XFL openly embraces gambling, reaches large audience

Another image that shows a football
The XFL is back again, trying for a second time to be an off-season competitor to the National Football League in the United States. The second season began the week after the Super Bowl, on February 8, and the league's owner -- the WWE's Vince McMahon -- is hoping for better, more long-lasting results this time around. One positive thing ... Read more

Penn National buys stake in Barstool Sports

Infamous sports items such as a tennis racket or a basketball
A gaming company is making a major investment in a media company all as part of a push to capitalize on the huge popularity and future projected growth of sports betting in the United States. Penn National Gaming Inc. announce recently it will invest $163 million into Barstool Sports. The deal will value Barstool sports at $450 million. Penn National ... Read more