2024.07.12
hollywood casino horse racingFormer MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. “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. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. online casino in nj(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. “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. He’s correct about that. draftkings sportsbook casino pa casino extreme pc downloadlive casino table minimumsSteve Sisolak (D) in May. His non-compete agreement with his former employer expires next March. He’s correct about that. blackjack casino promotionsThe 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. 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. But an agreement to that effect isn’t final.is mgm casino open fanduel casino apptwin river casino update(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. 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. 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. (NASDAQ:LCA), while dMY Technology Group Inc. He’s the second analyst in as many days to start evaluating(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. liberty slots casino 20 free chip free slots by makers |