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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.

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Cannabis Startups Expected To Boost Warehouse Rents In Boston, L.A.

PYMNTS

Industrial rents in already-expensive cities like Los Angeles and Boston are expected to get a boost because of weed startups, according to Bloomberg Markets. That trend is expected to continue in cities in California, Maine, Massachusetts and Nevada, all of which are now legalizing recreational weed.

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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.

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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers. The hat trick right now is to keep fans engaged while the market normalizes. percent over the same period. billion by 2025.

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The Great Grocery Race Shifts Into High Gear

PYMNTS

Boston, Philadelphia and Washington D.C. As of today, Prime Now grocery delivery from Whole Foods Markets is now available in Las Vegas, Nevada; Charlotte and Raleigh, North Carolina; Nashville, Tennessee; Memphis, Tennessee; New Orleans, Louisiana; Oklahoma City, Oklahoma; Phoenix, Arizona; Seattle, Washington; and Tucson, Arizona.

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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

Paul and Boston. In terms of score improvement over the 10-year time period (April 2009-April 2019), MSAs heavily impacted by the recession and housing market “bust” observed the largest increase in average FICO® Score over that time period. Nice year-round weather and a hot job market comes at a cost! MSA 1 (City) Level View.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Las Vegas, Nevada. Tags: Payroll, unbanked, Egypt (initial market), Barclays (holds funds), debit cards, Visa, payments. There were two jumbo rounds: $50 million to cryptocurrency startup Circle and $30 million to multiple Finovate Best of Show winner MX (formerly Money Desktop). HQ: London, UK.