Barstool Sports

Michigan launched online sports betting on January 22, with a handful of companies offering their services in the 10th most populous state in America. I downloaded six of the sports betting apps to test them out during the first weekend. Here is a look at how they fared in terms of...

Casino and sports betting company Penn National Gaming announced fourth-quarter earnings before market open Thursday. What Happened: Fourth-quarter revenue totaled $1.03 billion for Penn National Gaming (NASDAQ: PENN), which was down from the prior year and missed the Street estimate of $1.09...

Dave Portnoy said he purchased $700,000 worth of AMC Entertainment Holdings Inc (NYSE: AMC) shares Wednesday. What Happened: The Barstool Sports owner told Fox Business host Stuart Varney that he bought back into the theater chain after exiting positions in the Reddit hot stocks...

CbdMD Inc. (NYSE: YCBD) agreed to donate up to $500,000 from its online sales to The Barstool Fund, an initiative set up by Barstool Sports Founder Dave Portnoy to provide financial aid to small businesses. What Happened: “As fellow entrepreneurs and small business owners, we know firsthand...

Cold emails are underrated. That’s according to Michael Gruen, an entrepreneur, angel investor, consultant and media personality. Called “one of the most mysterious, obnoxious, interesting humans who ever walked the world,” by Barstool Sports founder Dave Portnoy, Gruen...

Barstool Sports Founder Dave Portnoy and hedge fund manager Steve Cohen on Thursday argued via Twitter (NYSE: TWTR) over the battle between retail traders and hedge funds. What Happened: Portnoy has spent the past few days defending the retail traders who helped send shares of stocks...

Chamath Palihapitiya has made a lot of money over the years investing in companies. An investment in GameStop Corp (NYSE: GME) paid off in a hurry and Palihapitiya is now paying it forward with a donation to charity. What Happened: Palihapitiya bought call options in GameStop on Tuesday with a...

One of the hottest stocks on the market continued its wild ride on Monday. What Happened: Shares of GameStop Corp (NYSE: GME) closed Monday's trading session up 18% to $76.79. Shares traded between $61.13 and $159.18 during the day, setting new all-time highs for the...

Barstool Sports founder Dave Portnoy has been raising money to support struggling small businesses impacted by the COVID-19 pandemic. A casino company is set to seriously increase the amount of money raised for The Barstool Fund. About The Barstool Fund: The Barstool Fund has raised $29.1...

Ahead of the rollout of Barstool Sportsbook in Michigan, this casino gaming stock just got a new bullish initiation. The Penn National Analyst: Credit Suisse analyst Benjamin Chaiken initiates Penn National Gaming (NASDAQ: PENN) with an Outperform rating and $128 price target. The Penn...

Set to launch in Michigan on Friday, Jan. 22, the Barstool Sportsbook could be getting a big boost with two new faces joining the promotional team. What Happened: Barstool Sports founder Dave Portnoy announced two new partners for the Barstool Sportsbook during an episode of the Dave Portnoy Show...

Michigan's highly anticipated launch of online sports betting is set to happen on Friday, Jan. 22. Nine companies have been approved to launch online sports betting offerings, according to Roundhill Investments. Penn National: The Barstool Sportsbook app from Penn National Gaming (NASDAQ:...

Chad Hurley, co-founder of Alphabet Inc-owned (NASDAQ: GOOG)(NASDAQ: GOOGL) YouTube, on Saturday said he donated to The Barstool Fund, a nonprofit initiative started by Barstool Sports founder Dave Portnoy. What’s Happening: Despite an attempt to assist businesses in light of the...

Penn National Gaming (NASDAQ: PENN) was one of the best-performing stocks in 2020 with shares up over 200%. What Happened: KeyBanc analyst Brett Andress initiated a Sector Weight rating on Penn National on Thursday due to a "lofty assumption" versus peers. Penn...

Sports betting continued to be a big story in 2020 even as the sporting world faced major disruptions with scheduling due to the COVID-19 pandemic. What Happened: Thanks in part to its 30% ownership stake in Barstool Sports, shares of Penn National Gaming (NASDAQ: PENN) were up over 230% in 2020....