Guaranteed Money Episode 30: Has Dave Portnoy Given Up On Penn?
On today’s episode of Guaranteed Money, host Ryan Doyle and millennial entrepreneur Anthony Varrell have been watching basketball, and so far the NBA playoffs have been spectacular. Hear their thoughts on what’s going on in the last few games and their takes on some of the players… and the sports betting pool, of course.
Dave Portnoy from Barstool Sports was caught on video having a candid talk about the state of Penn National stocks, despite Penn being the parent company of Barstool, and despite his investment in it. It was eye opening, to say the least. Hear the snippet on the show, in case you missed it.
Can investors believe what he’s saying, or might there be a warning in his message? And if you were a shareholder, is this a good time to cut and run?
We’re most of the way through April now, but there’s a decided lack of stats in the Ontario wagering market when one might have expected to see hard data. Maybe hockey isn’t as big a draw for betting as companies figured it might be. Or maybe the bureaucratic red tape is a bigger mess than it is stateside.
Well also in sports betting news, the American Gaming Association is asking the Department of Justice to crack down hard on illegal offshore sports books. Well, there are still ones operating in Canada. Are they likely to succeed in shutting them down? Share your thoughts in the comments on this video.
Lastly, the Dallas Cowboys have struck the first crypto deal in NFL history with blockchain.com. Is the world looking at the Dallas Crypto Cowboys? That and more on Guaranteed Money! To view episode 29 click here.