Dave Portnoy buys back Barstool Sports for just $1, while Penn Entertainment spends $1.5 billion on an ESPN partnership called the 'white whale' of sports…

Dave Portnoy buys back Barstool Sports for just $1, while Penn Entertainment spends $1.5 billion on an ESPN partnership called the 'white whale' of sports…

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Penn Entertainment is trading one sports media brand as a betting partner for one with an even bigger name—ESPN—that it hopes will give a huge upgrade its gambling business. The casino company will pay ESPN $1.5 billion to license its brand name for its sports betting operation over the next 10…

#pennentertainment #espn #johnholden #fortune #barstoolsports #daveportnoy #barstool #hollywoodreporter #disney #magickingdoms

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