Disney's not hopping on the sports-gambling gravy train
Posted in: UncategorizedWhile many legacy media companies are taking a long look at how to best leverage the coming boom in legalized sports gambling, the Walt Disney Co. isn’t interested in getting into the numbers racket.
Speaking to investors Tuesday during Disney’s quarterly earnings call, Chairman and CEO Bob Iger declared that the Mouse House would not be making a foray into the sportsbook business any time soon.
“I don’t see the Walt Disney Co., certainly in the near term, getting involved in the business of sports gambling, in effect, by facilitating gambling in any way,” Iger said. Which isn’t to say that Disney will whitewash that particular aspect of sports; in fact, not only is the “Bad Beats” segment the most popular feature of Scott Van Pelt’s midnight “SportsCenter,” but ESPN’s Chalk vertical is entirely devoted to covering sports gambling.
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