encore casino up for saleFormer 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. found 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. said it’s merging with special purpose vehicle Flying Eagle Acquisition Corp. hard rock casino venue(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 the second analyst in as many days to start evaluatingSPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. borgata atlantic city casino games

nugget casino reno phone number

call harrah s cherokee casino in north carolinaBut an agreement to that effect isn’t final.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. 4 kings slots casino no deposit bonus codesHe’s correct about that. 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. “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. gold coast casino dim sum

coushatta casino lazy river

bellagio casino slot machinesThe 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. (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. Bloomberg reports that the ex-MGM leader is working with Edward King and Daniel Fetters, formerly of Morgan Stanley, on potential deals in the entertainment, live events, and online gaming sycuan casino deluxe roomspaces.We’re going to be thoughtful and do our homework,” Murren said in an interview. 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. 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. His non-compete agreement with his former employer expires next March. boulder station hotel and casino reviews