ESPN's Own Pat McAfee Mocks ESPN Bet Earnings: 'A Lot of Room to Grow'
The host of “The Pat McAfee Show” on ESPN stopped himself mid-sentence after an ad for the ESPN-sponsored and Penn Entertainment-operated sportsbook ESPN Bet appeared on the screen.
“Things are going great here,” McAfee said sarcastically as he pointed to the ESPN Bet logo on the screen. “Not at all.”
Yeah, ESPN Bet fell short of its expected earnings...Way short.
Penn Entertainment stock fell as much as 15% on Thursday morning after the company reported its first full quarterly earnings with numbers from ESPN Bet with Penn's stock closing Thursday at $15 a share, down 8.76%.
Revenue from its online segment, which includes ESPN Bet, was $208 million, lower than consensus estimates of about $237 million.
This is Pat McAfee laughing at ESPN Bet, saying "ESPN Bet's got a lot of room to grow," and then giving ESPN Bet a pep talk.
— Awful Announcing (@awfulannouncing) May 2, 2024
"We are on ESPN and obviously we're part of ESPN so we would like ESPN stuff to succeed."
Download the app today! pic.twitter.com/WayjxDUnfu
It probably doesn't help that people don't like the app.
One person on Twitter said: "ESPN bet is one of the most pathetic betting apps ever. Completely worthless and pointless using it. Use any other app but them. Worst promos and worst odd's. They purposely stack the deck against you. DO NOT TRUST ESPN BET. Lose your money anywhere else."
Another wrote: "ESPN should not be in the gambling biz What could go wrong? Fool$ line their pockets."
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Circa Sports Promising Biggest Football Contest Pool Ever
Back and bigger than ever. Circa Sports’ professional football contests – Circa Million and Circa Survivor – will break records again for the 2024-2025 season.
Today, Circa Sports CEO Derek Stevens released a video teasing the sixth year of the contests.
The full details on this year’s Circa Million and Circa Survivor will be announced in the coming weeks.
At the conclusion of the season, the Circa Sports team presented a multitude of checks, with highlights including:
$9.26 million split equally among the four winners of Circa Survivor to Circus Master, IndianaJet, Jax Jags and LAJoneser
$1 million to Circa Million V first place winner, Saint31
$500,000 Circa Million V second place winner, RDLOWN
$375,000 for each Circa Million V third place tie, LCPA and Two Gun
$200,000 for each Circa Million V fifth place tie, Manifest, River Monster, Whales Bet and Practice Squad QB
$100,000 booby prize for the last prize winner, Soda Man
$25,000 for the Circa Million V fourth quarter booby prize, CHARGERS10
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