat McAfee Show on Radio Row at the Mandalay Bay Convention Center ahead of Super Bowl LVIII on February 08, 2024 in Las Vegas, Nevada.Penn Entertainment’s stock price fell by as much as 15 percent Thursday, settling in at a near 9 percent drop for the day at market close.

“Now, granted, ESPN Bet, I don’t think ESPN people are running the book,” he added. “With that said, let’s go. You’ve got ESPN on it.

 

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