![]() In terms of market capitalization, revenue, and EBITDA, the two companies stack up like this:ĭraftKings is the more valuable company today, trading with a market cap of a little above $11 billion, while Penn National Gaming is valued at slightly less than $9 billion. Its history is comparatively short, as DraftKings was founded just 10 years ago. On top of that, PENN owns Barstool Sports, an online entertainment and online sports betting company, and offers additional online casino services under different brands.ĭraftKings, meanwhile, is an online sports entertainment company that offers sports-related news and content and sports betting and iGaming to its customers. has been founded 50 years ago and has established operations across a range of states (Nevada, Colorado, Michigan, and so on) where it offers live sports betting and horse tracks. Looking at the respective history of the two companies, we see big differences. ![]() How Are DraftKings And Penn National Gaming Different? ![]() ( DKNG ) in order to gauge which pick might be the better one for 2022 and beyond. In this article, we will pitch Penn National Gaming, Inc. The gambling industry is experiencing rapid change, as online sports gambling and other trends continue to shape the industry. Hirurg/E+ via Getty Images Article Thesis ![]()
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