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

PYMNTS

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. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The new deal with the other companies gives DraftKings a valuation of $3.3

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NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Approximately 20 brands of online casinos are vying on a reportedly small field. Geofencing makes sure that mobile apps stay within each state.

NJ 131
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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Home Chef is proud to continue our evolution toward becoming more than a meal kit delivery brand,” said Pat Vihtelic , Home Chef’s founder and CEO. The initial transaction price was $200 million, with future earnout payments of up to $500 million over five years, dependent on certain milestones.

Ohio 116
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Walmart, Udelv Pair On Self-Driving Delivery Vans

PYMNTS

8) at the 2019 Consumer Electronics Show (CES) in Las Vegas, Nevada. Udelv also debuted its brand-new delivery vehicle, called the Newton, which is based on Baidu’s Apollo open source platform. We’ve tested and proven our capability to successfully address the delivery market for Americans,” Laury said.

Las Vegas 116
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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

As Seth Schorr, chief executive of casino-management company Fifth Street Gaming and founder of the Nevada Esports Alliance , recently told The New York Times , “I expect that within the next five to 10 years in North America, eSports will be third after the NFL and the NBA in terms of total wagering.”. percent over the same period.

Online 168
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Zions Bancorporation goes live on TCS BaNCS Core Banking software

Bobsguide

The TCS BaNCS deployment provides Zions a parameterized, US market compliant, real-time solution, sets up Zions to go Digital, be nimble & efficient and shift to a customer centric approach. It’s a significant landmark not just for TCS and for Zions, but for the banking industry in North America.

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

PYMNTS

As a result of our continued strong performance, market share growth and the expectation of sustained trends in food-at-home consumption for the remainder of our fiscal year, we are raising our full-year 2020 guidance,” said Kroger’s Chief Financial Officer Gary Millerchip. billion since March.”. "As The Stockpiling Fever’s Second Wave .