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