2024.07.17
lake tahoe casinos fireFormer 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. His non-compete agreement with his former employer expires next March. 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. bicycle casino openfound in July that 65 percent of adults surveyed said they wouldn’t visit Las Vegas until 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: 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 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. jamul casino covid 19 similar to red stag casinomgm casino springfield hoursSteve Sisolak (D) in May. 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. 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. youtube brian christopher slots(NASDAQ:LCA), while dMY Technology Group Inc. (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. brian christopher slots on facebook nearest casino from this locationfree slot machines online with bonus rounds“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. But Murren’s comments to Bloomberg indicate he’s wagering his name and experience steering MGM can separate his new entity from the pack.The news agency also reports that Andrew Pascal, a former Wynn Resorts executive and Elaine Wynn’s nephew, could be involved with Murren’s SPAC. 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. Steve Sisolak (D) in May. DraftKings (NASDAQ:DKNG) stock is soaring for a secojeux caesar casino gratuitnd consecutive day Wednesday, after another analyst endorsed the name and on news of a gaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. free slots slotomania hard rock casino mibibippi |