Dave Portnoy

The founder of one of the most successful sports media companies of the last decade could be ready to call it quits. Here’s a look at where things stand between Penn Entertainment, Barstool Sports and Dave Portnoy. What Happened: The acquisition of Barstool Sports by Penn Entertainment (...

A leading fantasy sports and sports betting company has been honored with the "Heavy Hitter" award from Benzinga at the first Titans Sports Betting conference. What's A Heavy Hitter?: The Heavy Hitter Award is reserved for companies who've demonstrated material market share gains, competitive...

Needham & Co is hosting its Annual Needham Technology & Media (TMT) Conference this week and shared their thoughts with investors on PENN Entertainment Inc's (NASDAQ:PENN) Barstool Sportsbook, and where they expect the stock to go from current levels. The event featured a fireside chat with...

More states have legalized sports betting in recent years, leading to an increased number of people who could bet on games in the 2023 NCAA Men’s Basketball National Tournament. Some may have found out quickly that bad beats and backdoor covers can crush bets. What Happened: The 2023 NCAA Men...

Last year, revenue from U.S. casinos and gambling mobile applications reached a record $53 billion, the biggest ever recorded, up 21% over the previous yearly record set in 2019, shortly before the pandemic forced many of the industry's landing sports to close for months. If last year's $53...

Investors who bought stocks during the Covid-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom. Penn's Bumpy Ride: One company that has been a top...

Dave Portnoy called out people who are still supporting Kanye West on Tuesday, saying that people supporting him along political lines is “everything” that’s wrong with the United States. Portnoy posted his comments on Twitter Inc (NYSE: TWTR), which is poised to be bought out...

Investors can soon short all their favorite meme stocks with the immunity offered by an exchange-traded fund. What Happened: Rex Shares is planning to add 10 new series of inverse single stock ETFs, mostly meme stocks, Form N1-A filed by funds’ advisor Tidal ETF Trust II late Monday showed....

A plan from President Joe Biden to cut student loan debt has divided the country with some feeling happy and others mad. Among those speaking out against the plan are members of Congress, who feel Biden is being unfair. The official Twitter Inc (NYSE: TWTR) account of The White House clapped...

Two days after PENN Entertainment Inc. (NASDAQ: PENN) announced a full buyout of Barstool Sports, Barstool founder and CEO Dave Portnoy appeared on Fox Business to discuss the buyout and his take on meme stock trading. Portnoy On Penn: On Friday, Portnoy said the first thing he plans to do with the...

The CEO and co-founder of one of the largest social media companies is turning one of his childhood memories into a non-fungible token (NFT). Here’s the item featuring Mark Zuckerberg, which will be turned into an NFT and how it relates to his company Meta Platforms (NASDAQ: META). What...

CNBC host and television personality Jim Cramer took to Twitter Inc. (NYSE: TWTR) to take on cryptocurrency investors and young investors with a warning over “anger investing.” What Happened: Cramer has been known to share his opinions on stocks and the market via Twitter. Over the...

CNBC host and television personality Jim Cramer is known for being opinionated and for his hot takes on the markets and individual stocks. On Tuesday, Cramer took on new retail investors who may have entered the market thanks to a person known for sports and not stocks. What Happened: In...

Outspoken sports personality Dave Portnoy took to Twitter to share his take on Roe v. Wade being overturned by the Supreme Court. Here’s what he had to say. What Happened: Dave Portnoy, who is the founder of Barstool Sports, held an emergency press conference on Twitter Inc (NYSE: TWTR)...

Sports betting company DraftKings Inc. (NASDAQ: DKNG) seemingly drew the ire of National Football League defensive end JJ Watt when it unwisely tagged the Arizona Cardinals star in a tweet. What Happened: Watt shared a photo from the Cardinals preseason minicamp on his Twitter (NYSE: TWTR)...