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Jim Cramer: Are DraftKings and Penn National a Sure Bet?

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DraftKings was getting a boost after the National Football League named DraftKings, Caesars, and FanDuel as the official betting partners.

“The way fans consume sports years from now will look drastically different, and it will be due in part to forward-thinking collaborations like our expanded relationship with the NFL,” said DraftKings CEO Jason Robins. “We share the same vision as the NFL on fan engagement and believe this agreement will lead to new innovations that will ultimately enhance both the product on the field and on the screen.” 

So, what does Jim Cramer think about this deal? And what sports betting stocks does he like?  Watch the video above for his take on Penn National Gaming ( (PENN) - Get Penn National Gaming Inc. Report) and DraftKings ( (DKNG) - Get DraftKings Inc. Report).

See the entire show below- TheStreet Live: Everything Jim Cramer Is Watching Friday

Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Watch Cramer's exclusive members-only Daily Rundown show on Action Alerts PLUS following TheStreet Live.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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