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coushatta casino applicationSteve Sisolak (D) in May. Rippey starts the stock with an “outperform” rating and a price (Image: Las Vegas Review-Journal)Murren left the helm of the Bellagio operator in March to lead Nevada’s COVID-19 response task force. bally s casino slot machineThe 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. DraftKings (NASDAQ:DKNG) stock is soaring for a second consecutive day Wednesday, after another analyst endorsed the name and on news of a doubledown casino fgaming machine deal with Accel Entertainment (NYSE:ACEL) in Illinois. 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. hard rock casino orlando florida

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casino monte carlo santa ana“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. Former MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. He’s the second analyst in as many days to start evaluating DraftKings. intertops clabic casino instant playTilman Fertitta’s Golden Nugget Online Gaming (GNOG) is slated to go public this quarter in a merger with his SPAC, Landcadia Holdings II 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. He’s correct about that. foxwoods resort casino facebook

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mgm casino vaccine mandateFormer 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. 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. That’s relevant because the combination of online gaming and blank check companies is scorching hodoubledown casino ft 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. 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. Rippey starts the stock with an “outperform” rating and a price free slot machines for ipad

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