Dave Portnoy

Sports betting company DraftKings Inc (NASDAQ:DKNG) recently reported fourth-quarter financial results and increased guidance for 2024. Along with the announced financial results, DraftKings announced the acquisition of digital lottery company Jackpocket and recently announced a partnership with...

A rumored partnership between sports media company Barstool Sports and sports betting company DraftKings Inc (NASDAQ:DKNG) was confirmed Sunday after the conclusion of Super Bowl LVIII. Here are the details. What Happened: A recent report suggested that Barstool Sports is renewing its media...

One of the most famous voices in sports media could be re-entering the sports betting sector after making an exit last year. Here's a look at the latest on Barstool Sports, the company founded by media personality Dave Portnoy. What Happened: Sports betting and casino company PENN Entertainment (...

Barstool Sports founder Dave Portnoy recently announced he was purchasing shares of Spirit Airlines Inc (NYSE: SAVE) after the company’s merger with JetBlue (NASDAQ: JBLU) fell through and Spirit’s stock fell more than 50%. A minute after Portnoy announced his buy, Spirit announced that...

Shares of airline company Spirit Airlines, Inc. (NYSE:SAVE) were increasingly volatile on Thursday, hitting new 52-week lows after rumors of restructuring options being explored. One well-known internet and sports personality bought shares of the struggling airline company, only to see an immediate...

Ten years ago, Jersey Jerry was a union pipe fitter in Pennsylvania. Now he’s hitting golf balls into a simulator for an audience that would fill a SEC football stadium to the brim.  Jerry began a challenge to hit a hole-in-one on Barstool Sports’ golf simulator in the company...

Business Insider announced on Tuesday it will be parting ways with its long-time CEO Henry Blodget. The company also said that it would be reverting to its old "Business Insider" brand name, ditching the shorter "Insider" it adopted in 2021.  Barbara Peng will...

The world of sports betting and sports technology is evolving at a rapid pace, and it’s not just the big celebrities and industry giants reaping the rewards. Thanks to crowdfunding platforms like StartEngine, regular investors can now get in on the action and potentially make profitable...

When PENN Entertainment (NASDAQ: PENN) announced an agreement with The Walt Disney Company (NYSE: DIS) that will see the launch of ESPN Bet in the fall, the sports betting company also announced it would be divesting the Barstool Sports business, turning the company back to its...

The sports betting sector was rocked when PENN Entertainment (NASDAQ: PENN) said Tuesday it's partnering with The Walt Disney Company (NYSE: DIS) to launch an ESPN Bet-branded sportsbook in the fall. Both companies shared details on the partnership with their quarterly reports week....

“Mad Money” host Jim Cramer sat down with PENN Entertainment (NASDAQ:PENN) President and CEO Jay Snowden on Wednesday to talk about the company’s new partnership with ESPN and the divestiture of Barstool Sports back to its founder Dave...

The PENN Entertainment (NASDAQ: PENN) partnership with sports media company ESPN includes the divestiture of Barstool Sports, returning the company to its founder Dave Portnoy.  Penn is selling 100% of Barstool Sports back to Portnoy in exchange for “certain...

PENN Entertainment (NASDAQ: PENN) stock jumped after the market close Tuesday after the company unveiled a partnership with sports media company ESPN, second-quarter earnings and the divestiture of Barstool Sports. Here’s a look at what analysts are saying about Penn and its competitors...

Former President Donald Trump has a long history of fighting, whether battling his opponents during the past two presidential races (and one going on right now), combatting the press on social media, threatening fire and fury against other nations or clashing with the laws of the U.S. The...

A Florida man and Miami sports fan, known as “Nicky Smokes” on Twitter, bet Barstool Sports founder Dave Portnoy that if the Miami Heat defeated the Boston Celtics, he would get a job at Barstool. Conversely, if the Celtics won, Smokes would have had to get a tattoo of a clover titled...