PENN Entertainment Inc (PENN)

[HittinHeavy93]

I liked penn. I think they could control the sports gambling market with their loyal barstool crew which would bring in a bundle. There is NO reason to partner with a company like draftkings accused of all kinds of illegal activity. Penn will remain out of my folio until they part ways with Draftkings.

Imagine having everything to control the gaming market and you partner with a weaker competitor to drag you through the mud. Absolutely horrible move by PENN. People don't use draftkings other than the fact that they are the only company willing to disobey the American laws and do whatever they want. Once these laws change, which they currently are and draftkings has some competitors, they will sink and Penn could take over solely. Now its looking like mgm for the win. Fact remains, nobody trust dk.