DKNG, PENN, MGM, CZR: Growth In Gaming & Casino Stocks

I think it'll be maybe 5 to 10 years before you get most state legalized, I just think it takes time, notes Zach Warring. He discusses casino and gaming stocks. He talks about mobile as well as traditional casinos including DraftKings (DKNG), Penn Entertainment (PENN), MGM Resorts (MGM), and Caesars Entertainment (CZR). He talks about how CFRA has a hold rating on DKNG and CZR and a buy on MGM. He also looks at the growth in online sports gaming. MGM is up over 50% year-to-date, and it hit its 52-week high today. Tune in to find out more about the stock market today.