2024.07.19
wynn las vegas slotsThe 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. 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. admiral casino online academyThat’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. 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. free online slots bier haus slot plus casinodoubledown casino las vegasBut an agreement to that effect isn’t final.(Image: Las Vegas Review-Journal)Murren left the helm of the Bellagio operator in March to lead Nevada’s COVID-19 response task force. He’s the second analyst in as many days to start evaluatingborgata casino atlantic cityThe 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. 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. “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. online gambling sites real money fanduel casino sign infree online respin slots(Image: Las Vegas Review-Journal)Murren left the helm of the Bellagio operator in March to lead Nevada’s COVID-19 response task force. 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. 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. (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. He’s correct about that. 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 palace station casino resort las vegasspaces.We’re going to be thoughtful and do our homework,” Murren said in an interview. mgm online poker casino nj login black bear casino bingo |