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☆ Caitlin Clark: Indianapolis Star columnist Gregg Doyel apologizes for his awkward moment with Caitlin Clark
▼ + stars: | 2024-04-18 | by ( Michael Nam | ) edition.cnn.com time to read: +2 min

The discussion began with Gregg Doyel, a columnist for the Indianapolis Star newspaper, making a heart with his hands to Clark, a gesture Clark often used during her college basketball career. I sincerely apologize.”In a separate post on X, he added: “Caitlin Clark, I’m so sorry. Caitlin Clark Introductory Press ConferenceDoyel’s back and forth with Clark was almost universally panned online. — I now realize what I said and how I said it was wrong, wrong, wrong. “Caitlin Clark, I’m so sorry.”But users on X accused him of using the incident as a way to produce content and of missing the point of the offending behavior.

Persons: Caitlin Clark’s, Gregg Doyel, Clark, ” Doyel, “, we’ll, emoji, ”, “ Caitlin Clark, I’m, Doyel, Caitlin Clark, Nicole Auerbach, Dave Portnoy, — I’m Organizations: New, New York CNN, University of Iowa, Indiana Fever, Indianapolis Star, “, Indy, Press, Media, The Athletic, NBC, Sports, Indy Star Locations: New York

☆ He Was Blinded in One Eye, but Salman Rushdie’s Vision Is Undiminished
▼ + stars: | 2024-04-14 | by ( Sarah Lyall | ) www.nytimes.com time to read: +1 min

Last May, nine months after the knife attack that nearly killed him, Salman Rushdie made a surprise appearance at the 2023 PEN America literary gala. His voice was weak and he was noticeably thinner than usual; one of his eyeglass lenses was blacked out, because his right eye had been blinded in the assault. But anyone wondering whether the author was still his old exuberant self would have been immediately reassured by the way he began his remarks, with a racy impromptu joke. “I want to remind people in the room who might not remember that ‘Valley of the Dolls’ was published in the same publishing season as Philip Roth’s ‘Portnoy’s Complaint,’” he said, riffing on an earlier speaker’s mention of Jacqueline Susann’s potboiler. It was also a triumphant signal that his brush with death — more than three decades after Ayatollah Ruhollah Khomeini of Iran issued a fatwa calling for Rushdie’s murder over the novel “The Satanic Verses” — had dampened neither his spirit nor his determination to live life in the open.

Persons: Salman Rushdie, Philip Roth’s ‘, ’ ”, riffing, Jacqueline Susann’s potboiler, Jacqueline Susann, Philip Roth’s, — “, ‘, Rushdie, Ruhollah Khomeini, — Organizations: PEN Locations: Iran

☆ Barstool's Dave Portnoy won $2.7 million betting on UConn in NCAA men's final
▼ + stars: | 2024-04-09 | by ( Jessica Golden | ) www.cnbc.com time to read: +2 min

Barstool Sports founder Dave Portnoy is cashing in $2.76 million on UConn's big win over Purdue Monday night in the NCAA men's championship game. FanDuel said the men's championship game saw a 52% year-over-year increase in bet count and a 42% year-over-year increase in handle. At Caesars , Monday's championship game accounted for the most same-game parlays ever placed on a college basketball game at their sportsbook. FanDuel, BetMGM and Fanatics say the championship game was their single biggest betting event on women's sports. Caesars said the women's championship saw double the previous handle record for a women's college basketball game.

Persons: Dave Portnoy, Portnoy, DraftKings, Barstool, FanDuel, Craig Mucklow, Caitlin Clark, BetMGM, Mucklow Organizations: Florida Atlantic Owls, Loyola, Ramblers, Wintrust Arena, Barstool Sports, Purdue, NCAA, Huskies, CNBC, DraftKings, Penn Entertainment, Washington , D.C, American Gaming Association, Caesars Locations: Chicago , Illinois, Washington ,

☆ The exclusive island where people keep giving away homes for free — even though the typical house costs $3.6 million
▼ + stars: | 2024-04-06 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

But in stark contrast to the eight-figure homes is another common Nantucket practice: giving away homes for free. It is much cheaper, however, to move a "free" house onto a property than to construct an entirely new dwelling. Some of the 'free' homes do good for the communitySome of Nantucket's year-round workforce lives in repurposed "free" homes. Maremagnum/Getty ImagesBuyers of the "free" homes fall into three main categories, Cohen told Business Insider. Since 1994, Housing Nantucket has repurposed 39 "free" homes into income-capped rentals on the island.

Persons: —, Stephen Schwarzman, Dave Portnoy, Anne Kuszpa, It's, Steven Cohen, Cohen, they're, there's, Kuszpa Organizations: Service, Blackstone, Barstool, Wall Street Journal, Housing, Business Locations: Nantucket, Massachusetts, Cape Cod, Housing Nantucket, Miacomet

☆ This guy is serious about crypto, but his joke character has gone viral
▼ + stars: | 2024-03-13 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Read previewLike a lot of people, Nick O'Neill got the crypto bug during the pandemic. But then he stumbled into a bit of viral fame: A joke post he made boasting about his crypto prowess took off, fueled in part by people who didn't realize he was joking. "Choose rich" is O'Neill's catchphrase, which is mostly a joke, but also very similar to things people used to say on crypto Twitter, for real. AdvertisementPeter Kafka: You make this thing that is a little sincere but is mostly a joke, and it triggers people who don't think it's a joke. Peter Kafka: I couldn't tell if you were satirizing crypto, or crypto culture, or Twitter/X culture.

Persons: —, Nick O'Neill, he's, O'Neill, Crypto, There's, Peter Kafka, That's, It's, bro, Solana, NFTs, Dan Bilzerians, there's, you've, X Nick O'Neill, Dave Portnoy's Organizations: Service, Business, pic.twitter.com, Twitter, MySpace, Washington Locations: Miami, Solana

☆ Dartmouth's vote to unionize is 'a monumental moment for college athletics', says SBJ's Ben Portnoy
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDartmouth's vote to unionize is 'a monumental moment for college athletics', says SBJ's Ben PortnoyBen Portnoy, Sports Business Journal college sports reporter, joins 'Squawk Box' to discuss news of Dartmouth men's basketball team voting to become the first-ever labor union for college athletes, potential ramifications of the unionization, what it means for college athletics going forward, and more.

Persons: SBJ's Ben Portnoy Ben Portnoy Organizations: Sports Business, Dartmouth men's

☆ ESPN Bet plans launch in New York, the largest U.S. betting market
▼ + stars: | 2024-02-13 | by ( Contessa Brewer | ) www.cnbc.com time to read: +2 min

ESPN Bet is coming to the Big Apple. Wynn Interactive, a subsidiary of Wynn Resorts, was awarded a New York mobile sports betting license in 2021. Penn was not — and it has missed out on the action from the nation's largest sports betting market. But Eilers & Krejcik estimated ESPN Bet came away with 8% market share when it launched in November, good enough to take a third-place position. Now, if New York gaming regulators sign off on the license transfer to Penn, ESPN Bet could provide new and potentially formidable competition in the nation's biggest sports betting market.

Persons: Wynn, Penn, Dave Portnoy, Portnoy, FanDuel, Shaun Kelley, Taylor Swift, Travis Kelce Organizations: ESPN Bet, Big Apple, Penn Entertainment, Wynn Resorts, Wynn Interactive, New, New York, Gaming Commission, ESPN, National Football League, Caesars, Krejcik, Bank of America, NFL, Kansas City Chiefs, Penn, CNBC PRO Locations: New York, Pennsylvania, BetMGM

☆ How financial advisors are using AI
▼ + stars: | 2024-02-12 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow financial advisors are using AIJason Pereira, senior partner & financial planner at Woodgate Financial, and Brian Portnoy, Shaping Wealth founder, join CNBC's Bob Pisani on 'ETF Edge' live from the ETF Exchange conference in Miami to discuss how financial advisors are incorporating artificial intelligence into their work and the role the technology is playing on Wall Street.

Persons: Jason Pereira, Brian Portnoy, Bob Pisani Organizations: Woodgate Financial, Wealth, Exchange Locations: Miami

☆ ETF Edge, February 12, 2024
▼ + stars: | 2024-02-12 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge, February 12, 2024Tony Rochte, Morgan Stanley Investment Management global head of ETFs, Alison Doyle, Nasdaq's ETP Listings head, Rob Harvey, Dimensional Funds co-head of product specialists, Jason Pereira, senior partner & financial planner at Woodgate Financial, and Brian Portnoy, Shaping Wealth founder, join CNBC's Bob Pisani on 'ETF Edge' live from the ETF Exchange conference in Miami to discuss ETF trends on their radar this year, how financial advisors are using AI and more.

Persons: Tony Rochte, Morgan, Alison Doyle, Nasdaq's, Rob Harvey, Jason Pereira, Brian Portnoy, Bob Pisani Organizations: Morgan Stanley Investment Management, Funds, Woodgate Financial, Wealth, Exchange Locations: Miami

☆ Bitcoin, AI and Magnificent 7: The emerging ETF trends as industry gathers for big conference
▼ + stars: | 2024-02-12 | by ( Bob Pisani | ) www.cnbc.com time to read: +9 min

To grow, the ETF industry has to expand the offerings of active management and devise new ways to entice investors. The big topics in 2024: Bitcoin, AI, Magnificent 7 alternativesIn 2024, the industry is betting that the new crop of bitcoin ETFs will pull in billions. Financial advisors are divided on whether to jump inTen spot bitcoin ETFs have successfully launched. Inflows into bitcoin ETFs to date have been modest, but bitcoin ETFs are being viewed by some advisors as the first true bridge between traditional finance and the crypto community. Jason Pereira, senior partner & financial Planner, Woodgate Financial, is speaking on how financial advisors are using artificial intelligence.

Persons: Matt Hougan, Steve Kurz, David LaValle, Ric Edelman, Edelman, Gary Gensler's, bitcoin, Jason Pereira, Pereira, Roundhill's, Alex Zweber, Eric Veiel, Rowe Price, Brian Portnoy, Neil Bage, feely Organizations: ETF, LIV, Miami, Super, Advisors, JPMorgan, bitcoin, Galaxy, Edelman, Digital Assets, Financial Professionals, SEC, Apple, Microsoft, NVIDIA, China ETF Locations: Fontainebleau, Miami Beach, China, bitcoin

☆ Meet the Man Behind Litquidity, the Anonymous Instagram Account Dominating Wall Street
▼ + stars: | 2024-02-07 | by ( Reed Alexander | Hayley Cuccinello | ) www.businessinsider.com time to read: +26 min

The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Lit capitalized on poking fun at Wall Street culture, selling $35 dad hats that read, "Do You Know Who My Father Is?" There have, of course, been endless rumors about Lit's identity, especially among Wall Street underlings. Wall Street underlings have speculated about Litquidity's identity for years. Basak, one attendee said, wanted to take a "wrecking ball through it all" and hold Wall Street heavy hitters accountable.

Persons: Goldman Sachs, I've, David Solomon, Litquidity, Goldman, Solomon, Evercore, Michael Kovac, Lit, Warburg Pincus, Jamie Dimon, Jamie Dimon's, Banksy, Bennett Jordan, who've, Lit's, — Mark Moran, —, Jefferies, Richard Handler, Spencer Platt, Isaac Laifer, Laifer, Handler, We'd, Henry, Hank, Medina, He's, he's, Jefferies Medina, Bart P, Fuchs, Karl Smith, Mark Moran, Moran, Bloomberg he'd, Zack DeZon, Getty Images Moran, Brian Hanly, Hanly, Sonali Basak, Angela Weiss, cryptocurrency, we'll, Mark, Medina's, weren't, CoinFLEX, Litquidity doesn't, Dave Portnoy, wasn't, Medina Ayden Syal, Kyle Zappitell, Zappitell, he'd, hasn't, Bennett Jordan —, Craig Sjodin, Litney, Paul Argenti, Wall Organizations: Goldman, New York Times, CNBC, Business, Bloomberg, Metropolitan Club of New, Nomura, Citigroup, Financial Times, Litney Partners, Whitney Partners, BI, ESPN, Litquidity, Centerview Partners, New York, Getty, Bain Capital, Litquidity Venture Partners, SEC, Cornell University, Wexford Capital —, Deutsche Bank, Deutsche, CFA, Getty Images, Bullish, Vice, Wall Street, Litquidity's, Manhattan's Rue, Fox Business, Litquidity Ventures, Coatue Management, SAFE, Soho House, Dartmouth University Locations: New York, Tribeca, Metropolitan Club of New York, Instagram, San Francisco, Medina, New York City, Miami, NoHo, Chad, Connecticut, Litquidity, Linktree, Soho

☆ Lightning Round: Palantir CEO is the 'Dave Portnoy of cybersecurity', says Jim Cramer
▼ + stars: | 2024-02-06 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Palantir CEO is the 'Dave Portnoy of cybersecurity', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Wolfspeed, Purecycle, Otter Tail, Palantir, Liberty Energy and more.

Persons: Dave Portnoy, cybersecurity, Jim Cramer Organizations: Liberty Energy

☆ 'Loud budgeting' is mentally and financially 'healthy,' says expert—and it's good etiquette too
▼ + stars: | 2024-01-29 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

A number of stories emerged recently explaining the rise of a new viral money trend on TikTok: loud budgeting. And as long as you do it right, loud budgeting shouldn't ruffle feathers in your social circles either, says Diane Gottsman, an etiquette expert and founder of the Protocol School of Texas. "Loud budgeting is just another way of saying open communication," she says. Why loud budgeting is healthy financial psychologyGood money management requires two types of literacy, Portnoy says. The etiquette of loud budgeting: Be positive, but don't overshare

Persons: TikToker Lucas, I've, Buzzfeed, Brian Portnoy, Diane Gottsman, Portnoy, you've Organizations: Protocol, of Texas

☆ Forget ‘spend less’ or ‘save more.’ Make this your No. 1 financial resolution for 2024
▼ + stars: | 2023-12-28 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +7 min

New York CNN —You may think that improving your financial life is simply a matter of taking unpleasant but necessary steps: Curb spending. So make just one financial new year’s resolution for 2024: Figure out what financial well-being means for you. You can avoid the action but you can’t bury something completely when it comes to money,” Agnew said. Spend in ways that are true to who you are, not others’ expectationsBeyond creating a greater sense of security, financial well-being is about using your money as you wish. Figure out your relationship with moneyThere are plenty of other ways to define financial well-being for yourself.

Persons: ”, Ashley Agnew, you’re, Agnew, you’ll, ” Agnew, “, Meghaan, It’s, ” Lurtz, Lurtz, Brad Klontz, Morgan Hounsel, Brian Portnoy Organizations: New, New York CNN, Financial Therapy Association, Centerpoint Advisors Locations: New York, Here’s

NEW YORK (AP) — ESPN Bet, a rebranded sports-gambling app owned by Penn Entertainment, is set to launch Tuesday. Under the agreement, Penn will operate ESPN Bet while ESPN promotes the app across its online and broadcast platforms. It's unclear when ESPN Bet will officially be available to download. In addition to the $1.5 billion licensing deal, Penn also said it would grant ESPN rights worth about $500 million to purchase shares in Penn. The upcoming launch of ESPN Bet could take Walt Disney Co.-owned ESPN into uncharted waters.

Persons: Penn, Dave Portnoy Organizations: ESPN Bet, Penn Entertainment, ESPN, Penn, Sports, Walt Disney Co Locations: — Arizona, Colorado , Illinois , Indiana , Iowa , Kansas , Kentucky, Louisiana , Maryland , Massachusetts, Michigan , New Jersey , Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Penn

☆ Israel’s cyber defense chief tells CNN he is concerned Iran could increase severity of its cyberattacks
▼ + stars: | 2023-11-06 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +8 min

So far, suspected Iranian hackers appear to have had minimal impact on their publicly claimed targets in Israel in the last month. But Portnoy said those hackers have been relatively quiet in the latest Israel-Hamas war (Israeli airstrikes have decimated internet infrastructure in Gaza.) “There is a gap between their [cyber] capabilities and their rhetoric,” the official told CNN, referring to Iran-backed hackers. “Even the successful, real cyberattacks are probably not going to be about the actual attack,” John Hultquist, Mandiant’s chief analyst, told CNN. This campaign is “maybe the most sophisticated we have seen from Iran on a technological level,” Sergey Shykevich, threat intelligence group manager at Check Point, told CNN.

Persons: “, ”, Gaby Portnoy, ” Portnoy, Portnoy, –, Christopher Wray, ” Wray, ” Eric Goldstein, CrowdStrike, ” John Hultquist, “ It’s, Solomon, Israel, Adam Meyers, CrowdStrike’s, ” Meyers, Sergey Shykevich Organizations: CNN, Israel National Cyber Directorate, Lebanese, Hezbollah, Palo Alto Networks, Hamas, Infrastructure Security Agency, FBI, Boston Children’s Hospital, ” CNN, Iranian, United Nations, “, Islamic Revolutionary Guard Corps Locations: Iran, Israel, Saudi Arabia, East, Iranian, Syria, Iraq, Tehran, –, Palo, Gaza, Palestine, China, Russia

☆ US travelers describe chaotic scenes inside Israel's 'completely mobbed' Ben Gurion airport amid war with Gaza
▼ + stars: | 2023-10-10 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +5 min

Over 40 airlines have canceled flights in and out of Israel amid the ongoing war. AdvertisementAdvertisementTravelers at Israel's Ben Gurion airport attempting to get home amid escalating violence are facing a chaotic atmosphere with extensive delays, long lines, and canceled flights, several travelers told Insider. The ongoing war has thrown Israel's travel industry into chaosMore than 40 airlines have canceled flights to and from the country. A sign pointing to a bomb shelter inside Israel's Ben Gurion airport. Long lines inside Israel's Ben Gurion airport.

Persons: they've, —, Benjamin Netanyahu, Lia Hershkovitz, Israel's, Daniel Rosehill Muki Portnoy, Portnoy, Hannah Zucherman, Ben Gurion's, Zucherman, Daniel Rosehill's El, El Al Organizations: Travelers, Service, Hamas, Health Ministry, El Al, El, Turkish Airlines, Jerusalem, Airports Authority Locations: Israel, Israel's Ben Gurion, Gaza, Ben Gurion, New Jersey, Madrid, Iberia, San Francisco, Barcelona

☆ Barstool’s Dave Portnoy Buys Nantucket Home for a Record $42 Million
▼ + stars: | 2023-09-29 | by ( E.B. Solomont | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/real-estate/luxury-homes/barstoolsdave-portnoy-buys-nantucket-home-for-a-record-42-million-c1c217a7

Persons: Dow Jones, portnoy Locations: nantucket

☆ Photos: Dave Portnoy bought a $42 million home in Nantucket, complete with an underground tunnel. They're becoming a thing for the rich.
▼ + stars: | 2023-09-29 | by ( Kelsey Vlamis | Lauren Steussy | ) www.businessinsider.com time to read: +4 min

Dave Portnoy bought a $42 million waterfront home in Nantucket, The Wall Street Journal reported. AdvertisementAdvertisementDave Portnoy bought a record-setting $42 million home in Nantucket, The Wall Street Journal reported, citing people familiar with the deal. Photography: Read McKendree, Architecture and interior design: Workshop/APDPhotography: Read McKendree, Architecture and interior design: Workshop/APDThe sale set a residential real estate record for the island as well as the entire state of Massachusetts, according to the Nantucket Current. AdvertisementAdvertisementPhotography: Read McKendree, Architecture and interior design: Workshop/APDPhotography: Read McKendree, Architecture and interior design: Workshop/APDThe waterfront compound, built in 2018, was designed by Andrew Kotchen, a renowned local architect and designer, Dunlap said. Photography: Read McKendree, Architecture and interior design: Workshop/APDPhotography: Read McKendree, Architecture and interior design: Workshop/APDTunnels in luxury homes aren't entirely new.

Persons: Dave Portnoy, —, Portnoy, Shellie Dunlap, Andrew Kotchen, Dunlap, Alice, Ron Syrnyk, Peter Engen, Lee Organizations: Street Journal, Service, Lee, Street, Penn Entertainment, Insider Locations: Nantucket, Massachusetts, Wonderland

☆ Dave Portnoy's Barstool Sports used sock puppet accounts to avoid copyright takedowns, Daily Beast reports
▼ + stars: | 2023-09-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

The Daily Beast found more than 40 accounts used by Barstool Sports to repost copyrighted material. The accounts ripped and posted copyrighted clips embedded and reposted by Barstool, per The Daily Beast. Using the site's password reset system, The Daily Beast discovered the accounts were associated with email addresses under the barstoolsports.com domain. However, Barstool accounts could still repost from the shadow accounts without fear of being impacted by the takedown notices. "Their business is built on stealing other people's IP," The Daily Beast reported Rubin said of Barstool.

Persons: It's, Barstool, Dave Portnoy —, Portnoy, Erika Ayers Badan, Miel Bredouw, Brigitte Stelzer, Ben Rubin, they'd, Rubin Organizations: Barstool Sports, Barstool, Service, Daily, Beast, Copyright Locations: Wall, Silicon

☆ Even Tucker Carlson thinks Trump is too old to be president again
▼ + stars: | 2023-09-01 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Tucker Carlson also thinks Trump and Biden are too old to be president. "I agree 100%," Carlson told Portnoy in the latest episode of Carlson's Twitter show that was posted on Thursday night. Portnoy, who interviewed Trump at the White House during his presidency, said that while he thinks "both Trump and Biden are too old" that Biden is somehow worse. As for Trump, Portnoy argued that the former president should have participated in the first GOP presidential debate. Representatives for Biden, Trump, and McConnell did not immediately respond to Insider's request for comment.

Persons: Tucker Carlson, Trump, Biden, Carlson, Dave Portnoy's, Portnoy, Joe Biden, Donald Trump, Mitch McConnell, McConnell, Brian P, Monahan, Sen, Dianne Feinstein, Gray, it's Trump Organizations: Barstool Sports, Service, Fox News, White, Trump, Capitol, Republican, California Democrat, Fox, Biden Locations: Wall, Silicon, California

☆ How ESPN's $2 billion deal with Penn Entertainment could shake up sports betting, from reinvigorating competition to evolving media's relationship with gambling
▼ + stars: | 2023-08-14 | by ( Ashley Rodriguez | Margaret Fleming | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Many view the deal as a "win-win" for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. Here's what industry insiders are saying about the deal:1. FanDuel and DraftKings dominate US online sports-betting and gambling market share, followed by BetMGM, according to a July report from Macquarie that analyzed Vixio data. Industry insiders like affiliate-marketing company Gambling.com Group's Max Bichsel aren't sure about that prediction.

Persons: Barstool, Bob Iger, Penn, sportsbooks, who's, Chris Grove, Dave Portnoy, Portnoy, Fox's, Sharp, Sharp Alpha Advisor's Lloyd Danzig, Dan, Danzig, Brandon Nispel, he's, Nispel, Kimberly White, FanDuel, BetMGM, Zachary, Max Bichsel aren't, Bichsel, I'm, Grove, It's, DraftKings, let's, FuboTV, hasn't, Fox Bet, Ed Moed, Fox, Dan Wasiolek, Wasiolek Organizations: ESPN, Penn Entertainment, Penn, Barstool Sports . Industry, ESPN Bet, Investors, Acies Investments, Barstool Sports, Sharp Alpha, Disney, KeyBanc, CFRA Research, . Industry, ESPN —, Fox, Maxim Magazine, Sports, Fox Bet, Morningstar Locations: Macquarie, Canada

☆ Dave Portnoy is the only natural owner for Barstool Sports long-term, says PENN CEO Jay Snowden
▼ + stars: | 2023-08-09 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDave Portnoy is the only natural owner for Barstool Sports long-term, says PENN CEO Jay Snowden'Mad Money' host Jim Cramer and CNBC's Contessa Brewer sit down with PENN entertainment President and CEO Jay Snowden to talk PENN's new partnership with ESPN.

Persons: Dave Portnoy, Jay Snowden, Jim Cramer, Contessa Brewer Organizations: Barstool, PENN, ESPN

☆ Disney's big sports-betting deal has industry insiders abuzz about possibilities, from a potential ESPN spinoff to heightened competition
▼ + stars: | 2023-08-09 | by ( Ashley Rodriguez | Margaret Fleming | Lucia Moses | ) www.businessinsider.com time to read: +11 min

Many view the deal as a "win-win" for ESPN, Penn, and its former partner Barstool Sports. Industry insiders say the deal could signal a potential ESPN spinoff, disrupt competition, and more. Gambling industry insiders thought Disney CEO Bob Iger might make quick work of setting a sports-betting strategy when he took back the reins of the ESPN owner late last year. Here's what industry insiders are saying about the deal:1. Industry insiders like affiliate marketing company Gambling.com's Max Bichsel aren't sure about that prediction.

Persons: Barstool, Bob Iger, Penn, sportsbooks, who's, Chris Grove, Dave Portnoy, Portnoy, Fox's, Sharp, Sharp Alpha Advisor's Lloyd Danzig, Dan, Danzig, Brandon Nispel, he's, Nispel, Kimberly White, FanDuel, BetMGM, Zachary, Gambling.com's Max Bichsel aren't, Bichsel, I'm, Grove, It's, DraftKings, let's, FuboTV, hasn't, Fox Bet, Ed Moed, Fox, Dan Wasiolek, Wasiolek Organizations: ESPN, Penn Entertainment, Penn, Barstool Sports . Industry, ESPN Bet, Investors, Acies Investments, Barstool Sports, Sharp Alpha, Disney, KeyBanc, CFRA Research, . Industry, ESPN —, Fox, Maxim Magazine, Sports, Fox Bet, Morningstar Locations: Macquarie, Canada

☆ ESPN launches sportsbook with Penn Entertainment—Here's what investors should know
▼ + stars: | 2023-08-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailESPN launches sportsbook with Penn Entertainment—Here's what investors should knowESPN just struck a $1.5 billion deal with Penn Entertainment to rebrand Barstool Sportsbook as ESPN Bet. ESPN will buy $500 million in shares of Penn, and sell its stake in Sportsbook back to founder Dave Portnoy.

Persons: Dave Portnoy Organizations: ESPN, Penn Entertainment, ESPN Bet, Penn Locations: Sportsbook

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