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barstool sold for 450 million pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

How much is Barstool worth?

The deal values Barstool, which has its roots as a rowdy Boston sports blog founded in 2003, at an eye-popping $450 million. Earlier this month, I reported for Recode that the Chernin Group, which bought a majority stake in Barstool in 2016, was close to selling the company to Penn National.

Is Barstool Sports a sports betting company?

A media company has become a sports betting company: The owner of Barstool Sports has agreed to sell the popular and controversial digital sports publisher to Penn National Gaming, a regional gambling operator. The deal values Barstool, which has its roots as a rowdy Boston sports blog founded in 2003, at an eye-popping $450 million.

Should Barstool Sports be sold to a gambling company?

In that sense, Barstool’s sale to a gambling company is perfect. Penn National Gaming finalized its purchase of Barstool Sports late Tuesday, valuing the company at a whopping $450 million. The regional casino operator will immediately buy a 36% stake in Barstool for $163 million in cash and stock, according to the Wall Street Journal.

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