Downstream Casino Restaurants ase 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. mohegan sun casino square footage z casino black hawk colorado Free Slot Machine Casino Meter Kjpa But Bally’s is still is a land-based casino operator, too. The company runs 15 gaming properties in 11 states when pending purchases close. jamul casino wednesday giveaway On that note, Jonas sees challenges delivered by the coronavirus pandemic turning to tailwinds as more Americans get vaccinated. Multi-Million Dollar BidsEarlier this week, Bally’s proposed a 0 million casino in Richmond, Va. the wynn las vegas promo code , 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. chumba casino ratings 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. online gambling statistics 2020 morongo casino in california slot machine casino games freeIf Bally’s is victorious, it could open the venue in 2024. Fresh 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. paragon casino in marksville phone number Former MGM CEO Jim Murren seen here. He’s leading another blank-check company hunting for gaming deals.

Key Insights and Expert Analysis

(Image: Las Vegas Review-Journal)A Feb. 23 S-1 filing with the Securities and Exchange Commission (SEC) reveals plans for Acies Acquisition II. Acies is the name of the first SPAC created by Murren and his partners. The sequel is planning an initial public offering (IPO) valued at 0 million (25 million units at apiece), according to the regulatory document. The units will trade on the Nasdaq under the ticker “ATWOU. ”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. Choctaw Casino Covid 19 Omii SPACs usually have two years to execute a deal or face forced liquidation. It is, however, clear where the new special purpose vehicle will focus its efforts to locate a partner. Borgata Casino Tier Levels Vlwu

“We are focused on identifying a business combination target within the live, location-based, and mobile experiential entertainment industries,” according to the S-1. “Specific sectors that we will target span live events, family entertainment, casino gaming, destination hospitality, sports, sports betting, and iGaming. wynn casino las vegas careers We will pursue both consumer-facinslot machine casino games freeg operators as well as the business-to-business platforms that support them. gold coast casino breakfast We are predominantly focused on the US, however, our search may expand to international markets. ”Zach Leonsis of Monumental Sports (owner of the Washington Wizards and Capitals), and Red Sox and Fenway Sports CEO Sam Kennedy join Murren on the Acies II board. They were on the board of the original Acies. 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. soaring eagle casino times Acies Looking for Successful SequelAcies Acquisition Corp. blackjack online live dealer

(NASDAQ:ACAC) was the first SPAC Murren was directly involved with following his departure from MGM and it’s proving to be a fruitful endeavor. wild horse pab hotel casino expedia Earlier this month, the blank-check company said it’s merging with social casino developer Playstudios, Inc. raging bull casino bonuses Error Code: 521 Ljks Netherlands in a transaction valuing the target at . the star gold coast casino opening hours 1 billion. Murren and his Acies partners didn’t have to look far choctaw casino 1.8 million