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Technology Stocks : DraftKings, Inc. / Online Gambling -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (68)6/12/2020 12:18:28 PM
From: koufax1791  Read Replies (1) | Respond to of 282
 
Hi Glenn,

What financial effect do you think that Bar Stool's (Penn Gaming) sports book to be launched later this year will have on Draftkings ? Currently, am I correct that Fanduel and Draftking are the most popular and main sportsbooks being used? So the addition of a third in Barstool (Penn Gaming) will split the pie even more. Wondering if and how much of the additional sportsbook has been priced in any of the stocks already. I doubt that a merger would take place as each company seems to have big investors behind each one and at this early stage in online sports gaming, that any one of them would give up and join forces with one of the others. Your thoughts would be greatly appreciated. Thanks.