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“He is normalizing sports betting in ways one to really tend to been from while the irresponsible,” Mr. Whyte said. Mr. Portnoy received 10s away from millions of dollars inside the bucks and you may shares from Penn; he has told you he’s well worth regarding the $a hundred million. And then he is actually raised on the at the very top position worldwide out of wagering. Barstool offered to give the fresh playing program and Penn’s casinos on their audiences for up to 40 years. Right here are a way for Penn to reach tens away from many out of more youthful, digitally experienced activities admirers — an excellent group primed to own wagering but less likely to set base inside a casino. During the summer from 2019, a Barstool professional contacted Penn, whose sports-playing organization try confined to help you an excellent smattering out of casinos.
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