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draftkings casino promo code 2020Former 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. There have been close to 70 blank check IPOs this year, raising more than billion combined.That’s a densely populated field. (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. 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. (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. That’s relevant because the combination of online gaming and blank check companies is scorching hodoubledown casino ft 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. thunder valley casino free gifts

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