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


To: rogermci® who wrote (95)7/16/2020 11:25:13 AM
From: sixty2nds1 Recommendation

Recommended By
Glenn Petersen

  Read Replies (1) | Respond to of 282
 
seekingalpha.com

DraftKings launches mobile casino app in Pennsylvania
Jul. 14, 2020 2:20 PM ET|About: DraftKings Inc. (DKNG)|By: Manshi Mamtora, CFA, SA News Editor

DraftKings ( DKNG +1.5%) announced the launch of standalone casino app in Pennsylvania.

Last month, the app was successfully launched in New Jersey, and is now prepared to unveil in additional states where regulations allow.

The app features new games only found on DraftKings, plus revamped classics, including Blackjack and Roulette. It will also offer games from third-party providers like International Gaming Technology.

The app space for gambling is getting crowded, with Penn National (NASDAQ: PENN) and Barstool sports poised to release their app. Recent SPAC Golden Nugget Online (NASDAQ: LCA) and soon to be tickered (GNOG) will also involve an online gambling component.

Watch the Roundhill Sports Betting & iGaming ETF (NYSEARCA: BETZ) to cover this sector.

Previously: DraftKings turns to casino app with sports on hold (June 23)

Now read: The Greatest SPAC Winners - From Nikola To DraftKings And Virgin Galactic »



To: rogermci® who wrote (95)11/11/2020 7:49:22 PM
From: Rarebird  Read Replies (2) | Respond to of 282
 
PENN -DKNG have both bottomed. You can place a stop at the most recent lows. The prognosis for them intermediate term is extremely bullish.

Great set ups.

New highs forthcoming.