Day 22
My PENN stocks just can’t catch a break. First the earnings miss and the Portnoy story, then today’s news. I was more than a little concerned when Barstool sports was not on the list of sports-betting operators approved for New York mobile and phone sports betting. While New York should potentially be one of the biggest markets among US states, the New York revenue for these new approved licenses will be taxed at 51%, the highest so far. Maybe the margin for the New York market ain’t so good and Penn isn’t missing out on much.
Meanwhile, my solar stocks continue to do well.
Meanwhile, my solar stocks continue to do well.
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