DraftKings is poised for a strong NFL season, with analyst Bernie McTernan of Needham reiterating a Buy rating and highlighting the company’s competitive advantages in promotional activity, app rankings, and market share. Despite FanDuel’s lead, DraftKings is gaining ground, particularly in the second quarter, with the potential for a strong third quarter driven by the return of NFL and NCAA Football.
Flutter Entertainment, the parent company of FanDuel, reported strong second-quarter financial results, exceeding analysts’ expectations for both earnings and revenue. The company’s strong U.S. performance, particularly in sports betting, contributed significantly to the positive results. Shares of FLUT surged over 10% in after-hours trading.
FanDuel and DraftKings, leading sports betting companies, offer lucrative welcome bonuses in North Carolina. New customers can claim $350 or $400 in bonus bets with a $5 minimum wager requirement. FanDuel offers a $200 bonus specifically for North Carolina, while DraftKings includes Same Game Parlays for the NBA Playoffs. Both offers are easy to activate and provide a great way to enhance your betting experience.
