How New York, Texas And Ontario Could Increase Online Sports Betting Market By $3B

Thursday, 21 January 2021, 23:35:30
Bank of America held a discussion with some experts in the sports betting industry to discuss some potential upcoming catalysts. Sports Betting in Texas: Team owners like Jerry Jones (Dallas Cowboys), Mark Cuban (Dallas Mavericks) and Tilman Fertitta (Houston Rockets) are all backing sports betting in Texas. As the second most populous state, Texas could be worth $1.3 billion at stabilization, BofA analyst Shaun Kelley said in a note. Penn National Gaming (NASDAQ: PENN ), which Kelley rates Buy, is singled out as a good pick for the Texas market with their … Full story available on Benzinga.com
— Benzinga

Stocks making the biggest moves midday: Netflix, Alibaba, Ford, Penn National Gaming & more

Wednesday, 20 January 2021, 17:56:45
Check out the companies making headlines in midday trading.
— CNBC

Barstool Sportsbook Inks Deals With Nickmercs, Logan Paul Ahead Of Michigan Launch

Wednesday, 20 January 2021, 17:05:05
Set to launch in Michigan on Friday, Jan. 22, the Barstool Sportsbook could be getting a big boost with two new faces joining the promotional team. What Happened: Barstool Sports founder Dave Portnoy announced two new partners for the Barstool Sportsbook during an episode of the Dave Portnoy Show with Eddie & Co: “Nickmercs and Logan Paul are now both Barstool guys for the Barstool Sportsbook.” Portnoy discussed how signing influencers could be beneficial for Penn National Gaming (NASDAQ: PENN ) to boost brand awareness for the Barstool Sportsbook. Portnoy notes other companies can spend money on advertising and he will go after influencers with millions of followers. He said some rival companies like … Full story available on Benzinga.com
— Benzinga

Return On Capital Employed Overview: Penn National Gaming

Wednesday, 20 January 2021, 09:25:00
Penn National Gaming (NASDAQ:PENN) posted a 218.62% decrease in earnings from Q2. Sales, however, increased by 269.89% over the previous quarter to $1.13 …
— Benzinga

Inauguration Day Prop Bets: Length Of Joe Biden's Speech, Lady Gaga's Hair Color And More

Wednesday, 20 January 2021, 00:35:11
On Wednesday, Jan. 20, Joe Biden will be sworn in as the 46th President of the United States. People around the world will be watching this historic transformation of power and people outside the U.S. can do something that Americans can’t do on inauguration day — place wagers on prop bets. Despite the rise of online sports betting in the U.S. from companies like DraftKings Inc (NASDAQ: DKNG ), Penn National Gaming (NASDAQ: PENN ) and … Full story available on Benzinga.com
— Benzinga