The Latest Breaking News from DKNG

As the sports betting market heats up ahead of March Madness, both Penn Entertainment and DraftKings present potential buy-the-dip opportunities after their latest earnings reports. But which stock is a better buy at current levels?

DraftKings said in its latest earnings release that it expects to make between $310 and $410 million in free cash flow this year. DKNG stock's value could be worth at least 50% more if it occurs.

DKNG stock leapt 7% Thursday to jump above its 50-day line after DraftKings launched in Vermont on Jan. 11. Cathie Wood's ARK sells shares.

Although DraftKings’ overall options volume wasn’t extraordinary on Thursday, it had five unusually active put and call options. If you’re bullish about sports betting, here’s the best buy of the bunch.

The entertainment industry is benefitting from stable demand, rapid digitalization and technological advancements. Therefore, let’s assess the prospects of entertainment stocks Canterbury Park Holding (CPHC) and DraftKings (DKNG).

DraftKings stock is testing a support level and is in buy range after a strong breakout in November.

Resort and gaming operators are incorporating seamless digital elements into their in-person experiences, envisioning a hybrid future. Given the advancements in the industry, which entertainment stock, Boyd Gaming (BYD), Las Vegas Sands (LVS), and DraftKings (DKNG), would make the best buy? Read more to find out….

The entertainment industry is poised for long-term growth supported by rapid technological advancements. However, let’s evaluate which of the two entertainment stocks, DraftKings (DKNG) and Inspired Entertainment (INSE), is well-positioned to capitalize on the industry tailwinds and deliver superior returns.

DKNG stock climbs after DraftKings hikes outlook on rapid gambling growth. PENN stock rallies after ESPN Bet launch. Disney stock climbs.