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More recently, they’re constructing support for a higher leg up, with PENN getting an early start on the competitors. Not surprisingly, DKNG and PENN share a reasonably strong 63.4% correlation coefficient since the beginning of this year. As an illustration, DraftKings (NASDAQ:DKNG) CEO and co-founder Jason Robins declared that it would be a disappointment if DKNG only became the dominant sports betting platform with out disrupting different types of betting. That tells me that the same fundamentals which are driving PENN and DKNG are also exhibiting like to LCA. I’m going to use the same principle with LCA stock. Landcadia’s valuation has been all over the map, implying that LCA is the third wheel in a two-car race. I am a retired civil service worker, having labored for brand new York City for over 40 years. Online gaming is a fun and handy different to dwell casino games that have taken the Internet by storm in recent times.

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