Penn National Acquires 36% Stake in Barstool Sports

Penn National Gaming Acquires Score Media and Gaming (theScore) for ~$2.0B

August 5, 2021

Media & Entertainment

Penn National Gaming (PENN) agreed to acquire Score Media and Gaming Inc. (theScore) for approximately US$2.0 billion in a cash-and-stock transaction, bringing theScore's media and sports-betting technology into Penn's ecosystem. The deal creates an integrated sports media and gaming company, gives Penn control of theScore's technology stack and accelerates Penn's expansion into the Canadian market; theScore will remain headquartered in Toronto and operate as a stand‑alone business within Penn.

The Betsperts Group Acquires Bleacher Nation

January 4, 2023

Media & Entertainment

The Betsperts Group has acquired Bleacher Nation in a cash-plus-equity transaction, adding the Chicago-centric sports blog to its portfolio of sports betting and fantasy media properties. The deal expands Betsperts' audience reach and content capabilities—boosting the combined group’s traffic and resources—while financial terms were not disclosed.

Penn National Gaming Acquires Operations of Hollywood Casino Perryville

July 1, 2021

Restaurants & Hospitality

Penn National Gaming completed the acquisition of the operations of Hollywood Casino Perryville from Gaming and Leisure Properties, Inc. for $31.1 million in cash and entered into a lease with GLPI for the facility real estate with annual rent of approximately $7.77 million. The deal, approved by the Maryland Lottery and Gaming Control Commission, expands Penn National's regional gaming footprint and omni-channel sports betting capabilities in Maryland.

Spouting Rock Acquires Majority Stake in Penn Capital; RBB Adopts Penn Capital Funds Trust

June 28, 2021

Wealth Management

Spouting Rock Asset Management acquired a majority interest in Penn Capital Management Company, LLC, with the transaction announced alongside The RBB Fund, Inc.'s adoption of the Penn Capital Funds Trust effective June 24, 2021. The partnership is intended to scale Penn Capital's offerings by leveraging Spouting Rock's platform and RBB's turnkey fund administration and governance capabilities.

Betsperts Media & Technology Group Acquires PokerCoach.us

September 8, 2022

Media & Entertainment

Betsperts Media & Technology Group has acquired PokerCoach.us, a premium poker education and content website, as part of its strategy to expand its digital footprint in the online betting market. PokerCoach.us will be rebranded as Betsperts.com/poker and integrated into Betsperts' family of betting, fantasy and casino properties to broaden audience engagement and partner offerings.

DreamSeat Acquires The Stadium Chair Company

August 1, 2023

Manufacturing

DreamSeat, a commercial stadium and arena seating specialist, has acquired The Stadium Chair Company effective August 1, 2023. The acquisition brings the Stadium Chair product line and its Lenexa, Kansas facility into DreamSeat’s portfolio to expand its seating and furnishings offerings for sports, education and corporate venues.