![]() ![]() ![]() Penn National uses the Barstool name as the brand of its digital sportsbook, which launched in Pennsylvania in September 2020 and now operates in 12 states. Penn National also received the right to acquire full ownership afterward of the Boston-based sports media company then valued at $450 million. Penn National acquired a 36% share of Barstool Sports for $163 million in January 2020 in a deal calling for additional investment of $62 million within three years to attain 50% ownership. Unfazed by the latest sexual misconduct allegations against Barstool Sports founder Dave Portnoy, the head of Penn National Gaming affirmed in a quarterly investment call Thursday morning that the gaming company will proceed toward full ownership of Barstool. Caesars Palace Online Casino Bonus Code.
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