Rob’s Fundamental Stock Analysis

Rob’s Fundamental Stock Analysis

Share this post

Rob’s Fundamental Stock Analysis
Rob’s Fundamental Stock Analysis
$Penn: Getting Portnoy for Free!

$Penn: Getting Portnoy for Free!

Rob's Educated Guesses's avatar
Rob's Educated Guesses
Jun 06, 2021
∙ Paid

Share this post

Rob’s Fundamental Stock Analysis
Rob’s Fundamental Stock Analysis
$Penn: Getting Portnoy for Free!
1
Share

$PENN Gaming:  Getting Portnoy for FREE

Draftkings peaked in March at a near $30b valuation.  The company has “medium” term targets of about $1.7 in annualized EBITDA as the U.S. opens more states to OSB and I-Gaming for a total TAM of $25 billion in OSB and $40 billion in I-Gaming.  Draftkings assumes their market share will be about 25% given their bra…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Fein Luxe LLC
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share