Penn sells Barstool back, licenses ESPN Bet
2023
PENN Entertainment
Barstool Sports is sold back to founder Dave Portnoy; Penn signs a 10-year deal to rebrand its book as ESPN Bet.
- Year
- 2023
- Type
- Divestment
- Value
- $1.5bn licence
2023
PENN Entertainment
Barstool Sports is sold back to founder Dave Portnoy; Penn signs a 10-year deal to rebrand its book as ESPN Bet.