On one end is DraftKings Inc., which on Aug. 16 held a tour for media members to see the progress of its upcoming brick-and-mortar sportsbook on the grounds of TPC Scottsdale, the home of the WM Phoenix Open. The 12,000-square-foot facility, expected by company officials to be one of the busiest sportsbooks in the world, is a sign of the online betting platform's confidence in the market.
On the other end is Wynn Resorts, which is closing WynnBET in Arizona to become the third mobile sportsbook to cease operations in the state. DraftKings receives the second-highest amount of bets in Arizona – only behind FanDuel – and hopes to leverage that popularity with its flagship sportsbook next to the TPC Scottsdale Champions Course clubhouse along Hayden Road.
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This chart shows how exposed each of our 35 stocks is to China's struggling economyFour names in the portfolio deserve special attention: Starbucks, Estee Lauder, Apple and Wynn Resorts.
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