Penn Entertainment and ESPN are ending the relationship that underpinned ESPN Bet — and the struggling sportsbook will be renamed.
Why it matters: ESPN Bet underperformed expectations since its launch in 2023, failing to capitalize on its high-profile branding in a competitive landscape dominated by the likes of DraftKings and FanDuel.
A new peace prize will be awarded at the World Cup draw in Washington, D.C., on Dec. 5 that recognizes "exceptional actions for peace and unity," soccer's international governing body FIFA announced Wednesday.
The big picture: FIFA president Gianni Infantino said in a statement that in an "increasingly unsettled and divided world, it's fundamental to recognize the outstanding contribution of those who work hard to end conflicts and bring people together in a spirit of peace."
