There are 49 other states in the USA so to imply that the PBH...

There are 49 other states in the USA so to imply that the PBH share price has been accelerating solely on the basis on online sports betting being approved this year in NY is quite far fetched. As the above two posters already stated, the price shot up well before NY was even remotely on the radar. Obviously approval in NY would be huge but the success of PBH does not depend on it. If legalisation doesn’t happen this year it doesn’t mean hope is lost forever, just that it will be delayed. The data also indicates that 25% of New Jersey revenue is coming from residents of New York so people of NY who a really keen for a punt seem happy to travel. There is a big difference between your $5 to $10 valuation range indicating you are simply taking a stab in the dark and don’t have much idea.