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mgm casino mdFanDuel had an existing database of customers who enjoyed trying to win money on sports contests, a valuable asset as more areas of the United States started to offer legalized wagering.“The facts are that this was a sound business transaction that achieved the highest valuation possible for shareholders and was the right strategic move for the company’s future.Not Enough Thrills to Skill GamesOlder generations are, well, getting older, and the millennial demographic is far less inclined to sit down at a slot machine than their parents and grandparents ever were.big dollar casino bonus codes september 2020Based on the 5 million acquisition price, and the use of a “waterfall” financial structure that ensured preferred shareholders – including investment firms KKR and Shamrock Capital – were paid out first, there was nothing left over for those who held ordinary shares, including the company founders.”However, FanDuel’s value was never recalculated before the deal was closed in July.live casino real money

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