Gambling Stocks Tumbling After Post-COVID Highs

By Bryce Meades | October 14, 2025
Gambling Stocks Tumbling After Post-COVID Highs

DraftKings (DKNG), Caesars (CZR), Penn Entertainment (PENN), Bally’s (BALY), and Gambling.com (GAMB) all saw major spikes between 2020-2021. Since then, many gambling stocks have fallen in the market, with PENN down nearly 75% from its 5-year high. The gambling industry now faces a credibility reset, with cautious sentiment and realistic valuations. LAS VEGAS – Stocks…

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Caesars Entertainment Acquires William Hill For $3.7 Billion

By Giovanni Shorter | September 30, 2020
William Hill - Caesars Entertainment

William Hill will be acquired by Caesars Entertainment for $3.7 billion. The popular sportsbook will become a subsidiary of Caesars Entertainment, Inc. Caesars believes sports betting is the fastest growing gambling market in the US. RENO, Nev. – Caesars Entertainment, Inc. has bid $3.7 billion in a massive acquisition to claim William Hill as a…

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