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Bank of America Sees Huge Potential for Crypto in Metaverse
Bank of America’s strategist, Haim Israel, says that the metaverse is a massive opportunity for the use of cryptocurrencies. In an interview with the Insider, published on Tuesday, he said that he expects the metaverse will take cryptocurrency mainstream. Israel, the Bank of America’s managing director of research and a global strategist detailed: “I definitely […]
MGM Resorts Pondering New Casino on Las Vegas Strip’s Southern End
MGM Resorts is increasingly optimistic regarding the future of the Las Vegas Strip’s southern end. One of its top executives said this week that more developments in the area could be forthcoming. A 2020 aerial view of Excalibur shows the resort’s close proximity to other MGM Resorts casinos, including Luxor and Mandalay Bay. MGM’s top […]
FAST Acquisition Balks at Fertitta Merger Termination, Could Mean Court Battle
FAST Acquisition (NYSE:FST), the blank-check company that in February agreed to merge with Tilman Fertitta’s Fertitta Entertainment (FEI), isn’t playing ball with the Texas billionaire’s efforts to scrap that agreement. That potentially sets the stage for a legal fight. Tilman Fertitta’s namesake entertainment is looking to end a SPAC merger. The blank-check company strongly objects. […]