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Wyomissing’s Penn National Gaming buys piece of Barstool Sports for $163M (access required)

By: Stacy Wescoe
January 29, 2020 11:30 am

With sports betting becoming a larger portion of the casino industry’s income, Penn National Gaming of Wyomissing has entered an agreement to acquire a 36% interest in Bar Stool Sports Inc. for $163 million in cash and convertible preferred stock.

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