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Business
Aditya Raghunath

Better Buy for 2022: DraftKings vs. Penn National Gaming

DraftKings Penn Penn National Gaming DKNG United States

Gaming companies remain a top bet for long-term investors, given they are part of an expanding addressable market. In fact, gaming is considered an alternate entertainment option, making companies such as DraftKings (DKNG) and Penn National Gaming (PENN) interesting potential investments at current prices.

DraftKings is a company valued at a market cap of $17.5 billion. It operates as a digital sports entertainment and gaming company in the U.S. Comparatively, Penn National Gaming is valued at a market cap of $7.6 billion and owns gaming and racing properties as well as video gaming terminals.

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