2025.11.03
peppermill casino stockFresh 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.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 manner.Acies Looking for Successful SequelAcies Acquisition Corp.blackjack 888 casinoThe number of SPACs looking for other gaming assets, be it iGaming, social casinos, and more, is exponentially higher.Fierce Competition for DealsDozens of blank-check companies mention sports-related businesses, betting, and otherwise, as potential targets.“According to Eilers & Krejcik, the emerging US real-money wagering industry is expected to become a billion industry—assuming legalization in all 50 states—from essentially zero three years ago,” Acies II said in its SEC filing.2020 foxwoods resort casino 301 island view casino logofree online poker omaha pot limitWe will pursue both consumer-facing operators as well as the business-to-business platforms that support them.” The four-stage plan, he says, is “cautious but irreversible,” and is a “one-way road to freedom.“We are focused on identifying a business combination target within the live, location-based, and mobile experiential entertainment industries,” according to the S-1.draftkings casino dk dollars(Image: Las Vegas Review-Journal)A Feb.If Bally’s is victorious, it could open the venue in 2024.He’s leading another blank-check company hunting for gaming deals.hard rock casino careers chinook winds casino lincoln citycaesar casino windsor hours”As is the case with all new blank-check filings, Acies II is careful to note that it hasn’t yet identified a merger partner and that such a deal may not materialize.“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.For investors, the encouraging sign is that a Murren-led SPAC already executed a deal and did so rather quickly, perhaps indicating Aciess II shareholders won’t be waiting long for a transaction to be announced.If Bally’s is victorious, it could open the venue in 2024.SPACs can provide these outlets.“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.free casino slots jackpot party chumba sweeps coins |