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Michigan Online Sports Betting Review: How 6 Apps Fared, Plus Early User Data Figures
Saturday, February 6, 2021 - 10:10am | 1160Michigan 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...
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Barstool Sports Brand Shines In Penn National's Q4 Report
Thursday, February 4, 2021 - 11:29am | 442Casino 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...
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Dave Portnoy Stakes $700K On AMC Again After Exiting All 'Meme Stocks'
Thursday, February 4, 2021 - 2:12am | 489Dave 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...
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CbdMD To Donate Up To $500K From Sales To Portnoy's Barstool Fund
Monday, February 1, 2021 - 4:40pm | 383CbdMD 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...
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Entrepreneur And Media Personality Michael Gruen On The Power In Cold Emailing, Connecting
Saturday, January 30, 2021 - 11:06am | 1016Cold 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...
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Dave Portnoy And Steve Cohen Get Snippy Over Thursday's Trading Halts
Thursday, January 28, 2021 - 6:12pm | 592Barstool 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...
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Palihapitiya, Jon Najarian Donating GameStop Profits To The Barstool Fund
Wednesday, January 27, 2021 - 4:08pm | 519Chamath 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...
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Davey Day Trader's Take On GameStop Madness? 'Adapt Or Die'
Monday, January 25, 2021 - 7:02pm | 417One 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...
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Barstool Fund Nears $30M For Small Businesses And Is About To Get A Huge Boost From Michigan
Friday, January 22, 2021 - 5:25pm | 555Barstool 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...
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4 Reasons To Like Penn National: Cost Savings, Sports Betting Margins And More
Wednesday, January 20, 2021 - 3:00pm | 290Ahead 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...
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Barstool Sportsbook Inks Deals With Nickmercs, Logan Paul Ahead Of Michigan Launch
Wednesday, January 20, 2021 - 12:05pm | 513Set 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...
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Michigan Enters Online Sports Betting Game, With Barstool And DraftKings Ready To Roll
Tuesday, January 19, 2021 - 4:42pm | 648Michigan'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:...
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YouTube Co-Founder, Influencers Donate To $27M Barstool Fund
Monday, January 18, 2021 - 11:15am | 855Chad 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...
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Bad Timing? Jim Cramer, Dave Portnoy React To Negative Calls On Penn National
Thursday, January 14, 2021 - 11:50am | 546Penn 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...
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Boosted By Barstool, Penn National's Stock Passes MGM, $100 Share Price: So What's Next?
Wednesday, January 13, 2021 - 9:05am | 953Sports 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....