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Odds Are That Online Sportsbook Wins Big Post-COVID

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Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. billion by 2025.

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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

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Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. The blank check operation that will take Rush Street Interactive public fits the profile.

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Amazon Said To Roll Out PillPack Service To Employees

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News of Amazon ‘s acquisition of online pharmacy startup PillPack have had analysts assuming the eCommerce conglomerate is ready to introduce an online pharmacy to its suite of services. However, new reports from CNBC on Wednesday (Nov. 21) said Amazon may first be gearing up to introduce the service to its own employees.

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Discount Retailers Move Away From eCommerce

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And both of them are turning away from online sales. The first of the two stories came from Burlington , which announced on its last earnings call that it will stop selling its off-priced goods online. It’s also expanding its store base in existing as well as new markets.”. That’s right – no eCommerce. percent of its $2.2

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Walmart To Lay Off 1K Employees At Its Headquarters

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Bloomberg reported news that between 400 and 500 jobs were cut this week in marketing, human resources, merchandising, real estate and other departments. We’ve been looking at our structure for some time as we explore ways to operate more effectively,” the company said in an emailed statement. Those efforts continue.

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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

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The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. The service said it attracts some 19 million unique monthly visitors to its online automotive marketplace. and autoscout24.de. and autoscout24.de.

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Grocery Round-Up: Digital-First Delivers For Kroger, Another Instacart Pair-Up And Hoarding Round 2

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Online sales were up 108 percent during the quarter. In late October , Cincinnati-based Kroger announced its “Restock Kroger” program — which aims to improve shipping, distribution and the links between its online and offline businesses — would be a major boost for shareholders. Earnings per share (EPS) reached $.80, 80, up from $.32.