Barstool Sportsbook Has Been A Big Success And Dave Portnoy 'Couldn't Be Happier' 2020/11/24 16:03:11 Benzinga
Jason Raznick , founder and CEO of Benzinga , the largest news and data provider to global brokerages and news outlets, on his show the Raz Report discusses entrepreneurship, financial markets and overcoming challenges to success. In this week's episode, Raznick sat down with Barstool Sports founder Dave Portnoy to talk about his journey, secrets to success, as well as his vision for the future. Portnoy, who some may consider the new "King of All Media" due to his huge popularity on Twitter and Barstool's podcast network, discussed the company's latest foray into sports betting with the new Barstool Sportsbook mobile app, built in partnership with Penn National Gaming Inc (NASDAQ: PENN ). In A Position To Excel: In early September, Penn National Gaming soft-launched the Barstool Sportsbook App in Pennsylvania, which passed a bill legalizing the activity in 2019. The development comes after Penn acquired a 36% interest in Barstool Sports to utilize the brand for betting and iCasino products.
Penn National Gaming Names Marla Kaplowitz to Board of Directors 2020/11/24 12:00:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“the Company” or “Penn National”) announced today that the Company’s Board of Directors has appointed Marla Kaplowitz to the Board, subject to customary regulatory approvals. Ms. Kaplowitz’s appointment will expand the size of the Board to eight members, six of whom satisfy the standards for director independence under the current Listing Rules of the NASDAQ Stock Market. Ms. Kaplowitz is President and Chief Executive
Penn National Gaming (NASDAQ:PENN) Earns Overweight Rating from Analysts at Piper Sandler 2020/11/20 13:42:50 Transcript Daily
Piper Sandler initiated coverage on shares of Penn National Gaming (NASDAQ:PENN) in a research report released on Thursday morning, The Fly reports. The brokerage issued an overweight rating on the stock. Other analysts also recently issued research reports about the stock. Craig Hallum increased their target price on shares of Penn National Gaming from $75.00 […]
Penn National General Counsel, Carl Sottosanti, to Retire After Distinguished 17 Year Career; To Be Replaced by Veteran Gaming Industry Legal Executive, Harper Ko 2020/11/19 20:00:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced today that Carl Sottosanti, Executive Vice President, General Counsel and Secretary, plans to retire effective December 31, 2020. As his successor, the Company named 20 year gaming industry legal executive, Harper Ko, who will serve as Executive Vice President, Chief Legal Officer and Secretary, effective January 1, 2021, subject to customary regulatory approvals. Ms. Ko join
Penn National Gaming Is Facing a Coronavirus Blitz 2020/11/18 16:18:27 InvestorPlace
With the return of sports, PENN stock seemed like a no-brainer. However, the Covid-19 crisis has taken a turn for the worse.
Sports Betting Expansion Makes Penn National Gaming a Strong Buy 2020/11/06 21:34:28 InvestorPlace
Everybody's talking about the blue and red waves, but don't forget about the "green wave" that's poised to enrich PENN stock holders in 2021.
Penn National Gaming Set to Open First Retail Barstool Sportsbook at Ameristar Casino Resort Spa Black Hawk Today 2020/11/05 20:00:00 Business Wire
WYOMISSING, Pa. & BLACK HAWK, Colo.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) announced that it expects to open its first retail-branded Barstool Sportsbook at Ameristar Casino Resort Spa Black Hawk (“Ameristar Black Hawk”) today at 4:00pm MT, subject to any final regulatory approvals. “We are very excited to be opening the first Barstool Sportsbook in the country at Ameristar Black Hawk,” said Jay Snowden, President and CEO of Penn National
DraftKings, Penn National Gaming stocks shoot higher after sports betting election sweep 2020/11/04 18:22:00 MarketWatch
Shares of online gaming and casino operators traded broadly higher Wednesday, after a sports-betting election sweep and new land-based gambling and casino…
10 Stocks To Watch After Sports Betting Is Legalized In Louisiana, Maryland, South Dakota 2020/11/04 17:15:20 Benzinga
The 2020 election saw proposals for sports betting pass in the three state ballots it was on. Louisiana, Maryland and South Dakota represent 4% of the U.S. adult population and will allow sports betting as early as 2021. Here is a look at the companies that could benefit from the three additional states passing sports betting. Penn National Gaming (NASDAQ: PENN ): In an October presentation , Penn National listed upcoming ballot initiatives as a growth plan. The company has the option to acquire the Hollywood Casino Perryville in Maryland. Penn National also has five casinos in Louisiana. Penn National saw success with its Barstool Sportsbook in Pennsylvania and is converting its physical sports betting properties to coincide with the Barstool brand name. Related Link: Talking Sports Betting And Dave Portnoy With BETZ ETF Founders MGM Resorts International (NYSE: MGM ): The MGM National Harbor is one of six casinos open in Maryland. The physical casino could give MGM’s joint venture BetMGM an inside track to launch online sports betting in the state.
Sports betting stocks rally after U.S. states back legalization - BNN Bloomberg 2020/11/04 14:24:37 BNN Bloomberg
Companies that offer online sports gambling like DraftKings Inc., Penn National Gaming Inc., and Flutter Entertainment Plc rallied Wednesday morning after a trio of states voted in favor of ballot measures aimed at legalizing sports betting and other gaming expansion.
Taking the Temperature of the Sports Betting Landscape - Schaeffer's Investment Research 2020/10/16 16:09:46 Schaeffers Investment Research
DraftKings (DKNG) and Penn National Gaming (PENN) are two stocks that could be undervalued if sports betting continues to rise in popularity
Penn National Gaming Stock Is Pricey but Probably Unstoppable 2020/10/14 13:26:20 InvestorPlace
September's successful launch of the Barstool Sportsbook app means that PENN stock, while expensive, will most likely keep on running.
How to Play Penn National Gaming Stock Without Getting Sacked 2020/10/14 10:00:33 InvestorPlace
It’s time to pay attention to what bears are saying and doing in PENN stock. A great offense is made stronger by a good defense.
Penn National Gaming CEO: Barstool Sportsbook app to be in every state where sports betting legal in 2021 2020/10/13 14:10:42 Yahoo Finance
"As you get into 2021, I think you should expect for us to be in every state that's legal, where we operate and can launch by the end of 2021," Snowden told "The Claman Countdown" on Monday. "We'll be in well over a dozen states by the end of the calendar year."
Penn National Gaming to Report Third Quarter Results and Host Conference Call and Webcast on October 29 2020/10/08 11:00:00 Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (PENN: Nasdaq) announced today that it will release its 2020 third quarter financial results at 7:00 a.m. ET on Thursday, October 29, 2020 and will host a conference call and simultaneous webcast at 9:00 a.m. ET on Thursday, October 29. Both the call and webcast are open to the general public. The conference call number is 212/231-2905; please call five minutes in advance to ensure that you are connected prior to the presentation. Int