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Disney's ESPN will enter the online sports betting industry on Nov. 14 with the debut of its ESPN BET platform in 17 states, Hope writes.
Why it matters: "Getting into sports betting is a perceived business necessity for ESPN," John Kosner, a former ESPN executive, tells WSJ.
State of play: DraftKings is now the U.S. market leader in online sports and casino gambling, with 2.3 million monthly unique payers as of Q3.
The intrigue: There's not a lot of consensus on how sports betting companies fare during economic downturns.
What to watch: "[Some] addiction experts fear a coming national epidemic to rival the opioid crisis," The Hill reports.