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Here is The Math Behind the High-Yield Account

South State Correspondent

There have been many a banker who has said they want to offer a high-yield account because the “higher interest expense is just like paying marketing costs.” However, the majority of customers require a referral, a marketing effort and a sales effort to bring them in the door. Not bad, but not great.

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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.

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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.

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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.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. PW: The founders have extensive tech and marketing experience from their previous businesses in the event and entertainment space. PYMNTS: What’s the story behind how greenRush started?

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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.

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