The Stoolie

PENN Entertainment Completes Acquisition of Barstool Sports

Retrieved on: 
Friday, February 17, 2023
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PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today completed its previously announced acquisition of Barstool Sports, Inc. (“Barstool Sports” or “Barstool”) after previously acquiring a 36% stake of Barstool Sports in February 2020.

Key Points: 
  • PENN Entertainment, Inc. (Nasdaq: PENN) (“PENN” or the “Company”) today completed its previously announced acquisition of Barstool Sports, Inc. (“Barstool Sports” or “Barstool”) after previously acquiring a 36% stake of Barstool Sports in February 2020.
  • Since partnering with Barstool Sports in 2020, PENN has successfully developed an omnichannel strategy that leverages Barstool’s well-known brand and personalities.
  • PENN and Barstool Sports will continue to innovate and collaborate, including across Barstool’s sports bar footprint, to deliver compelling integrated gaming and entertainment experiences.
  • “We are extremely pleased to welcome Barstool Sports fully into the PENN Entertainment family,” said PENN Entertainment CEO and President, Jay Snowden.

SLING TV launches exclusive Barstool Sports Channel

Retrieved on: 
Friday, September 3, 2021
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ENGLEWOOD, Colo., Sept. 3, 2021 /PRNewswire/ --SLING TV announced today a new, exclusive channel in collaboration with Barstool Sports that is now available for both SLING subscribers and SLING Free users.

Key Points: 
  • ENGLEWOOD, Colo., Sept. 3, 2021 /PRNewswire/ --SLING TV announced today a new, exclusive channel in collaboration with Barstool Sports that is now available for both SLING subscribers and SLING Free users.
  • "We're thrilled to partner with Barstool Sports to bring the new Barstool Sports Channel to streaming TV audiences across America, giving broader exposure to their highly engaging content and personalities," said Michael Schwimmer, President, SLING TV.
  • SLING users can access the Barstool Sports Channel via the SLING guide to catch special commentary, live content and more in time for the college football season.
  • "Having our own channel on SLING is another way for Barstool to continue to move the goal post and break barriers in broadcast and streaming," said Erika Nardini, CEO, Barstool Sports.