Aug. 19 at 2:30 PM
$PENN is uniquely positioned to gain market share with the new ESPN Bet integrations with the ESPN Fantasy App, the ESPN app, and the new ESPN streaming service all being unveiled today, August 19th. Also to help fuel the fire,
$PENN has a
$350M (13.5% of MC) commitment to repurchase shares by end of year and have only repurchased
$115M so far, in addition to having a 15% short interest. ESPN Bet has a chance to gain share on
$DKNG $FLUT in a rapidly growing market.