Contessa Brewer

New York

Reporter and Correspondent at CNBC

Juggler/Multi-tasker Television journalist/host/speaker. CNBC Correspondent. Oh, and Mother to Twin Boys and a dappled dachshund.

Articles

FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow

1 week ago | cnbc.com | Contessa Brewer |Jessica Golden

watch nowFanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next. Flutter-owned FanDuel is introducing the charge to mitigate the impact of new taxes that the state instituted with its new budget, which disproportionately affect the two leading sportsbooks. The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.
FanDuel adds surcharge to wagers made in Illinois following new tax code

1 week ago | cnbc.com | Contessa Brewer

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International travel spending in the U.S. plummets

3 weeks ago | cnbc.com | Contessa Brewer

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailInternational travel spending in the U.S. plummetsCNBC's Contessa Brewer joins 'Squawk on the Street' to discuss why international travel in the U.S. has declined while tourism oversees is booming.
Insurers brace for impact as NOAA predicts above-average hurricane season

4 weeks ago | cnbc.com | Contessa Brewer

John Cangialosi, Senior Hurricane Specialist at the National Hurricane Center, inspects a satellite image of Hurricane Beryl, the first hurricane of the 2024 season, at the National Hurricane Center on July 1, 2024 in Miami, Florida. Joe Raedle | Getty Images News | Getty ImagesGovernment scientists on Thursday released a forecast for the 2025 hurricane season, predicting a 60% chance it will be an above-average season.
Wynn Resorts drops bid for NYC casino license

1 month ago | cnbc.com | Contessa Brewer

File: ompany logos are displayed at Wynn Macau resort in Macau, ChinaWynn Resorts is dropping its bid to land a casino license in New York. The company said Monday it's become clear through the rezoning process that there are better uses for its capital. Wynn had partnered with Related Companies to develop an integrated casino resort in the posh Hudson Yards neighborhood of Manhattan, where high-end shops and restaurants already draw crowds.
Wynn Resorts drops bid for NYC casino license

1 month ago | flipboard.com | Contessa Brewer

2 hours agoSupreme Court allows Trump to strip legal protections from 350,000 Venezuelans who risk deportationWASHINGTON (AP) — The Supreme Court on Monday allowed the Trump administration to strip legal protections from 350,000 Venezuelans, potentially exposing them to deportation.
March Madness drags down first-quarter results

1 month ago | businessandamerica.com | Contessa Brewer

Flutter CEO Peter Jackson told CNBC customer-friendly results in the NCAA’s college basketball tournament weighed on overall first-quarter results for FanDuel’s parent company. The global sports and online gambling platform reported first-quarter adjusted earnings per share of $1.59, missing Wall Street consensus of $1.89 per share, according to LSEG. Revenue for the period also missed Wall Street expectations, at $3.67 billion versus LSEG estimates of $3.84 billion.
Soccer fandom to improve maternal health

1 month ago | businessandamerica.com | Contessa Brewer

Mother’s Day on Sunday marks the launch of an innovative program to improve maternal health by harnessing the power of soccer fandom. The World Health Organization says maternal mortality is unacceptably high. More than 700 women died every day in 2023 from preventable causes related to pregnancy and childbirth, according to a WHO fact sheet released last month. It’s a challenge that doctors, public health authorities and community workers have been trying to tackle.
FC Mother is using soccer to improve maternal health around the world

1 month ago | cnbc.com | Contessa Brewer

FC Mother is using soccer to improve maternal health around the worldCNBC's Contessa Brewer talks to FC Mother founder Morad Fareed about how he's using soccer to provide support for mothers around the world.
FC Mother wants to leverage global soccer fandom to improve maternal health

1 month ago | cnbc.com | Contessa Brewer

Mother's Day on Sunday marks the launch of an innovative program to improve maternal health by harnessing the power of soccer fandom. The World Health Organization says maternal mortality is unacceptably high. More than 700 women died every day in 2023 from preventable causes related to pregnancy and childbirth, according to a WHO fact sheet released last month. It's a challenge that doctors, public health authorities and community workers have been trying to tackle.