2024.07.17
golden nugget casino ceoFormer 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. 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. 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. black bear casino near me(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. Former MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. (NASDAQ:LCA), while dMY Technology Group Inc. mister x casino no deposit bonus slots y casinos onlinethe m club online casinoThat’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. Steve Sisolak (D) in May. (NASDAQ:LCA), while dMY Technology Group Inc. golden nugget casino shreveport louisiana“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. DraftKings (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. “In large trials, illnesses will happen by chance, but must be independently reviewed to check this carefully.”seminole hard rock casino yelp free slots triple diamondspoker tables casinontil 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. (Image: Las Vegas Review-Journal)Murren left the helm of the Bellagio operator in March to lead Nevada’s COVID-19 response task force. 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. (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. DraftKings (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 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. how to gamble gta online liberty slots bonus codes |