The National Basketball Association draft lottery is Tuesday night, when one lucky team will win the No. 1 pick and the right to draft Victor Wembanyama — the most hyped prospect since LeBron James.
State of play: The Detroit Pistons, San Antonio Spurs and Houston Rockets have the best chance (14%) of landing the 19-year-old French prodigy who stands 7-foot-4, has an 8-foot wingspan, shoots like Kevin Durant and defends like Rudy Gobert.
Fanatics, the sports merchandise giant valued at over $30 billion, has reached a deal to acquire the U.S. assets of PointsBet, an online sportsbook operator based in Australia.
Why it matters: The deal brings Fanatics further into the world of online sports betting as it gears up for a potential IPO.
