In February of 2020, Penn National purchased a 36% equity interest in “Barstool Sports Inc.” which is a leading digital sports, entertainment, media, and lifestyle brand. Penn National Gamming ($PENN) owns and manages several gaming and racing properties, retail sports betting operations, online sports betting operations, and video gaming terminal (VGT) operations. Furthermore, they have numerous macroeconomic factors that they can take advantage of to accelerate their growth.
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