Penn National, DraftKings Rise on Bullish Sports-Betting Indicators Tony Owusu, The Street · January 13, 2021 at 1:30 am Sports-betting stocks got a boost on Tuesday following reports that the Texas governor’s office reached out to states that have legalized sports betting, like New Jersey, for advice on the issue. Craig-Hallum analyst Ryan Sigdahl wrote that the update is notable because Texas has “long been opposed to gambling.” Additionally, bills out of Oregon and Kentucky are also signs that the sports-gambling footprint in the U.S. could be expanding. Last week, New York Gov. Andrew Cuomo proposed to enable online sports betting. Shares of Penn National Gaming at last check rose 3.3% to $103.69. Shares of DraftKings traded up as much as 3.7% on Tuesday. They recently were little changed. On Monday Penn National topped $100 a share for the first time.