The momentum for sports betting continues to pay dividends for Wall Street investors, too. Penn National Gaming’s acquisition of Canada’s Score Media and Gaming has provided the latest evidence.
Penn National will bring aboard theScore on a price tag of around $2 billion, total, in stock and cash. In Thursday’s announcement, the companies said they would be "North America's leading digital sports content, gaming and technology company."
Penn already was a major player in the industry, having combined forces with Dave Portnoy’s online sportsbook Barstool Sports.
Penn National will bring aboard theScore on a price tag of around $2 billion, total, in stock and cash. In Thursday’s announcement, the companies said they would be "North America's leading digital sports content, gaming and technology company."
Penn already was a major player in the industry, having combined forces with Dave Portnoy’s online sportsbook Barstool Sports.