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Dave Portnoy buys Barstool Sports back for next to nothing, years after selling it

Penn sold Barstool Sports in return for non-compete covenants and the right to receive half the pro…

Katherine Tangalakis-Lippert   


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Dave Portnoy's Barstool Sports used sock puppet accounts to avoid copyright takedowns, Daily Beast reports

A Daily Beast investigation found more than 40 accounts associated with Barstool Sports were used t…

Katherine Tangalakis-Lippert   


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1 min read

PENN Entertainment stock jumps 20% after striking $2 billion sports-betting deal with ESPN

Penn Entertainment will partner will ESPN to launch ESPN Bets, a new US-based sports-betting platfo…

Jennifer Sor   


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Barstool Sports founder Dave Portnoy rips into Roe v. Wade decision, says it's 'pure insanity' and 'we are going backwards in time'

Dave Portnoy said that his comments criticizing the Supreme Court's decision to overturn Roe v Wade…

Travis Clark   


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Top NFL draft prospect Aidan Hutchinson said he follows Tom Brady's diet and regrets eating pizza while training for the combine

Aidan Hutchinson said he joined Tom Brady's wellness program, which cuts out foods like dairy, but …

Jackson Thompson   


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Natasha Dailey   


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The BUZZ ETF backed by Dave Portnoy has passed $500 million in total net assets

The VanEck Vectors Social Sentiment ETF, backed by Dave Portnoy, now boasts $503.1 million in total…

Will Daniel   


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Penn National Gaming hits record high, extending one week gain to 31% ahead of S&P 500 inclusion

The Barstool Sports stakeholder has rallied almost 3,000% since its lows at the onset of the pandem…

Emily Graffeo   


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Spirit Airlines is the latest meme stock amid 131% spike

The trading frenzy in Spirit Airlines first unfolded last week after a court blocked JetBlue's prop…

Matthew Fox   


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'Portnoy momentum' can drive Penn National 25% higher, Stifel says

Penn National has rallied 165% year-to-date, vastly outperforming the S&P 500's year-to-date return…

Matthew Fox   


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Barstool Sports could drive 'rapid share gains' for Penn National Gaming and help drive the stock 20% higher, according to Goldman Sachs

Penn stands at the crossroads of benefiting from "a rapidly rebounding regional casino space" and a…

Matthew Fox   


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Penn National plummets 20% after weak earnings and allegations against Dave Portnoy

Penn National owns a 36% stake in Barstool Sports, whose founder Dave Portnoy has denied the sexual…

Kelsey Vlamis   


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4 mins read

Dave Portnoy says the day-trading revolution will slow down once sports return and people go back to work, but gambling analysts aren't so sure

He told Business Insider: "It's probably a lot harder to be day trading and paying attention to the…

Saloni Sardana   


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Schwab chief investment strategist says the biggest mistake investors can make is a short-term approach that resembles gambling with the market

Liz Ann Sonders said the "biggest mistake investors can make is taking an all-or-nothing, 'get in, …

Emily Graffeo   


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6 mins read

Barstool is feuding with the NWHL after Dave Portnoy said one of its Black players should be 'in jail' for calling the site an 'openly racist platform'

Saroya Tinker - one of few Black players in the NWHL - tweeted that Barstool is not welcome in the …

Meredith Cash   


Isabelle Lee   


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Churchill Capital Corp. IV spikes up to 17% after Barstool Sports founder Dave Portnoy says he bought the stock

"I had a billion people tell me $CCIV was the go button today. I bought it. I'll prob get killed," …

Matthew Fox   


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Barstool's Dave Portnoy says he lost $700,000 on 'meme stocks' like GameStop and AMC: Robinhood CEO 'stole it from me and should be in jail'

Dave Portnoy tweeted that Robinhood CEO Vlad Tenev was to blame for his $700,000 loss, as the tradi…

Katie Canales   


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Barstool Sports founder Dave Portnoy released a video backing a new ETF designed to track Reddit-driven social-media buzz

"There is a new ETF launching that I'm a part of, that I'm putting my face behind, my reputation be…

Matthew Fox   


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3 mins read

Dave Portnoy's Barstool Sports takes on the betting giants

This week in advertising, we looked at Barstool Sports' betting strategy, Facebook's new CMO, and E…

Lucia Moses