Nuvia’s buzz

Nuvia does not yet have a working product, but the corporate has captured the eye of many large gamers in the tech trade. In September, it raised $240 million from Peter Thiel’s Mithril Capital, Dell’s enterprise arm, Marvell’s founders and varied other firms. On the time Nuvia stated it anticipated to have a product in prospects’ arms in 2022. In total, Nuvia raised just shy of $300 million earlier than the acquisition, and it has over 200 workers.

These numbers could also be a drop in the bucket compared to the lengthy-time period earnings that California’s sports wagering business would possibly bring in once every thing is up and working. There’s no doubt that California legislators are keenly conscious of these potential earnings, slot 798 especially since the state government has infamously mismanaged its budget and is in dire need of recent earnings sources.

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Horse racing is one other interesting grey area. There are some race tracks available in the Lone Star State where you possibly can legally watch races and pay wagers, however they’re few and much between. There may be nowhere inside Texas state traces you’ll be able to place online bets on horse racing. As talked about earlier than, you’ll must wager with sportsbooks registered offshore.

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