Championship Sunday – Cincy Bengals/Kansas City Chiefs, San Francisco 49ers/Los Angeles Rams
Championship Sunday – Cincy Bengals/Kansas City Chiefs, San Francisco 49ers/Los Angeles Rams
Super Bowl Picks – Kansas City Chiefs Vs Philadelphia Eagles admin
NFL Conference Championship Picks – San Francisco at Philadelphia, Cincinnati at Kansas City admin
NFL Divisional Matchups – JAC@KC, NYG@PHI, CIN@BUF, DAL@SF admin
NFL Wildcard Weekend – Sea at SF, LAC at Jac, Mia at Buf, NYG at Min, Bal at Cin, Dal at TB admin
Is it time to double down on sports betting and iGaming stocks?
The sports betting and iGaming sector has seen a lot of selling pressure with risk-off trading in the market. Many investors are turning away from high growth stocks and moving toward value names. Recently the share price drops have run counter of most positive developments with sports betting and volume numbers.
New York has generated $1.2 billion in handles and $91.4 million in revenue in just 16 days. Elsewhere we saw Louisiana go live with 7 platforms just this past week, and states like Arizona and Michigan have hold rates much higher than analysts anticipated. Along with that Penn National Gaming has stated it is ready to launch its mobile sports betting offering in Ontario when the province officially open the market. Most notably last week Morgan Stanley upgraded DraftKings to Overweight with the stock being more that 70% off its 52-week high.
Time to double down on sports betting and iGaming stocks? By: Clark Schultz,
Championship Sunday – Cincy Bengals/Kansas City Chiefs, San Francisco 49ers/Los Angeles Rams
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