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roulette casino vegasin a transaction valuing the target at .1 billion. That marks the most overt partnership between a sports wagering operator and a media company to date. They were on the board of the original Acies. turtle creek casino covid 19The analyst notes that under an extreme bull case scenario, the shares could reach 0, or more than double where the name trades today.The analyst adds that the coming full-scale launch of the Bally’s brand across media, digital, and physical platforms should close the valuation discount between the company and rival gaming companies with heavy online footprints.In the current environment, analysts and investors are smitten by gaming companies with iGaming and sports betting exposure. The company runs 15 gaming properties in 11 states when pending purchases close.On that note, Jonas sees challenges delivered by the coronavirus pandemic turning to tailwinds as more Americaslot casino 111ns get vaccinated.Multi-Million Dollar BidsEarlier this week, Bally’s proposed a 0 million casino in Richmond, Va., joining two other groups in seeking access to Virginia’s capital city.The company is the highest of the three bidders, and its proposal includes a 0 million upfront payment to the city.“We are positive on today’s announcement overall, with management entering the competition to try to win the last, and likely most profitable, Virginia casino license,” said Stifel analyst Steven Wieczynski in a note.That analyst says the 0 million pitch implies adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of million to 8 million at the Richmond venue, assuming Bally’s is selected.That translates to a share. (NASDAQ:ACAC) was the first SPAC Murren was directly involved with following his departure fromslot casino 111 MGM and it’s proving to be a fruitful endeavor.Earlier this month, the blank-check company said it’s merging with social casino developer Playstudios, Inc. casino 3 card poker

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lake tahoe casino openFresh off success with his first special purpose acquisition company (SPAC), former MGM Resorts International Chairman and CEO Jim Murren is lining up a second blank-check firm. “Specific sectors that we will target span live events, family entertainment, casino gaming, destination hospitality, sports, sports betting, and iGaming. SPACs usually have two years to execute a deal or face forced liquidation. clearwater casino updateThey were on the board of the original Acies. (Image: Las Vegas Review-Journal)A Feb. He’s leading another blank-check company hunting for gaming deals. sam s town casino rooms

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casino extreme no depositMurren and his Acies partners didn’t have to look far to get that deal done because MGM is one of Playstudios’ backers.With mobile gaming and sports wagering booming, small and mid-sized companies in those industries need capital and are looking to go public in an efficient manThe units will trade on the Nasdaq under the ticker “ATWOU.”As is the case with all new blank-check filings, Acies II is careful to note that it hasn’t yet identified a merger partner and that such a deal may not materialize. The new SPAC will also be advised by Charlotte Hornets managing partner Curtis Polk who also runs the personal finances of team owner and NBA legend Michael Jordan.Acies Looking for Successful SequelAcies Acquisition Corp. We will pursue both consumer-facing operators as well as the business-to-business platforms that support them. The company runs 15 gaming properties in 11 states when pending purchases close.On that note, Jonas sees challenges delivered by the coronavirus pandemic turning to tailwinds as more Americaslot casino 111ns get vaccinated.Multi-Million Dollar BidsEarlier this week, Bally’s proposed a 0 million casino in Richmond, Va., joining two other groups in seeking access to Virginia’s capital city.The company is the highest of the three bidders, and its proposal includes a 0 million upfront payment to the city.“We are positive on today’s announcement overall, with management entering the competition to try to win the last, and likely most profitable, Virginia casino license,” said Stifel analyst Steven Wieczynski in a note.That analyst says the 0 million pitch implies adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of million to 8 million at the Richmond venue, assuming Bally’s is selected.That translates to a share. They were on the board of the original Acies. kansas star casino grill

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