Barstool Sports

The old adage for media companies is “content is king,” and the world of streaming platforms has put sports media rights in focus. Live sports continue to generate huge viewership and command premium advertising dollars, but one league was rejected by a major streaming platform. What...

Two days after PENN Entertainment Inc. (NASDAQ: PENN) announced a full buyout of Barstool Sports, Barstool founder and CEO Dave Portnoy appeared on Fox Business to discuss the buyout and his take on meme stock trading. Portnoy On Penn: On Friday, Portnoy said the first thing he plans to do with the...

Casino, sports betting and media company Penn National Gaming (NASDAQ: PENN) announced second quarter financial results before the market opened Thursday. The Wyomissing, Pennsylvania-based company also announced a new name to better align with its future growth, following acquisitions of theScore...

CNBC host and television personality Jim Cramer is known for being opinionated and for his hot takes on the markets and individual stocks. On Tuesday, Cramer took on new retail investors who may have entered the market thanks to a person known for sports and not stocks. What Happened: In...

Outspoken sports personality Dave Portnoy took to Twitter to share his take on Roe v. Wade being overturned by the Supreme Court. Here’s what he had to say. What Happened: Dave Portnoy, who is the founder of Barstool Sports, held an emergency press conference on Twitter Inc (NYSE: TWTR)...

Casino and sports betting operator Penn National Gaming (NASDAQ: PENN) reported first-quarter earnings Thursday morning. Here are the key highlights for investors. What Happened: Penn National reported first-quarter revenue of $1.56 billion, up 22.7% year-over-year. The total came in ahead of...

A sports media company has filed a trademark for a restaurant brand. Here’s the latest. What Happened: Sports fans familiar with Barstool Sports and its founder Dave Portnoy have grown accustomed to getting reviews of pizzas with his popular “One Bite” reviews. Barstool Sports...

Elon Musk made headlines once again Thursday with news that he has offered to buy out the remainder of Twitter Inc (NYSE: TWTR). The news has increased the volatility in shares of the social media company and also led to a number of opinions on what the buyout means. What Happened: Elon Musk, the...

The founder of a leading sports media company is rooting against legendary golfer Tiger Woods at the 2022 Masters Tournament. What Happened: In an interview on Fox Business show “Varney & Co” Friday, Barstool Sports founder Dave Portnoy shared that he’s rooting against Woods...

Two influential voices have shared their thoughts on Bitcoin this week. Here’s the latest from Kevin O’ Leary and Dave Portnoy. Reserve Currency: Investor and “Shark Tank” star Kevin O’Leary has been a vocal Bitcoin (CRYPTO: BTC) bull for some time. “Bitcoin will...

Residents of Ontario, Canada ages 19 and up could officially bet on sports online and participate in online gaming beginning Monday.  Here’s a look at how the market sizes up and some of the largest players in the territory. What Happened: Ontario is now offering online sports...

Casino and sports betting company Penn National Gaming Inc (NASDAQ: PENN) reported fourth-quarter and full fiscal year earnings Thursday. Here are the highlights. What Happened: Fourth-quarter revenue for Penn National Gaming was $1.6 billion, beating a Street consensus estimate of $1.5 billion,...

Barstool Sports founder Dave Portnoy is no stranger to sharing his stock and cryptocurrency purchases with his followers on Twitter Inc (NYSE: TWTR). On Friday, Portnoy shared a huge purchase of Bitcoin (CRYPTO: BTC). What Happened: Portnoy took to Twitter to share that he bought 29.5169 Bitcoin a...

This article was originally published on February 11, 2021 2:46 pm. It was one of the most read articles on Benzinga.com this year. Editor's note: since the publication of this article, Sundial has traded down 75%. It seems like Portnoy sold at the very top. Sundial Growers Inc (NASDAQ: SNDL)...

Barstool Sports is buying the business and market news publication The Water Coolest. What Happened: In an effort to expand content and drive further engagement in areas beyond sports and pop culture, the digital media company has announced the purchase of the Long Island City,...