Penn National

Barstool Sportsbook

Barstool Sportsbook Parent Joins Sports Betting Cash Race

Another day, another sportsbook operator getting nearly $1 billion from the public markets. This time, it’s newcomer Barstool Sportsbook. Penn National sold 16.1 million shares at $61 each to raise $982.1 million in gross proceeds. The regional casino operator used standard language in its SEC Form 8-K detailing the transaction, stating general corporate purposes that […] Read More
Posted on: October 1, 2020 | Sports Betting | Matthew Waters
Barstool Sportsbook

‘Haters’, ‘Critics’ Welcome Barstool Sportsbook To PA Sports Betting Market

The anticipated launch of Barstool Sportsbook formally occurs Friday as the company’s PA sports betting app is available for download. Penn National Gaming partnered in January with Barstool Sports to serve as its primary US sports betting brand. Pennsylvania becomes the first state with the reskinned Kambi app in time for Week 2 of NFL […] Read More
Posted on: September 18, 2020 | Sports Betting | Adam Candee
Penn National

Our View: Penn National Should Hold Itself Accountable On Barstool Sports

Penn National will not save Barstool Sports from itself. It can’t. Only the willing can rehabilitate. It shouldn’t. They’re partners, not parents. What Penn National can and should do, however, is stop trying to bleach its chosen sports betting brand. It’s time to own your investment in a media company laden with racist, misogynistic, xenophobic […] Read More
Posted on: August 18, 2020 | Opinion Sports Betting | Adam Candee
Barstool Sportsbook

No Surprise Where Barstool Sportsbook Will Launch Its App First

The upcoming launch for Penn National‘s Barstool Sportsbook app will begin in Pennsylvania, with more states expected by the first quarter of 2021. That’s according to the company’s second-quarter earnings release, which saw Penn lose $79.3 million in adjusted EBITDA during the second quarter. The regional casino operator was hit hard by the coronavirus pandemic […] Read More
Posted on: August 6, 2020 | Sports Betting | Matthew Waters
Privacy Policy