M&A

Five questions from Penn National Gaming’s deal with Barstool Sports

Did Penn buy too high and will there be a culture clash? Penn’s Jon Kaplowitz answers our questions regarding the $163m deal

Penn National Gaming announced the acquisition of a 36% stake in online sports media outlet Barstool Sports for $163m last week, in a deal that will see the operator launch a Barstool-branded sportsbook. EGR North America caught up with head of Penn Interactive, Jon Kaplowitz, to break down some of the deal’s more interesting details. Were…

Barstool Sports | Jon Kaplowitz | M&A | Penn National Gaming | Strategy | US | US sports betting

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