Jan
29
Barstool Sports’ New Investor Signals Deepening Ties to Betting
Posted in: UncategorizedIn a move that signifies deeper ties to sports betting for the digital media publication, Barstool Sports has a new investor. Penn National Gaming, a regional operator of casinos and racetracks, intends to acquire a 36% interest stake in the site worth about $163 million in cash and convertible preferred stock, according to the two…
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