caesar casino new jersey“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. SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. Steve Sisolak (D) in May. the mgm casino in las vegasSPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. But an agreement to that effect isn’t final.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. boomtown casino poker room

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hard rock hotel casino punta cana 5 estrellas(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. “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. b h casino belgradeSteve 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. 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. downstream casino games

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river spirit casino resort zoominfoEvercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. But an agreement to that effect isn’t final.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. He’s the second analyst in as many days to start evaluating DraftKings. His non-compete agreement with his former employer expires next March. slot machines at jamul casino