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

PYMNTS

Wynn Resorts runs the Encore and Wynn properties on the Strip as well as properties in Macau and the Encore Boston Harbor. However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk. reaching a value of $102.9

Online 210
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Caesars Puts Stake In Online Betting Co DraftKings

PYMNTS

Caesars Entertainment announced that it has reached an agreement to offer DraftKings , the leading sports-tech entertainment brand in the country, providing market access for its online gaming products. In New Jersey and Mississippi, DraftKings Sportsbook mobile and retail allows players to bet for major U.S. and Australia. .

Online 108
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Wayfair Rolls Out MyWay Membership Program

PYMNTS

We are always looking for new ways to enhance the shopping experience and bring even more value to our customers,” Ed Macri, chief product and marketing officer for Wayfair, said in a press release. The Boston-based company generated $5.7 “At Wayfair, we believe creating a home you love should be easy, fun and affordable.

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

PYMNTS

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.

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The Mall Food Court’s Hall Transformation

PYMNTS

But, in 1974, he opened a successful food court in New Jersey at the Paramus Park Mall. At the Empire Stores complex in Brooklyn, the Time Out Market New York is set to open in 2019. The space, like that at Ballston Quarter, is set to have a local focus — with outposts of New York City restaurants like Clinton St.

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2017 Has Now Seen 4 Of New York’s Top 10 VC-Backed Tech Exits

CB Insights

After a slow beginning of the year, New York has joined the IPO party and saw three of its VC-backed startups reaching $900M+ valuation on the public market. These have all traditionally been important sectors in New York tech. Excludes exits from New Jersey and Connecticut. . & Boston, here.