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Disney Builds a New Magic Kingdom in Sports Betting

Timothy L. O'Brien September 23, 2021

Even the Walt Disney Co., about as family-centric as a Fortune 500 corporation can be, likes sports gambling’s prospects and wants in on the action.

Bob Chapek, the company’s chief executive, told investors at a conference on Tuesday that Disney plans to get “aggressive” about expanding its presence in sports wagering. It is considering forging closer licensing partnerships with gambling operators through ESPN, its sports broadcasting powerhouse.

Complete article: Disney Builds a New Magic Kingdom in Sports Betting

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