SEC warns against investing in SPACs based solely on celebrity backing

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You notice them advertising at the racing track, in magazines and newspapers, on the TV and radio. t. Common people know and identify the bookmakers. Chains of sophisticated looking shops are located in each and every town and city in the co The modern secure banking system operated by Sky Bet will reassure any customer who has concerns over the security of online transactions. For extra peace of mind, the website displays full details of the secure banking system in But even though the brands are recognised, what about the terminology of gambling?

Potentially this is a hangover from the speed at which the wagering sector has matured, with lots of consumers still connecting bookies with their cash and odds s Today, the bookmakers are familiar names. Virtually all adults are aware of the brand of the betting store in their community high-street. In-play betting is exceedingly popular these days, and of course that service is provided by Sky Bet.

There’s even a live video feed that enables clients to see a number of sports online, without c Special purpose acquisition companies, or SPACs, are shell companies which raise funds to acquire a private entity with the aim of taking it public, allowing such companies to sidestep a traditional IPO to enter public markets. March 10 (Reuters) – The U.S. Securities and Exchange Commission (SEC) cautioned investors on Wednesday about buying shares of so-called special purpose acquisition companies only because they are backed by celebrities, including movie stars and athletes.

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However in spite of being a widely known name, Sky Bet are simply one of several possible choices within the online sports betting niche. Therefore it is hard to know an bookmaker to deci r. Shortly after 7 min’s on my laptop I could see a lot of promo codes and free bets were attainable, it turned out only a matter which one to settle on. Therefore I resolved to take a glance at a new account bonus offer from one of the web-based gambling corporation’s I had before now been awa “It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment,” the SEC said.

website The recent SPAC frenzy has attracted the attention of a number of mainstream celebrity figures such as rap star Jay-Z, tennis legend Serena Williams and National Basketball Association Hall of Famer Shaquille O’Neal who have either sponsored their own blank-check firms or joined the boards of other SPACs.

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