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This 11% holding is purportedly now worth just over billion after the newly-combined entity ended its first day of trading on the NASDAQ bourse with its shares being individually valued at .Additional authority:The recent merger, which moreover involved special purpose acquisitions firm Diamond Eagle Acquisition Corporation, reportedly also gave 43-year-old Meckenzie one of 13 seats on the newly-enlarged entity’s board.Last month’s reverse merger of American online sports wagering innovator DraftKings Incorporated with iGaming technologies firm SBTech Malta Limited has reportedly transformed the founder of the latter firm into an instant billionaire....
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We look forward to building our partnership with Red rake in the coming years. It also positions the business even better to emerge from the current crisis from a position of strength.com reported that 43-year-old Meckenzie served as a director of SBTech Malta Limited until May of 2014 and helped to transform the company into one of the industry’s leading providers of online casino and sportsbetting platforms....
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