2024.07.12
cliff castle casino logoThe broadcast company got a 15 percent equity stake in Bally’s — an asset that’s clearly appreciating. 23 S-1 filing with the Securities and Exchange Commission (SEC) reveals plans for Acies Acquisition II. But Bally’s is still is a land-based casino operator, too. pechanga casino spaThe analyst notes that under an extreme bull case scenario, the shares could reach 0, or more than double where the name trades today.The analyst adds that the coming full-scale launch of the Bally’s brand across media, digital, and physical platforms should close the valuation discount between the company and rival gaming companies with heavy online footprints.In the current environment, analysts and investors are smitten by gaming companies with iGaming and sports betting exposure. But Bally’s is still is a land-based casino operator, too. The new SPAC will also be advised by Charlotte Hornets managing partner Curtis Polk who also runs the personal finances of team owner and NBA legend Michael Jordan.Acies Looking for Successful SequelAcies Acquisition Corp. royal ace casino no deposit bonus codes june 2021 morongo casino blackjackonline casino 18 years oldThe company runs 15 gaming properties in 11 states when pending purchases close.On that note, Jonas sees challenges delivered by the coronavirus pandemic turning to tailwinds as more Americabellagio casino table gamesns get vaccinated.Multi-Million Dollar BidsEarlier this week, Bally’s proposed a 0 million casino in Richmond, Va., joining two other groups in seeking access to Virginia’s capital city.The company is the highest of the three bidders, and its proposal includes a 0 million upfront payment to the city.“We are positive on today’s announcement overall, with management entering the competition to try to win the last, and likely most profitable, Virginia casino license,” said Stifel analyst Steven Wieczynski in a note.That analyst says the 0 million pitch implies adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of million to 8 million at the Richmond venue, assuming Bally’s is selected.That translates to a share. (Image: Las Vegas Review-Journal)A Feb. If Bally’s is victorious, it could open the venue in 2024.casino blackjack 5 card ruleMurren and his Acies partners didn’t have to look far to get that deal done because MGM is one of Playstudios’ backers.With mobile gaming and sports wagering booming, small and mid-sized companies in those industries need capital and are looking to go public in an efficient manFresh off success with his first special purpose acquisition company (SPAC), former MGM Resorts International Chairman and CEO Jim Murren is lining up a second blank-check firm. The company runs 15 gaming properties in 11 states when pending purchases close.On that note, Jonas sees challenges delivered by the coronavirus pandemic turning to tailwinds as more Americabellagio casino table gamesns get vaccinated.Multi-Million Dollar BidsEarlier this week, Bally’s proposed a 0 million casino in Richmond, Va., joining two other groups in seeking access to Virginia’s capital city.The company is the highest of the three bidders, and its proposal includes a 0 million upfront payment to the city.“We are positive on today’s announcement overall, with management entering the competition to try to win the last, and likely most profitable, Virginia casino license,” said Stifel analyst Steven Wieczynski in a note.That analyst says the 0 million pitch implies adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of million to 8 million at the Richmond venue, assuming Bally’s is selected.That translates to a share. wynn casino las vegas tour bovada casino best oddsfree slots 9 6in a transaction valuing the target at .1 billion. That marks the most overt partnership between a sports wagering operator and a media company to date. If Bally’s is victorious, it could open the venue in 2024.Murren and his Acies partners didn’t have to look far to get that deal done because MGM is one of Playstudios’ backers.With mobile gaming and sports wagering booming, small and mid-sized companies in those industries need capital and are looking to go public in an efficient manin a transaction valuing the target at .1 billion. (Image: Las Vegas Review-Journal)A Feb. luckyland slots apk twin river casino valet parking |