Barstool Sportsbook rapidly gaining market share as PNG stock hits record high

PNG CEO Jay Snowden says operator is “dabbling” in traditional marketing as acquisition costs in Michigan are below $120

Penn National Gaming’s (PNG) interactive business reported strong market share gains in Pennsylvania in Q4 2020, with its Barstool Sportsbook securing 13.4% of the market based on handle of $188.3m. During the company’s Q4 earnings report, management also revealed Barstool Sportsbook recorded $27.5m in handle and $3.3m in GGR during its first 9 days of…

Barstool sports | Barstool sportsbook | Michigan | Penn Interactive | Penn National Gaming | Pennsylvania | Strategy