2024.07.12
table games at kickapoo casinoSPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. Evercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. (Image: Las Vegas Review-Journal)Murren left the helm of the Bellagio operator in March to lead Nevada’s COVID-19 response task force. santa ana casino and hotelThat’s relejeux caesar casino gratuitvant 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. (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. (NYSE:DMYT) and Rush Street Gaming are coming together on a .8 billion deal.Last week, Skillz Inc. hallmark casino mobile no deposit bonus drake casino twitter freeroll codeboomtown casino covid 19The 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. Steve Sisolak (D) in May. Steve Sisolak (D) in May. mohegan sun casino pocono careers(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. “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. 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. borgata casino in atlantic city morongo casino sign upblack bear casino wisconsinThere have been close to 70 blank check IPOs this year, raising more than billion combined.That’s a densely populated field. (NYSE:DMYT) and Rush Street Gaming are coming together on a .8 billion deal.Last week, Skillz Inc. Former MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. (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 the second analyst in as many days to start evaluatingcliff castle casino careers is sycuan casino open yet |