Sports
March 1, 2023
Penn Entertainment Still Hasn’t Ruled Out Selling Barstool
Popular north American operator and provider of integrated entertainment, casino and sports experiences, Penn Entertainment, acquired some 36% stake in Barstool Sports, a leading sports website and digital media, in a deal for $163 million. This happened back in February 2020. Then, last month, three years after the initial interest acquisition, Penn acquired the remaining […]
Industry
February 17, 2023
PENN Completed Barstool Sports’ Remaining Share Acquisition
Casino gaming and sports betting company PENN Entertainment announced the completion of its previously announced acquisition of the remaining share of Barstool Sports for approximately $388 million. ‘Powerful Media with Authentic Voice’ The acquisition of the remaining interest in Barstool Sports completed the second stage of the acquisition of the sports media brand in which […]
Industry
February 8, 2023
Penn Game Studios’ Newest Game Plays Homage to Popular Podcast
The developer’s newest offering is already live in New Jersey, with more jurisdictions soon to follow. As PENN Entertainment’s in-house game development arm, Penn Game Studios drew inspiration from the popular Barstool podcast Pardon My Take. The multi-slot and progressive jackpot title attracts customers with its vibrant looks, several jackpots, and exciting mechanics. Pardon My […]
Legal
December 19, 2022
Ohio May Seek to Fine Penn’s Barstool over “Betting Promo” Blooper
One of those is Barstool Sports, the sportsbook alter ego of Penn Entertainment, which could be slapped with a $250,000 fine by the Ohio Casino Control Commission. According to the regulator, Barstool Sports may have already violated state laws with regard to sports wagering. Ohio Gambling Regulator to Look into Penn’s Barstool Betting Blooper The […]
Industry
November 23, 2022
White Hat Gaming Launches PAM in Maryland
White Hat Gaming, a state-of-the-art iGaming platform provider, has expanded its reach in the United States by launching its player account management (PAM) solution in Maryland. This is notably the fourteenth state where the company’s products are available. White Hat Gaming Entered Maryland White Hat Gaming will now be able to join Maryland sports betting […]
Sports
September 26, 2022
Barstool Produces Its Very Own College Basketball Tournament
US digital sports media company Barstool is setting its foot further into the college sports market with its own brand-new college basketball tournament called the Barstool Sports Invitational taking place on November 11 in Philadelphia. Barstool’s New Basketball Tournament Barstool Sports Invitational New York-based Barstool is organizing, producing, and broadcasting its first college sports tournament […]
Industry
August 18, 2022
Penn to Acquire the Remainder of Barstool Sports
Penn National Gaming, now rebranded as Penn Entertainment, announced its intentions to buy out the remainder of Barstool Sports, one of its longtime partners. The former company already owns a significant part of Barstool Sports and is now looking to finalize the acquisition. Penn to Acquire Barstool Sports Penn Entertainment has been working together with […]
Legal
February 9, 2022
Dave Portnoy Claps Back at Insider Over Sexual Assault Accusations
Dave Portnoy, the founder of Barstool Sports, the giant in which Penn National Gaming is planning to increase its stocks, has filed a lawsuit against several Insider employees and Insider itself as he claims that his privacy was violated and he was defamed over articles in which women were accusing him of sexual assault and […]
Business
December 9, 2021
The NGCB Contacts Penn National Over Dave Portnoy’s Antics
The Barstool Sports sportsbook does not have Nevada licensing. But, that isn’t stopping the Nevada Gaming Control Board (NGCB) from scrutinizing the company. According to CDC Gaming Reports, it has asked Penn National Gaming, its partner casino, about recent events involving founder Dave Portnoy, who has been accused of misconduct and sexual harassment. Barstool Under […]
Business
November 5, 2021
Penn National Stock Falls After Damaging Dave Portnoy Report
Penn National Gaming plunged 21% Thursday after it fell short of earnings estimates. However, that wasn’t the only reason. Business Insider published allegations of sexual misconduct against Dave Portnoy, the founder of Barstool Sports, of which Penn owns a significant piece Penn National PR Team Working Overtime Penn operates racetracks and casinos. It also owns […]