penn entertainment is taking full control of barstool sports as part of a $387 million deal. barstool sports is now “fully owned by casino operator and entertainment company penn entertainment,” according to todd spangler of variety. penn paid about $388 million for the remaining stake in barstool sports that it doesn’t already own, the sports and entertainment company said friday. continuing to build its brand in the digital marketplace, the chernin group has acquired a 51% stake in the site barstool sports, sources confirm to variety. the barstool dalliance with penn entertainment continues to make money for dave portnoy. According to a regulatory filing, the founder of barstool sports is.
Gallery of Barstool Chernin Deal
