article thumbnail

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

PYMNTS

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
article thumbnail

With Wynn’s $402M In Net Losses, Is Online Gambling The Future Of Gaming?

PYMNTS

The company’s Las Vegas properties closed on March 17, and authorities in Nevada have not put a date into place for when casinos can open again. Wynn Resorts runs the Encore and Wynn properties on the Strip as well as properties in Macau and the Encore Boston Harbor.

Online 210
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Delta Customers May Be Able To Pay Lyft With Miles Soon

PYMNTS

The airline has also been courting corporate travelers in big markets like New York, Boston and Seattle. Delta is an Atlanta-based carrier, and it unveiled its new initiatives at the Consumer Electronics Show in Las Vegas on Tuesday (Jan.

Las Vegas 130
article thumbnail

Real Estate Money Laundering An Increasing Focus Of Governments

PYMNTS

Brigitte Unger, a professor at the Univerity of Utrecht in the Netherlands, is part of a fact-finding panel for Canada’s British Columbia on how to handle the increase of untraceable real estate purchases in Vancouver that are tied to crime syndicates and market abuse. Money laundering through real estate is about $1.6 As for the U.K.,

Las Vegas 182
article thumbnail

Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

El Paso 195
article thumbnail

Big Brick-And-Mortars Double Down On Same-Day Delivery

PYMNTS

However, of late, its expansion has been rapid, and it is now in 17 major metro markets. Best Buy has also recently added NYC, as well as Atlanta, Boston, Chicago, Dallas, Houston, Las Vegas, Los Angeles, Miami, Philadelphia, Seattle and Washington, D.C. Baltimore markets. All could use a boost. percent.

article thumbnail

Top 13 Bank, Fintech & Financial Services Marketing Conferences

Fintech Labs Insights

For financial marketers, especially those in credit unions and community banks, the biggest event of the year, The Financial Brand Forum , is just two months away. While dedicated financial marketing events are limited, there are many other wide-ranging fintech and banking events that have numerous sessions on marketing and product topics.