Top 5 Gambling & Sports Betting Stocks After Legalization Wave
247Wallst·2026-01-28 03:22- Penn Entertainment: ESPN Bet's Uncertain Future Loading stock data... Penn Entertainment (NASDAQ:PENN) posted a -1.62 but still deeply unprofitable. Q3 2025 missed estimates by 340%, and Q2 missed by 500%. The ESPN Bet transition was supposed to be a game-changer after ditching Barstool Sports. Instead, it's been a cash incinerator. Penn trades at 0.3x sales and below book value at $14.13, suggesting the market has written off the ESPN partnership. Analys ...