2024.07.08
free slot playsFormer MGM Resorts International (NYSE:MGM) CEO Jim Murren is reportedly considering launching a special purpose acquisition company (SPAC) with a pair of ex-investment bankers, leveraging his experience in the gaming industry. DraftKings (NASDAQ:DKNG) stock is soaring for a secopalace station casino resort las vegasnd consecutive day Wednesday, after another analyst endorsed the name and on news of a gaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. Steve Sisolak (D) in May. jackson rancheria casino calendarTilman Fertitta’s Golden Nugget Online Gaming (GNOG) is slated to go public this quarter in a merger with his SPAC, Landcadia Holdings II Inc. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. gta 5 casino blackjack cheat pechanga casino gamesseminole casino zig zagHe’s the second analyst in as many days to start evaluatingThere have been close to 70 blank check IPOs this year, raising more than billion combined.That’s a densely populated field. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. is the winstar world casino openFormer MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. His non-compete agreement with his former employer expires next March. Tilman Fertitta’s Golden Nugget Online Gaming (GNOG) is slated to go public this quarter in a merger with his SPAC, Landcadia Holdings II Inc. river spirit casino tulsa upcoming events intertops casino red instant playcasino extreme 100 no deposit bonusBloomberg reports that the ex-MGM leader is working with Edward King and Daniel Fetters, formerly of Morgan Stanley, on potential deals in the entertainment, live events, and online gaming palace station casino resort las vegasspaces.We’re going to be thoughtful and do our homework,” Murren said in an interview. (Image: CNBC)Sell-side commentary on the sportsbook operator is brisk to start this week, with Evercore ISI analyst Kevin Rippey initiating coverage of the name today. (NYSE:FEAC) in a transaction valuing the online gaming firm at .5 billion.Murren and his partners are looking to raise 0 million or more and already had conversations with underwriters, reports Bloomberg.Odds and EndsMurren, 58, acknowledges that the SPAC space is getting crowded this year. That’s relepalace station casino resort las vegasvant because the combination of online gaming and blank check companies is scorching hot this year.Not only did DraftKings (NASDAQ:DKNG) go public in April via a reverse merger with a blank check firm, at least three other internet gaming firms are doing the same. The outcome of that is the acquired firm usually goes public, rewarding both its early investors and the SPAC backers.News of Murren’s possible foray into the world of special purpose vehicles comes after hedge fund legend Bill Ackman raised billion in a SPAC IPO in July. (NASDAQ:LCA), while dMY Technology Group Inc. roulette wheel in casino admiral casino.com |