Disney (DIS) has grand plans to innovate at ESPN, including better integration with sports betting, CEO Bob Chapek told CNBC in an interview that aired Thursday.
Chapek said Disney does not plan to launch its own sportsbook, meaning it would take bets itself and issue payouts.
That's never in the cards for the Walt Disney Company."
It's worth noting that of Disney+, ESPN+ and Hulu, the only one that's currently profitable is Hulu.
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019.