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Barstool Sports has swelled from a ¡°bro culture¡± bastion into a multi-pronged digital media powerhouse that includes podcasts, videos, blogs, merch, a sportsbook, and now branded sports bars in Chicago and Philly. Sansom Street isn¡¯t a gambling parlor, but with backing from Penn National Gaming, Barstool is in the gambling business, continuing its expansion into anything that will connect it more closely to the 21-to-30 crowd.
Despite the growth of commercial sports betting in the wake of the Supreme Court¡¯s 2018 ruling, the most common way that Americans bet on sports is with friends or family, according to the Center¡¯s survey, which was fielded July 5-17 among 6,034 adults. Some 15% of adults say they have bet money on sports with friends or family in the last 12 months, such as in a private betting pool, fantasy league or casual bet. Smaller shares say they have bet money on sports in person at a casino, racetrack or betting kiosk in the past year (8%) or that they have done so online with a betting app, sportsbook or casino (6%). All told, 19% of adults have bet money on sports in at least one of these ways in the past year.
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