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2024.07.17
hard rock casino rockfordFormer 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. Former 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. 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. island resort and casino to reopenDraftKings (NASDAQ:DKNG) stock is soaring for a second consecutive day Wednesday, after another analyst endorsed the name and on news of a doubledown casino fgaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. He’s correct about that. He’s credited with integral roles in building T-Mobile Arena in Las Vegas and bringing the first professional sports franchise, the NHL’s Golden Knights, to the city.Relating to possible SPAC ambitions, Murren oversaw the development of BetMGM, the operator’s internet casinos and sports betting platform that’s a joint venture with GVC Holdings. nearest casino to charleston sc holland casino blackjack kaarten tellenis jamul casino open right nowEvercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. Former MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. gold spike casino las vegas(Image: Las Vegas Review-Journal)Murren left the helm of the Bellagio operator in March to lead Nevada’s COVID-19 response task force. Steve Sisolak (D) in May. said it’s merging with special purpose vehicle Flying Eagle Acquisition Corp. gold coast casino executive suite resorts casino atlantic cityonline gambling on sports“In large trials, illnesses will happen by chance, but must be independently reviewed to check this carefully.”The news also arrived on the same day that real estate titan Sam Zell said he’s launching a blank check firm.Right PedigreeFollowing more than two decades at MGM, including more than 11 years as chairman and chief executive officer, it’s not surprising that Murren is evaluating opportunities involving gaming and live entertainment. (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:DMYT) and Rush Street Gaming are coming together on a .8 billion deal.Last week, Skillz Inc. “We certainly won’t get our international travelers back.”AstraZeneca paused its coronavirus vaccine trial this week after a volunteer became infected with an unexplained illness.“This is a routine action which has to happen whenever there is a potentially unexplained illness in one of the trials,” an AstraZeneca statement explained. The news also arrived on the same day that real estate titan Sam Zell said he’s launching a blank check firm.Right PedigreeFollowing more than two decades at MGM, including more than 11 years as chairman and chief executive officer, it’s not surprising that Murren is evaluating opportunities involving gaming and live entertainment. admiral casino italy turtle creek casino promotions |