Barstool Sportsbook likely is heading to Maryland.
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Penn National Gaming said Tuesday it acquired the operations of Hollywood Casino Perryville for $31.1 million in cash.
Following the deal, Penn will launch a Barstool Sportsbook product on-property and online. The transaction is expected to close in mid-2021, subject to regulatory approval.
“This acquisition provides another opportunity to expand our unique omni-channel platform with a Barstool-branded retail sportsbook and mobile app,” said Penn CEO Jay Snowden.
Maryland ?. Penn National Gaming enters casino deal to gain access to sports betting in Maryland (NASDAQ:PENN) | Seeking Alpha https://t.co/huj6YO9zs0
— Dave Portnoy (@stoolpresidente) December 15, 2020
Is Maryland sports betting legal?
Voters approved Maryland sports betting via referendum in November 2020. The legislature will have to take up the issue again next year to work out the details of authorizing the activity.
Sports betting could feasibly be up and running by the 2021 NFL season. It could be just about in time to compete with Virginia‘s sports betting market, which is ready to start up early next year.
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Limited access opportunities after Barstool Sportsbook
Any bill would likely be based on previous MD sports betting legislation that called for nine potential licenses.
That covers one for each of the six state casinos, two for the three racetracks, and one for the stadium and practice facilities for the Washington Football Team (or another professional sports franchise.)
Each licensee would be allowed to partner with one online sports betting operator.
“Penn National is excited to acquire the operations of Hollywood Casino Perryville, a property we developed in 2010, which will allow us to re-enter the strong Maryland gaming market and add a twentieth gaming jurisdiction to our leading nationwide footprint,” added Snowden.
Penn National stock has been on a tear in recent weeks, hitting all-time highs around $84 yesterday before dipping to $78. It fell as low as $3 during the beginning of the pandemic.
DraftKings to Louisiana?
Penn reacquired the Hollywood property from Gaming and Leisure Properties, Inc (GLPI). GLPI also announced it has sold the operations of Hollywood Casino Baton Rouge in Louisiana to Casino Queen.
That could pave the way for DraftKings to get into legal Louisiana sports betting. Recall, of course, that DraftKings and Casino Queen are partners for Illinois online sports betting.
Like Maryland, Louisiana was another state to approve sports betting via the ballot box in November
The Barstool Sportsbook launch is the 10th legal mobile sportsbook to open in Pennsylvania. While Barstool Sportsbook is only in Pennsylvania at the moment, it is expected to join other states in the nearby future. The sportsbook will be based on upon it's entertaining and controversial personalities such as Dave Portnoy (also known as El Prez) and Dan “Big Cat” Katz. The two can be seen all over the Barstool Sportsbook website including on the Barstool Sportsbook promotions page. If you are someone who keeps up to date on betting sites, or someone looking to get involved in sports betting for the first time, you must read this Barstool Sportsbook Review.
(Betting with Barstool personalities such as El Prez & Big Cat is now live! T&C's Apply, 21+, Only in PA)
And, a Barstool review of the online sportsbook is a great place to start!
Contents
Barstool Sportsbook Review
Barstool Sportsbook online betting site went live in September, 2020. Barstool already has an enormous following thanks to their unique personalities on the Barstool website and various podcasts. The early reviews on the Barstool Sportsbook app have been strong. The Barstool sportsbook app is packed with exclusive daily odds boosts, custom offers and promotions, as well as brand-new features designed to enhance your sports betting experience.
Barstool Sportsbook Bonus
Now, one of the most important parts of any betting site is the welcome bonus you can receive when you create a new account. A sign up bonus can help a new customer try out the betting site without having to risk too much of their own money. It is common practice for most online sports betting sites to offer an enticing welcome offer.
(Betting with Barstool personalities such as El Prez & Big Cat is now live! T&C's Apply, 21+, Only in PA)
Barstool Sportsbook Bonus Offers
It is likely you could also find other Barstool Sportsbook promo code offers. For instance, many sports fans enjoy the benefits of seasonal promotions on betting sites. Plus, there is always the possibility of a refer a friend Barstool Sportsbook bonus offer. Currently new customers have a few options with Barstool. The First Time Deposit Bonus offers new Barstool Sportsbook players a true, 100% risk-free bet up to $500 on your first eligible wager following your first deposit. In addition. enjoy $10 bonus cash from Barstool just for signing up. Successfully register for a new account and Barstool will deposit the bonus cash into your wallet.
Make sure you are always aware of the requirements that need to be met to keep your rewards. As mentioned earlier in this Barstool Sportsbook review, every promotion has terms and conditions associated with it.
(T&C's Apply, 21+, Only in PA)
The Barstool Sportsbook have many unique promotions that don't exist in any other sportsbook such as the Barstool Power Hour. Every weekday from 5-6PM, there’s a “Reduce the Juice” promotion, with discounts on certain bets. Barstool Sportsbook's promotion page also contains exclusive limited time only promotions. For example the NFL Week 2 New Orleans Saints - Las Vegas Raiders over 48.5 points. If a bettor places a $100 or more wager on the over and hits, that bettor received a limited edition “The Overs Club” jacket. There is expected to be plenty of Barstool Power Hour promotions going forward. There is also a 'customization bonus'. Earn $5 bonus cash by simply updating the “Betting Favorites” section in your account preferences.
Sportsbook App
If you are a fan of any online casino or betting site, you have probably looked into betting apps. Luckily, you do not have to be using a casino to find a betting app. Many online sportsbooks have their own betting apps launched.
While a casino app offers games for their users, a Sportsbook app offers bets and much more. You should be able to use a Sportsbook app to check any bets you place as well as deposit money into your account.
Typically, mobile apps for sportsbooks are available for Android and iOS/iPhone devices only. But, you may be able to play on your phone’s mobile browser if you have a different device. You will just need to have your login information to sign into the site.
Customer Support
Another important part of this Barstool Sportsbook review is looking at the customer support options. If you run into an issue using the desktop site or app, you want it solved. So, you will want to make sure you have options available to solve that issue.
Many online sportsbooks have a frequently asked questions section in their help center. Customers can go there to see if their issues have already been addressed. So, that is the first place you should look to resolve your issues.
When customers need to reach a real agent, most sportsbooks have them covered. You will find email addresses or forms on many online sportsbooks. Plus, you will also typically find a phone number and a live chat option.
Payment
Finally, this Barstool Sportsbook review will look into the payment options you can expect. Many online sportsbooks accept many different forms of payment. So, you should be able to find a form of payment that you are comfortable with.
You will find the following forms of payment acceptable on Barstool's online sportsbook:
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- Credit cards and debit cards (Visa cards, Discover cards and MasterCard)
- Bank wire transfer
- ACH transfer/eCheck/online banking
- Barstool Sportsbook Play+
Barstool Sportsbook FAQ
Using the new Barstool Sportsbook is very straightforward – but there may be a couple questions you have before registering for a new account. Here are some of the more common ones.
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What states is Barstool Sportsbook currently available in?
Currently, Barstool Sportsbook is only in Pennsylvania at the moment, but it is expected to join other states in the nearby future, including Michigan. As more states allow legal sports betting, Barstool is expecting to expand available states. When Barstool Sports is legal in Michigan along with other states you will find that information right here.
Are there any restrictions on signing up for a new Barstool Sportsbook account?
As long as you are in a state where it is legal to bet on sports online – and are of legal gambling age – then you can sign up with Barstool Sportsbook.
What sports can I bet on at Barstool Sportsbook?
It may be quicker and easier to list the sports you cannot bet on at Barstool Sportsbook! Because as long as the event is happening, then Barstool Sportsbook is probably covering it. Check the full list of sports on the site, but football, baseball, hockey and basketball all have plenty of markets – as well as soccer, MMA and golf.
Does Barstool Sportsbook have a welcome offer for new customers?
Indeed they do. The first time deposit bonus offers new Barstool Sportsbook players a 100% risk-free bet up to $500 on your first eligible wager following your first deposit. In addition. enjoy $10 bonus cash from Barstool just for signing up.
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Barstool Sportsbook Review Conclusion
So, you have now read the Barstool Sportsbook review. This means you have learned all about what to expect when visiting the sportsbook for the first time. And, you can sign up for your account now that the Barstool Sportsbook is up and running! Best of luck with your bets and please gamble responsibly.
Other great sportsbooks where you can place an online sports bet:
bet365 | BetMGM | BetRivers | DraftKings | FanDuel | FoxBet | PointsBet | William Hill