By Svea Herbst-Bayliss Jan 31 (Reuters) – Melvin Capital, the hedge fund that lost nearly $7 billion early last year by betting stocks like GameStop would tumble, wants to raise money for a new portfolio, according to a regulatory filing made on Monday. The new fund will be called Melvin Capital Long Only LP and… Continue reading Melvin Capital's Plotkin eyes new cash after year of double-digit…
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PointsBet introducing live in-game parlay wagering
Looking to take in-game sports wagering to the next level, PointsBet announced Thursday that it will become the first sportsbook to offer live, in-game parlay wagering for both NFL and NBA games. The move for customers in PointsBet’s nine-state footprint comes just in time for Sunday’s NFL conference championship games and the Feb.13 Super Bowl.… Continue reading PointsBet introducing live in-game parlay wagering