Reuters

(Reuters) -Cold storage real estate investment trust Lineage said on Tuesday it was aiming for a valuation of up to $19.16 billion in its U.S. initial public offering, in what would be this year's biggest listing.

Cold storage REIT Lineage targets up to $19.2 billion valuation in blockbuster US IPO

Collinsville, IL

Accel Entertainment, a leading distributed gaming operator in the US, announced that it has entered into an agreement to acquire Fairmount Holdings, the owner of FanDuel Sportsbook & Horse Racing. The deal will see Accel Entertainment pay $35 million for the acquisition, payable to the sellers as 3.45 million shares...

Accel Entertainment to Acquire Fairmount Holdings in a $35M Deal

PYMNTS

The valuation of payments processing platform Stripe reportedly reached $70 billion. Sequoia Capital is offering to buy shares from investors that want to cash out, Bloomberg reported Monday (July 15), citing unnamed sources. The venture capital firm is offering $27.51 for Stripe shares and will purchase up to $861 million in shares.

Report: Stripe Valued at $70 Billion Amid Possible Sequoia Deal

Allianz SE agreed to buy a majority stake in Singapore’s Income Insurance Ltd. for about S$2.2 billion ($1.6 billion) to strengthen its presence in Asia. The German company plans to acquire at least 51% of Income Insurance for S$40.58 a share, it said in a statement from Munich Wednesday, confirming an earlier Bloomberg News report. NTUC Enterprise Co-operative Ltd. will retain a substantial stake in Income Insurance.

Allianz Makes $1.6 Billion Offer for 51% of Singapore’s Income Insurance

To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. Payments giant Stripe has delayed going public for so long that its major investor Sequoia Capital is getting creative to offer returns to its limited partners. The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe. The move is evidence that LPs are increasingly antsy for liquidity in this dry IPO market. But perhaps more telling is that Sequoia’s gesture reflects that the firm is confident not only of Stripe’s future, but also in its ability to eventually exit in a way that will reward investors handsomely. It also revealed that the company’s most recent 409A valuation was $70 billion.

Sequoia bets big on Stripe, LatAm fintechs clean up and one African startup’s outsized Series A

Las Vegas, NV

A lucky gambler in Las Vegas has struck gold, winning a jackpot of almost $2 million dollar. The guest was visiting Wynn Resorts’ Encore Las Vegas on the famed Las Vegas Strip and playing a slot by Aristocrat Gaming. According to an official release from Wynn Resorts, the guest...

Encore Las Vegas Gambler Scoops Up $2M Playing Buffalo Power Pay

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

A JPMorgan Chase customer is filing a lawsuit after the banking giant refused to reimburse thousands of dollars drained from her account by a bad actor. Real estate attorney Ebony Lucas says she recently discovered her highly active business account has been hit with $30,000 in fraudulent transactions, reports CBS News Chicago.

$30,000 Drained From JPMorgan Chase Account As Criminal Buys Car, Pays Girlfriend’s Bills, and Bank Refuses To Reimburse: Report

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

Redbox, the iconic movie rental company with over 34,000 locations nationwide, has announced the closure of its operations following its parent company's filing for Chapter 11 bankruptcy. This decision has left many of its loyal users saddened, marking the end of an era for physical media enthusiasts.

A rental company with 34,000 locations has closed its doors

Darrell Ratliff, the developer of the innovative Smart Chip Tray, continues his efforts to cement his product as a staple at casinos despite all the difficulties he continues facing. A former US Marine, Ratliff hopes to leverage his product to eliminate cheating at casinos while reducing costs for gambling properties.

Smart Chip Tray Creator Pushes Forward Despite the Setbacks

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Leading provider of innovative online gaming solutions, Betsoft Gaming, has announced the launch of its freshest slot game, Coins of Alkemor – Hold & WinTM. The 3×3 game released on July 11 is available on all partner platforms and completes the first trilogy of Alkemor’s lengthy arcane story that was initiated with Alkemor’s Tower on July 18, 2016, and was followed by Alkemor’s Elements on April 28, 2022.

Betsoft Completes Alkemor Trilogy with Coins of Alkemor – Hold&Win

Multinational retail giant Walmart revealed that it is preparing a lottery push, hoping to capitalize on the increased demand for lottery products. At its annual summit in April, the company told lottery vendors that it plans to offer lottery and iLottery products. The summit was attended by companies such as...

Walmart to Enter the Lottery Sector & Launch iLottery App

New Jersey State

Passaic County, NJ

Clifton, NJ

A very lucky player who purchased a Jersey Cash 5 lottery ticket for Wednesday’s drawing in Passaic County is now $644,454 richer. The Ticket Was Purchased in a Liquor Store in Clifton. The purchase was made at Henry’s Liquors located on Van Houten Avenue in Clifton, Passaic County.

Jersey Cash 5 Winner Buys $644K Ticket at Liquor Store

Heartland Advisors, an investment management company, released its “Heartland Value Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund was down 3.21% during the quarter compared to the Russell 2000 Value Index’s 3.64% loss. Stock selection was mixed during the period. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024.

What Makes Century Communities (CCS) a Lucrative Investment?

Michel Groothuizen, the Kansspelautoriteit’s new chairman, teased that he plans to ramp up the Dutch regulator’s efforts in the war on illegal gambling. Speaking at iGB Live in Amsterdam, he promised to shield the people of the Netherlands from the harmful influence of unlicensed operators. This was notably...

New KSA Chair Vows to Continue Fighting off the Black Market

IGaming and betting juggernaut BetMGM announced that one player on its Borgata Online casino platform has won two jackpots within nine months. The operator celebrated the gambler’s success, releasing more details about the dual win. BetMGM elaborated that the winner is from Drexel Hill, Pennsylvania. They won two “The...

Borgata Online Player Hits 2 Jackpots Totaling $1.4M in 9 Months

Brookings, SD

The Shy Green

There is some tough news in the coffee and cafe scene. Cottonwood Coffee, a beloved spot based in Brookings, South Dakota, has filed for Chapter 11 bankruptcy. This decision comes as they battle significant financial challenges, especially worsened by the lingering impact of the Covid-19 pandemic.

A coffee and cafe company has filed for Chapter 11 bankruptcy due to financial difficulties

NewsBreak

CIRSA Takes Lead in Peru After Acquiring 70% Stake in Apuesta Total

The Blackstone-owned group that aims to be a “global leader in the leisure and entertainment sector through a commitment to society, excellence, profitability, and efficiency,” CIRSA,...

CIRSA Takes Lead in Peru After Acquiring 70% Stake in Apuesta Total

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