$PENN says they signed up 48,000 new customers for Barstool Sportsbook in MI since launching Jan 22 (compares to 72k total in PA)
- Generated total handle of $27.5 million during the first 10 days of operation in MI
- Nearly 50% of MI customers bet on Barstool-exclusive bets
- Generated total handle of $27.5 million during the first 10 days of operation in MI
- Nearly 50% of MI customers bet on Barstool-exclusive bets
How valuable is Barstool brand? Sports betting handle at Ameristar East Chicago property increased by 35% following Bartstool rebrand
Settling at around 13% share of handle in PA. Probably higher by revenue, though I wonder what happens in Jan, as Portnoy moves his action to MI
