Thoughts on DKNG or PENN? I think it’s a good long stock as more states will confirm to legalize online betting. Both have done amazing this year but wanted to see if anyone has some thoughts on this.

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I think PENN is ultimately going to overtake DKNG. A ton of momentum with Barstool and I think that the quarantine really helped Barstool expand their core audience and that will ultimately translate to the gambling app user base. PENN could definitely be held down by their physical casinos depending on how long recovery takes, but if their downloads in the app are strong I think in these wild markets their overhead costs will be ignored.

likesmart

PENN also has a much better valuation. DKNG is around a $20b market cap while PENN is half of that (plus has all their casinos in addition to sport betting app with barstool)

I think PENN is a much better buy here.

I bought draft kings around 37. Plan on holding it for a long time

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I bought at $27 and sold at $33 🤡

likefunny

Buy LCA, Golden Nugget is 1/10 the value. Mainly online gambling but have a sports book. Avg person spends 700 on gambling vs 100 for sports betting

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I have both.

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