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DraftKings To Merge With Other Companies, Go Public

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Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

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DraftKings To Merge, IPO At A $3.3B Market Value

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Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. Jason Robins, the co-founder and CEO of DraftKings, is going to run the new company, which will be incorporated in Nevada and keep its headquarters in Boston.

Las Vegas 130
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Caesars Puts Stake In Online Betting Co DraftKings

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. “This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia.

Online 108
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Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport

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Wayfair , for instance, opened a store at the Natick Mall in suburban Boston, where consumers can experience products firsthand before making a purchase, after debuting a pop-up shop there last year. The new location comes with a digital innovation, the Wayfair Home Bar, which helps customers visualize how Wayfair’s products fit into a room.

Retail 109
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B2B Investors Set Sights On Data, AI, Analytics

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Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank.

Analytics 176
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Competitors Prompt Amazon To Slash Prices (Again)

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This year’s newest innovation? According to Recode , AmazonFresh customers in parts of New Jersey, Pennsylvania, Delaware, Maryland, California, New York, Connecticut, Massachusetts, and Virginia have received the notices. Seasonal sales, twinkling lights and Santas for photo-ops everywhere you turn.

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The Mall Food Court’s Hall Transformation

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Mall developer James Rouse was known for many innovations, but his best known might have arguably been the food court. But, in 1974, he opened a successful food court in New Jersey at the Paramus Park Mall. As it stands, the chain has locations in cities such as Boston, New York and Los Angeles, among others.