Good morning, MBA readers,
Missouri gambling regulators selected Circa and DraftKings as the “candidates for priority investigation” in the process of awarding two “direct mobile” licenses for sports gambling in the state. The licenses will allow companies without a physical presence in Missouri to facilitate sports wagering here. Then, St. Louis is now estimating up to two years of debris removal and “hundreds of millions” in demolition costs in the wake of the May 16 tornado. Plus, retail sales increased 0.5% in July from the previous month, matching economist predictions. Keep reading for more of your Monday business news.
Stay alert…