This sports betting company ended its ESPN deal early, and investors like it. Here's why.

Core Viewpoint - Penn Entertainment has decided to terminate its sports betting deal with ESPN approximately eight years ahead of schedule, leading to a rally in its stock price [1] Group 1 - The company is now pursuing an independent strategy in the sports betting market following the end of its partnership with ESPN [1] - The early termination of the deal is expected to provide Penn Entertainment with greater flexibility and control over its sports betting operations [1] - The stock performance indicates positive market sentiment towards the company's decision to go solo in the sports betting sector [1]