Barstool Sportsbook

The state of Michigan is considered key for the online sports betting market as the most populous state where operations have launched. The state has 12 online sports betting operators. Here's a look at the May sports betting figures for the Great Lakes State.  Related Link:...

Many of the states with legalized online sports betting have reported April figures. Bank of America analyst Shaun C. Kelley breaks down the keys from April and which companies are winning and losing. April Sports Betting/iGaming Takeaways: Online sports betting was up 1,174% year over year for the...

Penn National Gaming reported first-quarter earnings Thursday morning, sending the stock lower. The keys for investors could be the discussion on growing momentum at land-based casinos and the continued rollout of Barstool Sportsbook.  What Happened: Penn National Gaming's (NASDAQ:...

Penn National Gaming Inc.'s (NASDAQ: PENN) stake in Barstool Sports is listed as a major catalyst by an analyst offering a take on the U.S. sports betting market.  The Penn National Analyst: Needham analyst Bernie McTernan initiated Penn National Gaming with a Buy...

One of the most influential names in media collides with a hot investment theme of 2021. What Happened: Barstool Sports, which is partially owned by Penn National Gaming (NASDAQ: PENN), announced a 1 of 1 non-fungible token that will be auctioned off to the highest bidder and never be minted again...

Michigan reported results for online sports betting and online casino for the month of March. The results showed how the state is becoming one of the largest in the industry despite February being its first full month of online sports betting. Online Sports Betting: Michigan reported $359...

New York has been one of the big storylines in the online sports betting industry with the state considering legalizing the market in 2021. News out on Tuesday show that the state could be close, but it may not be what everyone wanted. What Happened: New York could approve a limited-operator online...

Well-known media personality Dave Portnoy is influential to the Barstool Sports brand he founded, and a racy video of Portnoy is moving shares of a company that owns a big stake in Barstool Sports. What Happened: Portnoy held one of his "emergency press conferences" Tuesday where he...

Penn National Gaming (NASDAQ: PENN) CEO Jay Snowden highlighted the company’s progress for its online sports betting operations during an interview on CNBC's "Squawk Box." What Happened: Snowden told viewers that Barstool Sportsbook is live in the three states of Pennsylvania,...

Michigan is a "No. 1 seed for online growth" in sports betting and iGaming, BofA Securities analyst Shaun Kelley said Monday.  After a strong 10-day launch in January, online sports betting and iGaming in Michigan showed no signs of slowing down, the analyst said in an update on...

Michigan legalized online sports betting and officially launched with 10 operators on Jan. 22. The results from the month of January are out and show a close race between the top four operators. What Happened: For the first 10 days of legalized online sports betting, Michigan had $115.2...

In January 2020, casino operator Penn National Gaming Inc (NASDAQ: PENN) purchased a 36% stake in Barstool Sports. Here’s a look at how investors would have done if they invested in Penn National alongside the Barstool Sports purchase. What Happened: Penn National acquired a 36% stake in...

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...

Super Bowl LV could be a big story for sports betting-related companies, as more states have legalized betting ahead of this year's big game. Bettors can place bets on which team will win the game, how many points will be scored and who will take home the Super Bowl MVP trophy. Sportsbooks...

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...