Portnoy said in a statement: “Barstool Sports is bigger than ever and has become more than I ever dreamed of. “Barstool is a proven, powerful media brand with an authentic voice and vast, loyal audience that provides us with a strong top of funnel for new customer acquisition and organic cross-selling opportunities across our growing interactive division.” “We are extremely pleased to welcome Barstool Sports fully into the Penn Entertainment family,” Penn Entertainment CEO and president Jay Snowden said in a statement. Barstool Sports and Portnoy also have been embroiled in controversies over past sexist and racist content on the website. Founded in 2003 as a sports and gambling blog by Portnoy, Barstool has “evolved into a leading digital player in sports, lifestyle and entertainment,” according to the companies.
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