As fantasy football becomes increasingly popular and competitive, a new trend emerges – fantasy football insurance. This article explores what this type of insurance is, how it works, and whether it’s worth the investment for serious fantasy players.
PENN Entertainment, Inc. (PENN) has faced challenges in recent months, leading to a decline in its stock price. While the company is making progress through various initiatives, concerns remain about its performance in certain segments and cost pressures. However, PENN’s robust gaming performance, emphasis on sports betting, and key property growth are positive indicators for the future. This article analyzes the current situation and provides insights into whether it’s the right time to buy, sell, or hold PENN stock.
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.
BetMGM has introduced a revolutionary new feature that allows Nevada users to seamlessly access and manage their betting accounts and funds across all U.S. markets through a unified digital wallet. This makes BetMGM the first sports betting app to offer this unique cross-state functionality, creating a streamlined experience for Nevada residents and tourists alike.
DraftKings, a leading online sports betting platform, faces an uphill battle against its competitor, Flutter Entertainment, in the US market. Analysts are closely watching EBITDA targets, tax surcharges, and competition as key factors determining the future of DraftKings. Despite the challenges, analysts remain optimistic about DraftKings’ long-term prospects due to its strong technology and national marketing reach.
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.
Former Toronto Raptors forward Jontay Porter pleaded guilty to a criminal conspiracy charge for his role in an NBA gambling scandal, admitting to tipping off others about his plans to leave games early to profit from betting against his performance. Porter, who was banned from the NBA for life, faces up to 4-3/4 years in prison.
With the 2024 NFL Draft just around the corner, FanDuel Sportsbook is offering a special welcome offer for new users. Simply bet $5 on any market and receive $150 in bonus bets. This is a great opportunity to get started with FanDuel and bet on the NFL Draft with a little extra cash in your pocket.
Don’t miss your chance to get up to $1,250 in bonuses when you sign up at DraftKings Sportsbook with our exclusive promo code. With the Celtics leading the series 1-0, Game 2 provides an opportunity for Miami to strike back. But oddsmakers are heavily favoring Boston, making this a great time to take advantage of DraftKings’ generous welcome offer. New users can earn up to $1,250 in total bonuses, including a $500 deposit bonus and a $750 risk-free bet. Plus, existing players can enjoy ongoing promotions and rewards. So whether you’re a seasoned bettor or just getting started, DraftKings has something for everyone. Sign up today and get in on the action!
BetMGM offers a generous welcome bonus of up to $1,500 in bonus bets for new users. To claim this offer, simply create a new account and enter the bonus code PLAYNJSPORTS. If your first wager is unsuccessful, you will receive bonus bets equal to the amount of your wager, up to $1,500. This offer is valid for all new BetMGM users who are at least 21 years of age.
