Are You Going To Bet On Sports Betting Stocks?

 

Can you believe it? Now Disney (DIS) is getting into sports betting through its ESPN division and an agreement with Penn Entertainment (PENN).

Sports betting is legal in 37 states and Washington, D.C. as of August 2023. The first state to legalize sports betting after the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in 2018 was New Jersey. Since then, there has been a rapid expansion of sports betting in the United States.

The states that have legalized sports betting have different laws and regulations governing the industry. Some states allow only in-person betting, while others allow both in-person and online betting. Some states have a monopoly on sports betting, while others allow multiple operators to offer sports betting services.

The growth of sports betting in the United States has been driven by a number of factors, including the popularity of fantasy sports, the increasing availability of mobile devices, and the legalization of sports betting in more states. The industry is expected to continue to grow in the coming years, as more states legalize sports betting and more people become interested in betting on sports.

Here is a list of the states that have legalized sports betting as of August 2023:

Alabama Arizona Arkansas Colorado Connecticut Delaware Florida Georgia Illinois Indiana Iowa Kansas Kentucky Louisiana Maine

Maryland Massachusetts Michigan Mississippi Missouri Montana Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma

Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

The future of sports betting in the United States is bright. The industry is expected to continue to grow in the coming years, as more states legalize sports betting and more people become interested in betting on sports.

DraftKings (DKNG): DraftKings is a leading online sportsbook and daily fantasy sports (DFS) company. It operates in 19 states and Washington, D.C., and has a market capitalization of $13.8 billion. DraftKings offers a variety of betting options, including sports betting, DFS, and iGaming. It also has a media division that produces content for its own platforms and for third-party partners.

DraftKings was founded in 2012 by Jason Robins, Matt Kalish, and Paul Liberman. The company quickly became one of the leading DFS companies in the world. In 2018, DraftKings launched its sportsbook in New Jersey, becoming one of the first companies to offer legal sports betting in the United States after the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA).

DraftKings has grown rapidly in recent years. In 2022, the company generated $1.3 billion in revenue and $463 million in net income. DraftKings is expected to continue to grow in the coming years, as more states legalize sports betting and more people become interested in betting on sports.

DraftKings is a publicly traded company on the NASDAQ stock exchange (ticker symbol: DKNG). The company’s stock price has been volatile in recent years, but it is currently trading at a market capitalization of $13.8 billion.

DraftKings is a well-positioned company to benefit from the growth of the sports betting industry in the United States. The company has a strong brand, a proven track record, and a diversified product offering. DraftKings is also well-capitalized and has a strong management team.

The company is currently generating negative earnings, however, annual sales growth for the last five years, is 63.5%, and quarterly revenue growth year-over year is 84.5%.

Penn National Gaming (PENN): Penn National Gaming is a casino and gaming company that owns and operates casinos, racetracks, and sportsbooks in 19 states. It has a market capitalization of $3.87 billion. Penn National Gaming is one of the largest casino operators in the United States and is also a major player in the sports betting industry.

Penn National Gaming entered the sports betting market in 2018, when it acquired theScore, a Canadian sports media company. TheScore operates a sportsbook in Canada and has a partnership with Penn National Gaming to offer sports betting in the United States.

In 2020, Penn National Gaming acquired Barstool Sports, a popular sports media and entertainment company. Barstool Sports has a large and engaged following of sports fans, which Penn National Gaming is hoping to leverage to grow its sports betting business.

Penn National Gaming is well-positioned to benefit from the growth of the sports betting industry in the United States. The company has a strong portfolio of casinos and racetracks, which can be used to attract sports betting customers. Penn National Gaming also has a strong brand and a proven track record in the gaming industry.

Here are some of the key things to know about Penn National Gaming’s sports betting business:

• The company operates sportsbooks in 13 states and the District of Columbia.
• It has partnered with Barstool Sports to offer sports betting in several states.
• It is also a major investor in theScore, a Canadian sports media company that operates a sportsbook in Canada.
• Penn National Gaming is expected to continue to grow its sports betting business in the coming years, as more states legalize sports betting and more people become interested in betting on sports.

The stock trades at a great six times trailing earnings and 12.5 times forward earnings. Quarterly earnings growth year-over-year was an incredible 987.9%, on a revenue increase of 7%. It has a superior price to earnings growth [PEG] ratio of 0.27, an excellent price to sales [PS] ratio of 0.59, and sells at 92% of book value.

Flutter Entertainment (PDYPY): Flutter Entertainment is a British gambling company that operates in over 20 countries. It is one of the largest online sports betting companies in the world and owns the Paddy Power Betfair brand.

Flutter Entertainment entered the United States sports betting market in 2018, when it acquired FanDuel, a leading online sportsbook. FanDuel has since become one of the most popular sports betting apps in the United States.

In 2020, Flutter Entertainment acquired TVG, a pari-mutuel online betting network, which is active in 35 states. TVG has a strong presence in the horse racing market, which is a growing segment of the sports betting industry.

Flutter Entertainment is well-positioned to benefit from the growth of the sports betting industry in the United States. The company has a strong portfolio of brands, a proven track record, and a global reach. Flutter Entertainment is also well-capitalized and has a strong management team.

Here are some of the key things to know about Flutter Entertainment’s sports betting business:

• The company operates sportsbooks in 18 states and the District of Columbia.
• It owns the FanDuel and TVG brands, which are two of the most popular sports betting apps in the United States.
• It is also a major investor in Adjarabet, a Georgian sports betting company that operates in several countries in Eastern Europe.

Flutter has a market cap of $34.3 billion, and is currently generating negative earnings. Revenues for the latest reported year were up over 27%.

Churchill Downs (CHDN): Churchill Downs is a horse racing company that owns and operates the Kentucky Derby and several other racetracks. It also has a sports betting app in Indiana and Illinois.

Churchill Downs entered the sports betting market in 2019, when it launched its sportsbook in Indiana. The company has since expanded its sports betting operations to Illinois and is expected to launch sportsbooks in several other states in the coming years.

Churchill Downs is well-positioned to benefit from the growth of the sports betting industry in the United States. The company has a strong brand, a proven track record in the horse racing industry, and a large customer base. Churchill Downs is also well-capitalized and has a strong management team.

Here are some of the key things to know about Churchill Downs’ sports betting business:

• The company operates sportsbooks in Indiana and Illinois.
• It is expected to launch sportsbooks in several other states in the coming years.
• It has a partnership with DraftKings to offer sports betting in several states.

This $9 billion market cap stock has a trailing P/E ratio of 26 and a forward P/E of 16.7. Earnings per share growth this year was a strong 81.2% and quarterly sales growth was up 31.9%. The company even pays a small dividend, providing a yield of 0.29%.

MGM Resorts International (MGM): MGM Resorts International is a casino and resort company that owns and operates casinos, hotels, and entertainment venues in 17 countries. It also has a sports betting app in Nevada, New Jersey, and several other states.

MGM Resorts International entered the sports betting market in 2018, when it launched its sportsbook in Nevada. The company has since expanded its sports betting operations to New Jersey and several other states.

MGM Resorts International is well-positioned to benefit from the growth of the sports betting industry in the United States. The company has a strong portfolio of casinos and resorts, which can be used to attract sports betting customers. MGM Resorts International also has a strong brand and a proven track record in the gaming industry.

Here are some of the key things to know about MGM Resorts International’s sports betting business:

• The company operates sportsbooks in Nevada, New Jersey, and several other states.
• It has a partnership with BetMGM, a joint venture with Entain PLC, to offer sports betting in several states.
• It is also a major investor in BetMGM, which is one of the leading sports betting companies in the United States.

This $16.9 billion company trades at 44 times trailing earnings and 16 times forward earnings. Earnings per share growth this year jumped.44.6%. The very small dividend yield is 0.02%.

These stocks are all poised to benefit from the growth of the sports betting industry in the United States. As more states legalize sports betting, these companies will be well-positioned to capture a share of the market.

Disclosure: The author didn’t own any of the above at the time the article was written.

How to Invest in the Kentucky Derby & Horse Racing

The Kentucky Derby will be held at the end of this week, on Saturday, May 7, in Louisville, Kentucky. This is probably the most watched horse race in the United States. The Kentucky Derby is the first race of the Triple Crown of Thoroughbred Racing, with the second being the Preakness Stakes and the third, the Belmont Stakes.

If you want to make money from horse races, you can bet on a race horse, or you can buy a horse race track related stock. WallStreetNewsNetwork.com has a list of almost ten stocks in the horse racing industry, several of which pay dividends.

The host of the Kentucky Derby is Churchill Downs (CHDN), the holding company of the Churchill Downs Racetrack founded in 1875. Other operations it has includes Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 36 times trailing earnings, and 18 times forward earnings. Revenues for the latest quarter were up an incredible 62%. The company pays a small dividend of 0.9%.

Another racetrack stock is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The stock sports a trailing price to earnings ratio of 18.3. Quarterly revenues increased slightly versus the same quarter last year.

Penn National Gaming Inc. (PENN) owns many racetracks and off-track wagering operations in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 16.6. Revenues were up 7.5% for the latest reported quarter, with earnings spiking over 300%.

For a free list of  horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com. Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Hope you place your bet on the right stock, and your investment comes in first place.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

American Pharoah is the Triple Crown Winner: Are Horserace Stocks Winners?

For the first time in 37 years, a horse won the Triple Crown. A horse called American Pharaoh is only one of twelve to win the Kentucky Derby, Preakness Stakes and the Belmont Stakes.


One way to make money from horse races is to bet on a race horse, and the other way is to purchase a stock involved in the race track business. For a list of several stocks in the horse racing industry, several of which pay dividends, go to WallStreetNewsNetwork.com.

Churchill Downs (CHDN), the holding company of the Churchill Downs Racetrack, is the host of the Kentucky Derby. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 49 times trailing earnings, 23 times forward earnings. Revenues for the latest quarter were up by over 50%. The company pays a dividend of 0.8%.

Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway,  a harness racing track in Delaware with pari-mutuel wagering, generated breakeven earnings. For the latest reported quarter, revenues dropped by 2.5%.

Penn National Gaming Inc. (PENN) owns several racetracks and off-track wagering operations in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward price to earnings ratio of 23.4. Revenues were up 3.6% for the latest reported quarter, and earnings rose by over 142%.

For a free downloadable list of  horse racing stocks, go to WallStreetNewsNetwork.com. Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Maybe your stock will win the Triple Crown.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Top Kentucky Derby Stocks

Only a couple more days until the Kentucky Derby, which will be held on Saturday, May 2, in Louisville, Kentucky. This is one of the most watched horse races in America. The Kentucky Derby is the first race of the Triple Crown of Thoroughbred Racing. The second race is the Preakness Stakes and the third is the Belmont Stakes.

If you want to make money from horse races, you can bet on a race horse, or you can buy a race track related stock. WallStreetNewsNetwork.com has a list of almost ten stocks in the horse racing industry, several of which pay dividends.

The host of the Kentucky Derby is Churchill Downs (CHDN), the holding company of the Churchill Downs Racetrack founded in 1875. Other operations it has includes Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 45 times trailing earnings, 18 times forward earnings. Revenues for the latest quarter were up 3.6%. The company pays a dividend of 0.9%.

Another racetrack stock is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, which is a harness racing track with pari-mutuel wagering. The company a slight earnings loss for the latest reported quarter, and revenues dropped by 1.9%.

Penn National Gaming Inc. (PENN) owns many racetracks and off-track wagering operations in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 23. Revenues were up 1.0% for the latest reported quarter.

For a free list of  horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com. Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Hope you place your bet on the right stock, and your investment comes in first place.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

California Chrome Just Won the Preakness: Time to Look at Horse Race Stocks

The second chapter of the Triple Crown, the Preakness Stakes, was one by California Chrome, after first winning the Kentucky Derby, the first race of the thee races of the Triple Crown of Thoroughbred Racing. The last of the trio is the Belmont Stakes.

Instead of betting on the horses, you might want to consider investing in horse race stocks. WallStreetNewsNetwork.com has a free list of almost a dozen stocks in the horse racing industry, a couple of which pay dividends.

One example is Churchill Downs (CHDN), the host of the Kentucky Derby. This is the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 29 times trailing earnings, 20 times forward earnings, and pays a yield of 1.0%.

 Another horse in the racehorse field is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company trades at 13 times forward earnings.  The company generated negative earnings for the latest reported quarter.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a  forward PE of 30.

For a  list of horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com.

Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

How to Invest in Race Horses Without Owning Racehorses

The Kentucky Derby is one of the three most watched horseraces in the United States, will be held on Saturday, May 3, in Louisville, Kentucky. The Kentucky Derby is the first race of the three of races of the Triple Crown of Thoroughbred Racing. The Derby will be followed by the Preakness Stakes and the Belmont Stakes.

There are three ways to make money from race horses. You can buy a race horse, you can bet on a race horse, or you can invest in the stock of a horse race track. WallStreetNewsNetwork.com has a list of over half a dozen stocks in the horse racing industry, several of which pay dividends.

One example is Churchill Downs (CHDN), the host of the Kentucky Derby. (By the way, if you are planning on attending the Kentucky Derby, you need to buy your tickets now.) This is the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 30 times trailing earnings, 22 times forward earnings. Revenues for the latest quarter were up 3.1% and reported earnings of $3.06 per share. The company sports a yield of 0.9%.

Another runner in the racehorse field is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company trades at 15 times forward earnings. Revenues were down 4.1% for the latest reported quarter.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 32. Revenues dropped 13.3% for the latest quarter.

For a free list of horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com.

Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Kentucky Derby Next Week: Horse Race Stocks Anyone?

The Kentucky Derby, the most notable horserace in the United States, will be held this Saturday, May 4, in Louisville, Kentucky. The Kentucky Derby is the initial race of the trio of races of the Triple Crown of Thoroughbred Racing. It will be followed by the Preakness Stakes and the Belmont Stakes.

Instead of putting your money on a horse race bet, why not put your money in a horse race investment. WallStreetNewsNetwork.com turned up a list of over ten stocks in the horse racing industry, a couple of which pay dividends.

One example is Churchill Downs (CHDN), the host of the Kentucky Derby. This is the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 22.3 times trailing earnings, 17.1 times forward earnings, and pays a yield of 1.0%.
The company just reported results on April 24. Record revenue of $148.1 million were generated, up 7% versus the prior-year period, along with record EBITDA of $17.9 million, up 3%. According to Robert L. Evans, Chairman and CEO, "While we set revenue and EBITDA records for the first quarter, our Gaming revenues were below our expectations, primarily due to the higher payroll taxes that became effective January 1, and delays in issuing federal and state income tax refunds. In addition, our Online Business revenues underperformed due to our decision to stop taking TwinSpires.com wagers in Illinois effective January 18, as the bill authorizing such wagering was allowed to expire by the state legislature.
"Looking forward, the pre-event metrics for Kentucky Oaks and Derby Week look strong.
"The Board also approved a stock repurchase plan that authorizes the repurchase of up to $100 million in Churchill Downs Incorporated common stock through the end of 2015. This provides a tax-effective way to return capital to shareholders and to offset some of the dilutive effect of equity used in the Company's compensation plans."
Another player in the racehorse filed is Dover Downs Gaming and Entertainment (DDE), which owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company trades at 28.3 times earnings and pays a munificent yield of 4.3%. Revenues were down 21.2% for the latest reported quarter.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a trailing price to earnings ratio of 30.2 and a forward PE of 21.2 but does not pay a dividend.

For a free list of horse racing stocks which you can download, sort and update, go to WallStreetNewsNetwork.com.

Also, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Profit from the Kentucky Derby

The Kentucky Derby, considered to be the most famous horse race in the United States, was held this Saturday in Louisville, Kentucky. It is the first of the three major races of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes.

Is there a way to make money on horse racing without betting on the outcome of a race? Definitely. WallStreetNewsNetwork.com turned up a list of a dozen stocks in the horse racing industry, and several of them pay dividends.

A perfect example is Churchill Downs Inc. (CHDN), the host of the Kentucky Derby. This is the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 17.2 times forward earnings, and pays a yield of 1.0%.  Revenues were up 8.8% for the latest reported quarter.

Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a forward price to earnings ratio of 9 and pays a generous yield of 4.3%. Revenues were up 7.9% for the latest quarter.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 15.6 but does not pay a dividend.

For a free list of stocks involved in the horse racing industry which you can download, sort and update, go to WallStreetNewsNetwork.com.

By the way, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Kentucky Derby this Saturday: Horse Race Stocks

The Kentucky Derby, considered to be the most famous horse race in the United States, will be held this Saturday in Louisville, Kentucky. It is the first segment of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes.

The Kentucky Derby is hosted by Churchill Downs Inc. (CHDN), the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock trades at 18 times forward earnings, and pays a yield of 1.2%. As a matter of fact, WallStreetNewsNetwork.com turned up a list of a dozen stocks in the horse racing industry, and half of them pay dividends.

Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a price to earnings ratio of 16.9 and pays a generous yield of 3.4%. Revenues were up 4.6% for the latest quarter, however, earnings dropped over 72%.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 21.1 but does not pay a dividend.

For a free list of stocks involved in the horse racing industry which you can download, sort and update, go to WallStreetNewsNetwork.com.

By the way, if you want a free horse race handicapping program, check out the one at horsetip.com.

Disclosure: Author did not own any of the above at the time the article was written.

By Stockerblog.com

Kentucky Derby Stocks

The Kentucky Derby, probably the most famous horse race in the world, will be held on May 1, in in Louisville, Kentucky. It is the first segment of the Triple Crown of Thoroughbred Racing and will be followed by the Preakness Stakes and the Belmont Stakes.

The Kentucky Derby is hosted by Churchill Downs Inc. (CHDN), the holding company of the Churchill Downs Racetrack that originally opened in 1875. It also owns Arlington Park, the Calder Race Course, the Fair Grounds Race Course, and the Trackside Off-Track-Betting Facilities. The stock has a forward P/E of 23, and pays a yield of 1.3%. The company will be announcing earnings on May 5.

Of course, there are plenty of other publicly traded companies in the horse racing industry. Canterbury Park Holding Corp. (CPHC) operates year-round pari-mutuel wagering on simulcast and live horse races, along with track concessions and card games, at the Canterbury Park Racetrack in Minnesota which it owns and operates. The stock has a P/E of 579. This is a low cap stock and should be considered speculative.

Dover Downs Gaming & Entertainment Inc. (DDE) owns Dover Downs Raceway, a harness racing track with pari-mutuel wagering. The company has a forward P/E of 10.8 and pays a yield of 2.9%.

Magna Entertainment Corp. (MECAQ.PK) owns several horse racetracks and off track facilities. The company just won approval of its Chapter 11 reorganization. This is a very low cap stock and should therefore be considered very speculative.

MTR Gaming Group Inc. (MNTG) owns racetracks in West Virginia, Pennsylvania, and Ohio. Earnings have recently been negative. This is a low cap stock and should be considered speculative.

Penn National Gaming Inc. (PENN) owns racetracks and off-track wagering facilities in Colorado, Illinois, Indiana, Iowa, Louisiana, Maine, Mississippi, Missouri, New Jersey, Ohio, Pennsylvania, West Virginia, and Ontario. The stock has a forward PE of 22.

By the way, if you want a free horse race handicapping program, check out the one at horsetip.com.

Author does not own any of the above.

By Stockerblog.com