black lotus casino loginSBTech founder and majority shareholder Shalom McKenzie is flexing some muscle as the largest holder of newly public DraftKings (NASDAQ:DKNG) common equity, taking a board seat at the daily fantasy sports (DFS) and sportsbook operator. Officials in Atlantic City are becoming increasingly alarmed.We have the potential of an Armageddon in Atlantic City,” City Council President George Tibbitt told Politico.Bob McDevitt, president of the casino workers’ union Unite Here Local 54, added, “This is akin to having a steel mill town and the steel mill shuts down.”Layoffs UnavoidableThe nine Atlantic City casinos employed 26,450 people as of March 1. That set the stage for DraftKings to become a publicly traded firm.On April 23, Diamond Eagle, DraftKings, and SBTech ratified a business combination agreement (BCA). harrah s cherokee casinoPhil Murphy (D) ordered the casinos to close in mid-March.Murphy’s “Road Back Plan” includes six principle steps, No. (Image: Nasdaq)McKenzie’s SBTech, a provider of sports wagering technology solutions, was part of the reverse merger through a “blank check” entity known as Diamond Eagle Acquisition. Levenson Institute of Gaming, Hospitality & Tourism. seminole casino application

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