Barstool Sports

The sports betting market was shocked with the announcement that PENN Entertainment Inc (NASDAQ: PENN) entered into a 10-year licensing deal with Walt Disney Co (NYSE: DIS) to launch the ESPN Bet platform later this year. Analysts were mixed with the impact on Penn Entertainment...

When PENN Entertainment (NASDAQ: PENN) announced an agreement with The Walt Disney Company (NYSE: DIS) that will see the launch of ESPN Bet in the fall, the sports betting company also announced it would be divesting the Barstool Sports business, turning the company back to its...

The sports betting sector was rocked when PENN Entertainment (NASDAQ: PENN) said Tuesday it's partnering with The Walt Disney Company (NYSE: DIS) to launch an ESPN Bet-branded sportsbook in the fall. Both companies shared details on the partnership with their quarterly reports week....

“Mad Money” host Jim Cramer sat down with PENN Entertainment (NASDAQ:PENN) President and CEO Jay Snowden on Wednesday to talk about the company’s new partnership with ESPN and the divestiture of Barstool Sports back to its founder Dave...

The PENN Entertainment (NASDAQ: PENN) partnership with sports media company ESPN includes the divestiture of Barstool Sports, returning the company to its founder Dave Portnoy.  Penn is selling 100% of Barstool Sports back to Portnoy in exchange for “certain...

PENN Entertainment (NASDAQ: PENN) stock jumped after the market close Tuesday after the company unveiled a partnership with sports media company ESPN, second-quarter earnings and the divestiture of Barstool Sports. Here’s a look at what analysts are saying about Penn and its competitors...

Sports betting and casino operator PENN Entertainment (NASDAQ: PENN) is set to report second quarter financial results before the market opens Wednesday. Here’s a look at the key estimates and details to watch. Earnings Estimates: PENN Entertainment is expected to report second quarter...

Former President Donald Trump has a long history of fighting, whether battling his opponents during the past two presidential races (and one going on right now), combatting the press on social media, threatening fire and fury against other nations or clashing with the laws of the U.S. The...

Mangoceuticals, Inc. (NASDAQ: MGRX) shares are up Thursday after the company announced that it will be a new sponsor for Barstool Sports' "Only Stans" podcast. What To Know:  MGRX co-founder and CEO, Jacob Cohen spoke about why this partnership makes sense, saying, "We...

The founder of one of the most successful sports media companies of the last decade could be ready to call it quits. Here’s a look at where things stand between Penn Entertainment, Barstool Sports and Dave Portnoy. What Happened: The acquisition of Barstool Sports by Penn Entertainment (...

A leading fantasy sports and sports betting company has been honored with the "Heavy Hitter" award from Benzinga at the first Titans Sports Betting conference. What's A Heavy Hitter?: The Heavy Hitter Award is reserved for companies who've demonstrated material market share gains, competitive...

Sports betting giant DraftKings Inc (NASDAQ: DKNG) has grown from a leading daily fantasy sports operator to a sports betting leader over the years and has also looked to diversify itself in the sports sector. Here’s a look at its new efforts. What Happened: The Boston-based company announced...

Last year, revenue from U.S. casinos and gambling mobile applications reached a record $53 billion, the biggest ever recorded, up 21% over the previous yearly record set in 2019, shortly before the pandemic forced many of the industry's landing sports to close for months. If last year's $53...

Investors who bought stocks during the Covid-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Penn's Bumpy Ride: One company that has been a top...

Mike Tyson and Ric Flair are both renowned for their unique style and approach within their respective sports. So it's no surprise that a joint appearance to promote their new business partnership at this week's Benzinga Cannabis Capital Conference in Chicago was anything but...