Gambling in the USA

Penn National Gaming Holds Talks to Buy Barstool Sports

Published

5 years ago

January 16, 2020

Niji Narayan

Penn National Gaming Holds Talks to Buy Barstool Sports

Reading Time: < 1 minute

Penn National Gaming, the owner of Hollywood Gaming at Mahoning Valley Race Course, has held talks to buy Barstool Sports.

Barstool founder Dave Portnoy said: “We continue to speak or have spoken with everybody from DraftKings to FanDuel to Stars to PointsBet to Penn to Willam Hill to MGM to Rush Street, etc. I think that if we aligned ourselves with one company with a shared vision, that company would have an extraordinary advantage in the race to becoming the leading gambling company in the United States.”

Penn National operates 41 sites across the country, with many offering horse racing, along with bets on both live races and telecasts. The acquisition of Barstool would likely come with applying the site’s branding to some of its betting operations.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.