• Loading stock data...
Thursday, September 18, 2025

Pull Up A Stool

Barstool Sportsbook
Barstool Sports

The launch of the Barstool Sportsbook app in Pennsylvania on Friday pushed Penn National Gaming’s stock up last week. It’s the first state launch for the app, a play by the casino company — which owns 36% of Barstool — to secure the loyalty of a dedicated media fanbase.

The app was the No. 1 downloaded sports app in the Apple Store by Friday evening. It’s the second time in six weeks that Barstool had an app hit No. 1, following the launch of the PlayBarstool, a free-to-play betting app for users to win cash prizes.

Penn National’s stock was up 17.24% for the week and 170.08% year-to-date. The share price fell 3.28% Friday, as much of the rest of the stock market did — Nasdaq Composite fell 1.07%.

Notable Earnings Report This Week:

9/22 — Nike

9/24 — Vail Resorts

This article is sponsored by Public.com. This is not investment advice. See Public.com/disclosures.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 24, 2025; Detroit, Michigan, USA; Detroit Pistons guard Malik Beasley (5) dribbles on New York Knicks guard Jalen Brunson (11) in the second half during game three of first round for the 2024 NBA Playoffs at Little Caesars Arena.

Adam Silver: NBA’s Problems With Gambling ‘Have Been Predictable’

Silver originally advocated for legalized sports betting in a 2014 op-ed.

Massachusetts Sues Kalshi to Block Sports Prediction Markets

A lawsuit claims the company’s offerings are indistinguishable from traditional sports bets.
Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.

Hornets Cancel Sports Betting Night Vs. Heat Over Terry Rozier Tie-In

Terry Rozier is under federal investigation for point-shaving in a 2023 game when he was on the Hornets.
[Subscription Customers Only] Jul 9, 2025; East Rutherford, New Jersey, USA; Real Madrid CF forward Kylian Mbappe (9) reacts after a semifinal match of the 2025 FIFA Club World Cup at MetLife Stadium.

CVC Builds Out Sports Division Amid Crowded PE Market

The firm’s sports portfolio is reportedly worth $13.6 billion.

Featured Today

Adriunna Brown

Business Is Booming for WNBA’s Top Beauty Pros

A network of stylists is shaping how players look, feel, and perform.
Premier Lacrosse League
September 14, 2025

‘The Circus Is Coming to Town’: Why Upstart Leagues Start on Tour

In their ambitious plans, a traveling schedule is only temporary.
PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.
September 13, 2025

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
patrick_mahomes

Super Bowl TV Viewership Sinks 8%

CBS Sports’ telecast of the Tampa Bay Buccaneers’ 31-9 victory over the Kansas City Chiefs averaged 91.629 million viewers, down 8%.
person_playing_cricket
December 23, 2020

Prominent Tech Execs Line Up to Back Cricket Growth In the U.S.

More than 20 investors have now bought into American Cricket Enterprise, parent company oMajor League Cricket.
man_riding_stationary_bike
December 28, 2020

Connected Fitness Company Echelon Lands $65 Million Investment

The funding came from Goldman Sachs and North Castle Partners, who now own controlling interests in the company.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
woman_holding_hockey_stick
December 23, 2020

NBC to Air NWHL Finals, Adds to Banner Year for Women’s Sports

It will be the first time professional women’s hockey games are shown live on a major national cable network in the U.S.
antetokounmpo_dribbling_basketball
December 23, 2020

‘Giannis Effect’ Felt by Bucks Following Record-Breaking Extension

Since he was drafted in 2013, the Bucks’ valuation has jumped from No. 30 in the league at $312 million to No. 19 at $1.58 billion.
December 22, 2020

Adam Silver Says NBA Expansion is ‘Manifest Destiny of the League’

“It’s sort of the manifest destiny of the league that you expand at some point,” NBA Commissioner Adam Silver said Monday.
December 22, 2020

Adidas Partners With Jerry Lorenzo, Fear of God Brand

Lorenzo will lead creative and business strategy for Adidas basketball globally, and launch a Fear of God athletics sub-brand.