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lake tahoe casinos open or closedFormer 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 the second analyst in as many days to start evaluatingfound 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. (NASDAQ:LCA), while dMY Technology Group Inc. 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 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. free slots 2x

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