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Sports betting is expected to grow into a better-than-$19 billion business annually by 2025, and each day fantasy sports and sportsbook chief DraftKings is predicted to be certainly one of the primary beneficiaries of that growth. Having gone public just final 12 months by way of a reverse merger with a special goal acquisition company, or SPAC, DraftKings is the second-biggest sports betting site in the nation with about a 25% share of the market. Las Vegas Sands may have to change its identity now that it has determined to sell all of its Las Vegas properties and focus completely on the Asian market. It agreed to promote The Venetian Resort, Palazzo resort, and the Sands Expo & Convention Middle for a total of $6.25 billion, with non-public fairness firm Apollo International Management shopping for the properties’ operating company and VICI Properties, the real property funding belief spun off by Caesars, acquiring the properties.