Barstool Sportsbook App Set To Expand State Availability Across U.S.
In case you have not heard by now, Barstool Sports partnered with Penn National Gaming in a historic partnership that brings two massive brands together. The details are quite extensive, but the summary includes Penn National Gaming having 36% of the company in exchange for $163M, and it makes Barstool the exclusive partner of Penn National Gaming for up to 40 years. The casino company gets access to Barstool’s ever-growing brand as well.
Penn National Gaming has casinos all over the country (in 19 states), and continue to grow and acquire more markets. That aligns perfectly with Barstool Sports’ demographic, as a young, primarily male, fanbase that is all about sports and gambling bringing in nearly 70 million hits per month. That is exactly the target market for a casino and Barstool sports betting company.
This means many things, but the first that came to everyone’s minds was one question: Will there be a Barstool Sportsbook? Let’s take a look.
Bet at Barstool Sportsbook in Illinois Soon!
The #BarstoolSportsbook is coming to Illinois. Even better? You can now earn mychoice tier points and mycash by placing wagers in the app.
Download the app and get ready: https://t.co/NuSkDW7sj0
Gambling problem? Call 1-800-GAMBLER (1-800-426-2537). pic.twitter.com/Sz9ecmU5Xk
— Hollywood Joliet (@HollywoodJoliet) March 1, 2021
Pres, Big Cat, PFT, and more are coming to Illinois soon. With the partnership between Hollywood Casino Joliet (and Aurora) and Penn National Gaming, Barstool Sportsbook will be available in Chicago and around the state of Illinois at some point in 2021. This means you can bet on the Bears, Bulls, and more at Barstool in Chicago.
Barstool Sportsbook New York Coming Soon?
How is $PENN getting market access in NY not front page news on every trading platform?*
*I own a shit ton of Penn stock and am not a financial advisor pic.twitter.com/CfNBSwOYnA
— Dave Portnoy (@stoolpresidente) February 22, 2021
With recent news of Penn National Gaming and Rush Street Interactive agreeing to a two-way deal, this opens up a massive audience for Barstool Sportsbook. If New York passes legal sports betting (as it is trending), it looks that Barstool Sportsbook NY will be a reality. Of course, it is one of the larger markets in the world for sports betting and will certainly move the needle. New York would be the fourth or fifth state likely for Barstool, as they are in PA, MI, and soon to launch in Illinois.
Barstool Sports Betting App Launches September 15th
Barstool Sportsbook launched in September, but before they opened up to the general public, there was a “soft launch” for a small group of pre-registered users. The Pennsylvania Gaming Control Board (PGCB) recently approved the Barstool Sportsbook app for a “soft launch” that will take place from Sept. 15-17.
The PGCB approved Barstool Sportsbook for full-scale launch on Sept. 18. This test period will give Penn National, Barstool Sportsbook’s parent company, an opportunity to work out the kinks before opening up the app to all users.
“I want to thank the PGCB and its staff for all their time and effort in reviewing and approving our app for this soft launch,” said Jay Snowden, President and CEO of Penn National. “I also want to thank all those who have been working tirelessly at Penn Interactive and our great partners at Barstool Sports for their many months of hard work and collaboration, as well as our risk management and platform providers, Kambi and White Hat Gaming. This is an important milestone in our Company’s continued evolution to be the leading omni-channel provider of retail and online gaming, live racing and sports betting entertainment, and we couldn’t be more excited to get underway,” concluded Mr. Snowden.
Okay so who wants to be the first to see and bet with the Barstool Sportsbook? Sign up to be invited to our soft launch next week. (space limited) https://t.co/MYxdkEVZAe
You must be in Pennsylvania to play. pic.twitter.com/eCVq6OUOg0
— Dave Portnoy (@stoolpresidente) September 8, 2020
Personalities Will Push Barstool Sportsbook
Barstool Sports has always been driven by its larger-than-life personalities. That should be no different with the Barstool Sportsbook app. Driving new users to the app through Barstool’s vast and loyal readership. Penn National is looking to capitalize on this with the launch of the Barstool Sportsbook app and eventually retail casinos.
“As the only gaming operator with a fully integrated sports media and entertainment partner, our customers will have the opportunity to engage with Dave Portnoy, Big Cat and other Barstool fan favorites on our app – including betting with them, or fading their picks,” continued Mr. Snowden. “Our customers will also have an opportunity to interact with Barstool personalities live at one of our many casinos’ retail Barstool Sportsbooks in the coming months.”
Barstool CEO Says Sportsbook App Set For September
Barstool Sportsbook betting app to launch in September, CEO Erika Nardini sayshttps://t.co/odLTTQ0hIz
— Alfonso Straffon 🇨🇷🇺🇸🇲🇽 (@astraffon) June 26, 2020
On Thursday, June 25th 2020, Barstool Sports CEO Erika Nardini announced that the Barstool Sportsbook sports betting app will launch in September. While on a segment on Fox Business, Nardini says: “Everyone at Barstool will be using the Barstool Sportsbook. We’re going to be talking about it all the time online. We’re going to have a hand in creating the parlays and thinking about the bets. We’re going to have some fun with it.” A September launch is greatly calculated to take advantage of the most popular betting sport in NFL, but it will also be in the midst of the NBA and NHL playoffs with the coronavirus suspensions, college football, and more. With the major players in the market being DraftKings and FanDuel, the Barstool brand will certainly look to carve out a large share of the market. Stay tuned.
— Liz Claman (@LizClaman) June 25, 2020
Barstool Sportsbook News[pt_view id=”3ed3f56epb”]
Barstool Sportsbook Promo Bonus Code
While it is far too early to guess exactly what the bonuses will be, expect there to be a bonus, and a good one, at Barstool Sportsbook. Given how Barstool has done as an affiliate for all the other books in the past, expect them and Penn National Gaming to have a terrific bonus to compete with the FanDuel and DraftKings’ of the world. Bonuses can be expected in a few ways, including:
- Risk-Free Bets
- Deposit Bonus
- Non-Deposit Bonus
- and more!
"I couldn't be more confident that once our sports app launches, that we will be a dominate player in the game, because nobody speaks to the audience like we do." – Founder of @barstoolsports, @stoolpresidente talks to @JimCramer about the value of sports gambling pic.twitter.com/PSsrrY3nvw
— Mad Money On CNBC (@MadMoneyOnCNBC) June 22, 2020
Barstool Sportsbook Mobile App
Without a doubt, there will be a mobile version of the Barstool Sportsbook. With the overwhelming popularity of sportsbooks in legal sports betting markets with 85% or more of the overall betting handle coming via mobile, it is essential for a mobile sportsbook. Barstool already has a betting platform called “Barstool Bets”, which is free to play and offers content and more. Expect this app to bring some ideas and innovation for the Barstool Sportsbook app. Barstool’s main app has nearly 60,000 ratings in the App Store and is a top-ranked app available under “sports”.
Without a doubt, a Barstool Sportsbook app will be coming soon (September 2020). Penn National has a partnership with Kambi, who is a sports-betting data provider and has done so for some of the top brands in the industry (DraftKings, 888, Rush Street, and more). Given the importance of aesthetics in competition, expect Penn National and Barstool to continue to produce their own version of the Kambi product and offer a great user experience and interface.
Live In-Game Betting on Barstool Sportsbook
While not confirmed, it is all but assured that live and in-game betting will be offered on Barstool Sportsbook. In order to compete with the top books in each state, in-game betting offerings is a must and reports have shown that just as many bets, if not more, are placed in-game compared to pre-game for a lot of betting markets. In addition with the Barstool Sportsbook personalities at hand, expect many of them to “tout” in-game plays via social media that will promote in-game betting on the Barstool Sportsbook app in the future.
Will There be a Barstool Online Casino?
In what was a very quiet part of the partnership, the press release announcing the Penn National and Barstool partnership clearly expressed “iCasino products”. There is no additional information on a future Barstool Sports Online Casino, but fully expect that to happen as well as they look to compete with top brands in the market. Expect the Barstool Casino to have slots, poker, table games, and more.
Barstool Sportsbook Cashier
This will all be confirmed once Barstool Sportsbook is announced and launched, but expect the Barstool book to have plenty of the same easy-to-use cashier methods as other leaders in the space. These include:
- Banking Transfers
- Credit and Debit Cards
- Prepaid Cards
- Cash at Respective Casino Cages
Barstool Sportsbook Customer Service
Similar to the cashier, expect the Barstool Sportsbook to have a terrific customer service department that will handle any and all needs. Customer service is something that can make or break a sportsbook in a competitive market, and most of the top brands have multiple offerings for customer service including:
- Live Chat
- Email Support
- Phone Support
- Frequently Asked Questions
While the coronavirus pandemic halted a @barstoolsports four-stop tour of @PNGamingInc properties, @EKANardini said the company is still making progress on a sports betting app and the Barstool sportsbook. https://t.co/kE0godi1Md
— Front Office Sports (@FOS) March 22, 2020
Despite Penn National Gaming making a ton of layoffs during the coronavirus crisis, Barstool CEO Erika Nardini expressed that the company will still be making progress on a sports betting app and the Barstool Sportsbook. Many businesses are having trouble during these difficult times, but Barstool and Penn National’s decision to continue building the Barstool Sportsbook app and casino is certainly not surprising with the longterm upside. If the app can be done and ready to launch before sports either come back or pro and college football season in the fall, the company will be greatly positioned to make money right away.