2024.07.12
online gambling 7news(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. said it’s merging with special purpose vehicle Flying Eagle Acquisition Corp. found in July that 65 percent of adults surveyed said they wouldn’t visit Las Vegas until a COVID-19 vaccine is approved.“Until there’s a vaccine where people feel like they’re immune to the virus, I don’t think it [Nevada’s economy] will be back totally,” opined Nevada Gov. play free slots on my phone(NASDAQ:LCA), while dMY Technology Group Inc. 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. 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. cashman casino youtube mgm casino northfieldchumba casino best slotSPACs, 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. 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. thunder valley casino las vegasThat’s relenew cashman slotsvant 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. He’s correct about that. 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. wild casino mage hearthstone roulette casino oddsdoubledown casino ripoff(NASDAQ:LCA), while dMY Technology Group Inc. “I’ve got a lot of good contacts in the financial industry and there is a lot opportunity.”Should Murren and his partners eventually form a SPAC, he’d be the latest big name to enter an arena that’s become one of the hottest topics on Wall Street this year. There have been close to 70 blank check IPOs this year, raising more than billion combined.That’s a densely populated field. His non-compete agreement with his former employer expires next March. Bloomberg 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 new cashman slotsspaces.We’re going to be thoughtful and do our homework,” Murren said in an interview. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. casino luzern online poker mohegan sun casino uncut gems |