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Caesars, DraftKings partnering on sports betting deal

Caesars Entertainment Corp is buying a stake in DraftKings as the fantasy sports operator looks set to grab significant wagering market share across America.

New Jersey sportsbooks lose $4.6M on $34.9M in Super Bowl bets

New Jersey gambling regulators say its sportsbooks lost $4.6 million on $34.9 million in Super Bowl wagers, the first major sporting event for bettors since sports gambling was legalized in the state last year.