Barstool Gambling App
- Barstool Sports Gambling App
- Barstool Sports Betting App Release Date
- Barstool Gambling App
- Barstool Gambling App Launch
- Barstool Gambling App
- Barstool Sports Betting App
- Barstool Sports Betting App States
– The officials of the minority-owned online gambling platform Barstool Sportsbook plan on launching its mobile app in every state with legal sports betting by the end of 2021. Jay Snowden, Penn National Gaming CEO, believes the app will launch in states around the country after launching in Pennsylvania last month and receiving 21,000. Barstool Sports and Penn Interactive bring you PlayBarstool, a brand new free-to-play app where you can compete for real cash prizes. Get in on the action and become a part of Stool Streams — a groundbreaking, new series which combines live competitions with the unpredictable reality show that is Barstool Sports. Where Penn decides to roll out its Barstool-branded mobile app will depend on where it can get the best “bang for its buck,” Kaplowitz said. The internally designed sportsbook app, powered by Kambi, will launch in August before the NFL betting season. Some states being considered are Michigan, Illinois and Colorado, he added.
By now, you have likely heard the monumental news of Barstool Sports and Penn National Gaming partnering up. The partnership includes Penn National having a 36% stake in exchange for over $160M in cash, and it allows Barstool Sports to be the face and brand of Penn National Gaming.
The main asset to come from this partnership, without a doubt, is the creation of Barstool Sportsbook. Expect to see the Barstool brand all over Penn National properties in 2020 and beyond, and even a Barstool Sportsbook mobile app.
Is it safe to assume that Dave Portnoy and the Barstool Sports family will dominate the social media coverage for Barstool Sportsbook. Expect to see unique and specific use of a Barstool Sportsbook Promo CodeBarstool Sports Gambling App
for frequent new player bonus bets in each state with a Barstool Sportsbook or online casino.Is The Barstool Sportsbook App in My State?
Official word has come down from the heavens, well Stoolie heaven, that the Barstool Sportsbook will be available in September. Penn National Gaming’s CEO Jay Snowden has indicated this, and with licensing needed and software development needed, the September 2020 timeline is respectable. Barstool Sportsbook and Penn National Gaming both know how important it is to be ready for the 2020 football season, both college and professional.
- DRAFTKINGS SPORTSBOOK APP
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- POINTSBET APP
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- FANDUEL SPORTSBOOK APP
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- WILLIAM HILL SPORTSBOOK APP
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- FOX BET APP
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Barstool Sportsbook betting app to launch in September, CEO Erika Nardini sayshttps://t.co/odLTTQ0hIz
— Alfonso Straffon 🇨🇷🇺🇸🇲🇽 (@astraffon) June 26, 2020
Expect the Barstool Online Sportsbook and mobile app to be ready in the following states:
- Pennsylvania
- Illinois
- Indiana
- Michigan
- New Jersey
The true test of how much Dave Portnoy has with “Stoolies” will certainly be on display with the launch of the Barstool online sportsbook and casino. The competition in the sports betting industry is on another level from what Barstool has dealt with in the past. With the likes of DraftKings Sportsbook, William Hill U.S. and PointsBet, it will be a great fight to watch in each state for market share.
Coming soon to PA?https://t.co/RQ4I0MVERJpic.twitter.com/9hnPK94epK
— PA Sportsbooks (@PASportsbooks) January 29, 2020
Barstool Sportsbook Promo Code and Bonuses
Expect Barstool Sportsbook to have promo codes galore, with things such as “PMT”, “BigCat”, “Barstool”, and more. Once ready, these promo codes will allow first-time users to sign up and get free incentivized offers for signing up at Barstool Sportsbook.
Risk-Free Bet
This is a popular incentive for many sportsbooks, which allows a user to make a risk-free bet of up to a certain dollar amount for their first bet. If the bet loses, the amount wagered will become sportsbook credit for the user to play with, hence the “risk-free” verbiage.
First Time Deposit Match
A standard at most sportsbooks, a deposit match is a great incentive for bettors to deposit more and play more right away. For example, if a sportsbook were to offer a 100% deposit bonus up to $250, if a bettor deposited $250, they would be eligible to receive up to $250 in free sportsbook credits, which are released either with a one-time play through or other restrictions.
Barstool Bets App
Barstool Sports saw this coming, and they have already rolled out “Barstool Bets” which is a free-to-play app that integrates Barstool’s content, podcasts, shows and more with a free betting game that allows users to place bets on games in hopes of winning prizes. This is a very valuable tool for both Barstool Sportsbook and Penn National Gaming in the future, as much of the user data has been (and will be) acquired on this app, which makes it quite easy to attract users once the main sportsbook is activated. With the ever-growing brand of Barstool Sports, the Barstool Bets and Barstool Sportsbook brands will be powerful as time goes on.
Where Can I Bet on Barstool Sportsbook?
While the Barstool Bets app is available everywhere (with no real money trading hands), Barstool Sportsbook will be a much slower rollout given the legal infrastructure in the US. The good news is, being partnered with a gaming giant in Penn National allows for a very easy transition into any states that PNG possesses casinos in.
We can fully assume Barstool Sportsbook will be in Pennsylvania, New Jersey, Indiana, West Virginia, Michigan, and others. Expect these to be amongst the first states where Barstool Sportsbook will be offered.
Remember, most states have their law(s) written that online sportsbooks can launch with a partnership with a land-based casino. Given the partnership between Barstool Sports and Penn National, this will create a relatively easy process. Wherever Penn National has properties, expect Barstool Sportsbook to follow.
Sports Betting Options at Barstool Sportsbook
Barstool Sportsbook will be a full-service sportsbook, with any type of betting options you could possibly imagine. This likely includes:
Spreads
Moneylines
Totals
Futures
Props
Parlays
Teasers
Live, in-game betting
Odds Boosts, and more!
With Barstool’s media empire being as large as it is, expect lots of push towards different betting types with the Penn National Gaming partnership.
Sports Offered at Barstool Sportsbook
Expect Barstool Sportsbook to offer a full set of sports options, as it expects to compete with the top sportsbooks in the US. We can certainly assume Barstool Sportsbook will have:
Baseball (MLB)
Basketball (MLB and College)
Boxing
Cricket
Cycling
Darts
Football (NFL, XFL, College)
Golf
Hockey
MMA
NASCAR
Rugby
Soccer (EPL, UCL, La Liga, etc)
Tennis
Barstool Sportsbook Banking Options
While nothing is set in stone, we can fully expect the following banking options for depositing and withdrawing at Barstool Sportsbook.
Deposit:
Online Banking
eCheck
PayPal
Credit Card
Debit Card
Skrill
Neteller
PayNearMe
Cash at Penn National Casinos
Withdrawals:
Online Banking
Check
Cash and Penn National Casinos
And more!
- DRAFTKINGS SPORTSBOOK APP
FREE $1,000 BONUS!
- POINTSBET APP
FREE $250 BET!
- FANDUEL SPORTSBOOK APP
RISK-FREE $1000 BET!
- WILLIAM HILL SPORTSBOOK APP
RISK-FREE $500 BET!
- FOX BET APP
FREE $1,000 BONUS!
We finally know where Barstool Sportsbook plans to make its next move: the online Michigan sports betting market.
Penn National CEO Jay Snowden shared the plans in a wide-ranging interview with Fantini Research CEO Frank Fantini. Fantini Research is a subscription-only newsletter for gaming investors and insiders and publishes its CEO One-on-One series around G2E every year.
Michigan will be only the second state for the Barstool Sportsbook brand after launching in Pennsylvania last month. This launch is different, though, since the app will launch with everyone else instead of entering market that’s more than a year old. A retail sportsbook will also open before the end of the year.
“I think it’s going to really be a nice proof point to show maybe what many other states will look like when we’ve had the appropriate time to play catch up,” Snowden said in the video interview.
Sports betting in Michigan launched right as the coronavirus pandemic hit in March. Online sports betting is expected to launch in mid to late November, Snowden said. Online casino will follow shortly after when allowed.
Snowden predicts the Barstool Sportsbook app will be live in 12 states by the end of 2021, including online casino where legal.
No more Barstool Sportsbook launches this year
According to Snowden, Michigan will be the only other state where Barstool Sportsbook launches in 2020.
That’s a bit surprising given the other states recently listed in an investor presentation where Penn plans to launch next:
- Colorado
- Illinois
- Indiana
- New Jersey
- Virginia
- West Virginia
All but Virginia sports betting is live, which means Penn is missing out on the valuable acquisition period that is NFL betting season in at least five states. Penn previously mentioned launching multiple states through the first quarter. That suggests March Madness might be a bigger inflection point for the app than the Super Bowl.
Another glaring omission is there’s still no mention of sports betting in Tennessee. There’s no limit on sports betting licenses in Tennessee — which will have online-only betting — but it also has a required 10% hold, the first of its kind in the US. (Hold for sportsbooks is typically below that threshold for most US sportsbooks.)
That’s another missed market this year since Tennessee launches Nov. 1.
Barstool Sportsbook growing the PA market
Snowden couldn’t say much on Barstool’s performance in Pennsylvania since its earnings call is in two weeks. So far, though, the brand has had great momentum, he said.
Penn previously announced record download rates in its first weekend with $11 million in handle over the first weekend and $12.5 million over the second weekend.
Snowden pointed to the loyalty of Barstool fans and suggested they’re bringing new business to the PA sports betting market.
“We think we’re largely growing the market, which is very important, as opposed to just stealing share,” he said. “That Barstool audience is very loyal. So we’ve been growing the market, from what we can see and what the data is telling us.”
Snowden also noted the user experience and retention rates have been great so far.
More business opportunities with Barstool
Barstool Sports Betting App Release Date
Penn National is looking way beyond gaming when it comes to potential ventures with the Barstool brand, Snowden explained.
He talks with Barstool Sports CEO Erika Nardini and founder Dave Portnoy “every day, it feels like,” about other business opportunities.
“When Dave and Erika, and Dan [Katz] and everyone at Barstool get behind something, like they’re behind the Barstool Sportsbook right now, you can envision a lot of doors opening up and potentially some adjacencies that we could invest in that we’re not even in the business of today,” Snowden said.
“Standalone restaurants and bars, maybe nightclubs, there’s so many things that we can do on the digital side and maybe around food and beverage products and bar offerings, things of that nature.”
Barstool Gambling App
The 36% stake in Barstool Sports also changed the way Snowden and Penn National are thinking about mergers and acquisitions moving forward.
“If we’re being aggressive and offensive with regard to M&A, it’s probably because we’re doing something that not only gets us access to brick and mortar and a database but also some digital opportunities around sports betting and online casino in states where we’re not in today.”
Barstool Gambling App Launch
Smidge of hypocrisy on problem gambling concerns
One of the non-Barstool questions asked was about slot routes, which essentially allows slot machines in bars and convenience stores. The business model is legal in multiple states and can eat pretty significantly into casino revenue as has been the case in Illinois.
Barstool Gambling App
Snowden clutched his pearls at the “very troubling” idea of problem gambling not being correctly addressed in these establishments.
“There are zero responsible gaming protections in those bars and taverns other than a bartender who’s never worked in gaming their life,” he said.
That’s just a bit hypocritical coming from the CEO of a company that’s done some questionable things since the Barstool Sportsbook app launched.
Barstool Sports Betting App
The Barstool Sportsbook Instagram account recently posted a photo of a child asking the Boston Celtics to cover -3.5 points. Another Twitter user grabbed a screenshot of a Barstool show that included a gigantic cup stating “You can only lose if you quit.”
Barstool Sports Betting App States
And, of course, Portnoy has been flashing his own five-figure bets across Twitter, though that became less flagrant over the weekend. Maybe that’s because it’s still unclear if Portnoy should be allowed to bet on the app at all.