State gambling regulators are investigating Barstool proprietor Dave Portnoy for allegations of sexual misconduct amid the firm’s sale to Penn Nationwide Gaming. [Image: Flickr.com/Zach Catanzareti Photo]
Portnoy, stool less than fireplace
Nevada and Indiana gambling regulators are investigating allegations of sexual misconduct centered on Barstool founder Dave Portnoy.
The investigation will come as Penn Nationwide Gaming (PNG), a minority proprietor of Barstool, seeks to completely obtain the sports activities media and pop tradition firm, as properly as its athletics betting. Barstool is active in Indiana and PNG operates casinos in both of those states.
Nevada Gaming Manage Board Chairman Brin Gibson shared his mission as chairman of the board in a statement to the Wall Road Journal.
defend the track record of the condition and the popularity of the point out gaming marketplace. “
“[Our duty] is to protect the standing of the condition and the name of the condition gaming business, ”Gibson claimed.
Dave Portnoy’s complaint history
The investigation is based on many allegations of sexual misconduct in opposition to Portnoy in modern months.
The 44-calendar year-old has develop into extremely well-liked amongst several crowds, especially among the more youthful technology. His enterprise is involved in outreach, podcasting and betting, which will make him especially well-liked with this demographic.
Brin Gibson shared that he experienced beforehand requested information and facts about Portnoy from Penn throughout a general public board conference in December this was motivated by hard-sex allegations that brought on Penn’s shares to fall by a lot more than 20%.
Quite a few girls also claimed that the proprietor of Barstool filmed them during the incidents without authorization.
the encounters turned terrifying and humiliating encounters “
“Some females, just 19 years outdated who had no expert connection to Portnoy, described getting sexually specific exchanges on-line with him,” claimed Julia Black, an investigative journalist. “3 of these females explained they experienced sex with Portnoy, now 44, and that the encounters turned into terrifying and humiliating experiences that have afflicted her psychological overall health.”
The Indiana Gaming Commission also began an investigation into Penn and Barstool “relevant to latest news posts about Mr. Portnoy.”
Portnoy has vehemently denied the allegations of the ladies in issue, responding with numerous video clips and statements. He also thinks that all sexual encounters and video recordings are consensual.
The proprietor of Barstool is suing Julia Black for reporting the tale.
Penn Countrywide Gaming stays committed to aiding exploration in Nevada and Indiana. Executive Director Jay Snowden claimed Penn has answered all questions and is regularly updating both of those sides with new information.
Penn nonetheless designs to continue on with the acquisition of Barstool.
Penn’s program to purchase Barstool
The acquire of Barstool by PNG is their try to develop their get to primarily based on Barstool’s on the internet acceptance. With other dominant firms and sports activities betting stealing large parts of the industry, Penn sees the acquisition as a way to just take management of the participating in space.
Penn also expects the acquisition to decrease the have to have for promotion expenses, which have condemned several opponents.
Barstool grew its online presence by far more than 25% very last yr and built huge strides in new fields, most notably finding broadcast legal rights to the Arizona Bowl. The recreation was canceled, nonetheless, because of to a COVID-19 outbreak among the gamers from just one of the collaborating faculties.
“They’re successful, which is rare for a lot of digital media firms,” Snowden stated. “They have fulfilled what they said they would do.”