2 Sports Betting Stocks to Watch Amid Olympics, Earnings

The widespread legalization of sports betting is breathing new life into the Paris 2024 Olympics. Earnings season is shining a light on the sector as well, with DraftKings Inc (NASDAQ:DKNG) fresh off the confessional, and competitor PENN Entertainment Inc (NASDAQ:PENN) set to announce its own quarterly results before the open tomorrow. DKNG was last seen 0.8% higher to trade at $31.64, enjoying some broader-market tailwinds after the company on Monday reported a surprise profit for the second quarter, while ...