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online gambling 21He’s the second analyst in as many days to start evaluatingHe’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. tachi palace casino bus schedule 2021SPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. (NASDAQ:LCA), while dMY Technology Group 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. online gambling license poker all winning handsfoxwoods online applicationFormer 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. (NYSE:DMYT) and Rush Street Gaming are coming together on a .8 billion deal.Last week, Skillz Inc. Former MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. home casino poker table(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. His non-compete agreement with his former employer expires next March. There have been close to 70 blank check IPOs this year, raising more than billion combined.That’s a densely populated field. live casino locations las atlantis casino no deposit bonus codes december 2020888 poker casino free playFormer MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. 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. (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. Evercore ISI analyst Kevin Rippey, seen here in a July interview with CNBC, is bullish on DraftKings stock. 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. “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. is bovada casino legal in texas harrington casino online poker |