PENN Rides the Gaming Wave Ahead of Barstool Sportsbook Launch, Analyst Raises PT to $62
Penn National Gaming’s better-than-expected reopening at brick and mortar locations in the recent quarter, combined with investor exuberance for the upside from online betting, is sending shares of the casino stock soaring.
No Sports, No Problem: Investors Roll the Dice on DraftKings
DraftKings said in its earnings report it does not anticipate COVID-19 having a long-term impact on its business. The daily fantasy sports and sports betting company is leaning on new products including table tennis and fantasy Korean baseball as it waits for major sporting events to return.