PENN, Disney's ESPN $1.5B deal scores with investors

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PENN Entertainment shareholders celebrated after the entertainment company announced on Tuesday it would partner with Disney's ESPN to create a sports betting company.

MARK ZUCKERBERG SAYS HE’S 'READY TODAY' FOR FIGHT AGAINST ELON MUSK: ‘NOT HOLDING MY BREATH’"PENN Entertainment and Barstool Sports have gone our separate ways…As of this moment, while you are watching this video, I have purchased back Barstool Sports from PENN. That is right: For the first time in a decade, I own 100% of Barstool Sports.""PENN Entertainment and Barstool Sports have gone our separate ways," Portnoy said in a video on X, formerly known as Twitter.

Portnoy said he has "nothing but the most respect" for the PENN team. However, Portnoy admitted being associated with PENN didn’t allow for the content the platform was used to making. FANATICS COUNTERSUES PANINI AMERICA AFTER ANTITRUST LAWSUIT IN LATEST DRAMA WITHIN TRADING CARD INDUSTRY The Barstool Sportsbook section of the casino Hollywood Casino in Morgantown, Pennsylvania, on Dec. 17, 2021.

 

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