“It’s below me to even dignify this hatchet job with a response.” “You have so many factual inaccuracies it’s actually laughable,” he wrote. Penn and Barstool executives did not respond to repeated messages. Portnoy with detailed questions about this article.

The Times provided Penn, Barstool and Mr. Depending on the outcome of the investigation, the board could do nothing or impose penalties, such as forcing Penn to sever ties with Mr. In Nevada, the state’s Gaming Control Board said in a statement to The Times that it is investigating Penn’s compliance with gambling regulations, including its due diligence into Barstool and Mr.

Portnoy’s fitness after allegations of sexual misconduct were reported by Insider. In Massachusetts, where sports betting is expected to start next year and Penn is awaiting regulatory approval, members of the state’s gambling commission voiced concerns about Mr. Regulators in at least two states have signaled discomfort with Mr. Portnoy, in part because Penn has argued, and regulators agreed, that he was not involved in running the betting platform. Twelve of the 13 states in which the Barstool Sportsbook operates have not licensed Mr. Penn and Barstool have been beneficiaries. In other states, regulators have taken relatively narrow views of who should face reviews in the first place. “They are also there to maintain the public confidence that the gaming industry is not associating with people that they shouldn’t be associating with.”īut with states hustling to attract sports-betting companies and the tax revenue they are expected to generate, some of that oversight has eased.Īt least 12 states, for example, allow gambling companies and their affiliates to begin operating on a temporary basis before undergoing full licensing reviews. The mandate for regulators was “not only make sure the games are fair,” said Anthony Cabot, a law professor at the University of Nevada, Las Vegas and an authority on gambling regulation.

Later, it expanded to combat the appearance of an unscrupulous industry that preys on vulnerable customers. Initially, the goal was to keep organized crime at bay.

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