Penn Entertainment acquires rest of Barstool Sports for $388 million
The deal values Barstool Sports at $606 million.
The deal values Barstool Sports at $606 million.
According to state regulators, the Barstool Tailgate Show violated Ohio law by targeting college students to promote its sportsbook.
"Key to our strategy is integrating theScore media app with Barstool Sportsbook, which we’re currently working towards."
Indiana gambling regulators are conducting a review of Penn and Barstool "related to the recent news articles about Mr. Portnoy."
"We are now uniquely positioned to seamlessly serve our customers with the most powerful ecosystem of sports, gaming and media in North America, ultimately creating a community that doesn’t currently exist."
"I think that if we aligned ourselves with one company with a shared vision that company would have an extraordinary advantage in the race to becoming the leading gambling company in the United States."