Penn National Archives - Legal Sports Report

Analysis: Has Barstool Sportsbook Already Hit A Ceiling?

Barstool Sportsbook promised to deliver a podium position in US sports betting with unmatched profitability. New numbers suggest that might not be the case. Read More

Posted on: April 7, 2021 | | Brad Allen

PointsBet Gains Pennsylvania, Mississippi Market Access In Expanded Penn National Deal

PointsBet now has market access in Pennsylvania and Mississippi. The company gains sports betting and iGaming in Pennsylvania. In Mississippi, only retail sportsbooks enjoy legalization. The access comes from an extension of a previous agreement with Penn National Gaming announced Thursday by PointsBet. PointsBet and Penn National relationship grows PointsBet has market access to 14 states, […] Read More

Posted on: March 25, 2021 | | Pat Evans

Is Barstool Sportsbook Coming To The Big Apple?

Penn National has gained market access for New York in a two-way deal with Rush Street (RSI) that also gives BetRivers access to four states. Read More

Posted on: February 22, 2021 | | Brad Allen

Westgate SuperBook Takes Aim At Barstool Sportsbook Trademark Infringement

A potential trademark battle is brewing between newcomer Barstool Sportsbook and stalwart Las Vegas operator Westgate SuperBook. Barstool Sports founder Dave Portnoy on Wednesday tweeted a cease-and-desist letter sent by Westgate Las Vegas legal representatives. The letter claims infringement of the use of “GOOD TEAMS WIN, GREAT TEAMS COVER” – a trademark owned by Westgate. […] Read More

Posted on: February 18, 2021 | | Pat Evans

The Week In Sports Betting News: Penn Climbs On Barstool’s Wings

Happy Monday, everyone. This week will feature no shortage of sports betting news as most legal states should report their Super Bowl handle, but last week had plenty of news as well. The LSR Podcast talked about what Super Bowl betting looks like in the US this year compared to last year along with some […] Read More

Posted on: February 8, 2021 | | Matthew Waters

Deal Or No Deal: How M&A Could Shape US Sports Betting In 2021

Analysts expect the recent run of transactions in the US sports betting space to continue in 2021, with a "flood of capital" looking to enter the market. Read More

Posted on: January 27, 2021 | | Brad Allen

Barstool Sportsbook Heading To Maryland in 2021 Following New Penn National Acquisition

Penn National Gaming has acquired a casino property in Maryland and plans to launch the Barstool Sportsbook product on-property and online. Read More

Posted on: December 15, 2020 | | Brad Allen

Analysis: Who Will Win Third Place In US Sports Betting Market?

LSR analyzes who will emerge from BetMGM, Barstool Sportsbook and Caesars/William Hill to take third place in the US sports betting market. Read More

Posted on: December 2, 2020 | | Brad Allen

Massachusetts Sports Betting Again Rejected By Senate

The chances of Massachusetts even addressing sports betting this year, let alone legalizing, appear much longer after the Senate‘s budget decisions this week. The Senate again rejected the addition of sports betting to its fiscal 2021 budget proposal, which is months overdue. Sen. Bruce Tarr submitted an amendment legalizing sports wagering, just as he did […] Read More

Posted on: November 19, 2020 | | Matthew Waters