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Caesars Getting Serious About Online Gambling

Travis Hoium, The Motley Fool
·4-min read
Caesars Getting Serious About Online Gambling

Online gambling is suddenly the hottest segment of the international gambling market. DraftKings (NASDAQ: DKNG), Everi Holdings (NYSE: EVRI), GAN Limited (NASDAQ: GAN), and even Penn National Gaming (NASDAQ: PENN) have been shooting higher for the past six months on hopes that online gambling will be a highly profitable business for them. MGM Resorts (NYSE: MGM) is one of the biggest online gambling companies in the U.S. already, and it is slowly expanding its presence.

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