DraftKings and Penn Entertainment Are Climbing Today: Is the Sports Betting Sector Turning a Corner?
Yahoo Finance·2026-03-23 14:15Quick Read DraftKings (DKNG) reported Q4 2025 revenue of $1.99B, up 42.8% year-over-year, with adjusted EPS of $0.36 beating consensus by 100%, and achieved its first full-year GAAP net income while expanding into DraftKings Predictions. Penn Entertainment (PENN) posted 73% year-over-year online sportsbook growth and 40% iCasino growth in Q4 2025, with its Interactive segment achieving positive adjusted EBITDA in December following the strategic reset and ESPN partnership termination. A broad market ...