Portnoy sold off another chuck of Barstool Sports in February 2020 to PENN Entertainment, who acquired a 36% stake, laying ...

The Barstool Sports founder didn’t hold back from defending ... in Barstool for more than $160 million in 2020. In 2023, Penn acquired the rest of the platform for almost $390 million, but ...

The Penn Gaming Acquisition In February 2020, Portnoy sold a majority stake in Barstool Sports to Penn National Gaming. Penn Gaming acquired 36% of Barstool Sports for about $163 million.