2024.07.12
hollywood casino washington pa(NASDQ:LACQ), a special purpose acquisition company (SPAC), is scuttling a .15 billion deal to merge with Gateway Casinos & Entertainment, a pact that would have taken the Canadian gaming firm public. Noah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. Noah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. draftkings casino vip random rewardsNoah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. The slots area at the Gateway Casino in London, Canada. In the case of Gateway Casinos, those investors include Catalyst Capital Group and HG Vora, a hedge fund with a lengthy track record of gaming industry stakes.Signs have been mounting the Leisure/Gateway deal was on thin ice. seminole fl casino free caesars slot coinsis boomtown casino buffet open(NASDAQ:LCA).Additionally, reports surfaced Wednesday that sports data provider Sportradar is eyeing a New York listing, potentially via an unidentified SPAC.Leisure Acquisition Corp. Noah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. angel of the winds casino hotel reservationsSaid another way, a SPAC transaction speeds up the payday for investors in privately held firms. (Image: Global News)New York-based Leisure Acquisition announced the end of the transaction in a regulatory filing but didn’t specify why it’s dropping the deal. (Image: Global News)New York-based Leisure Acquisition announced the end of the transaction in a regulatory filing but didn’t specify why it’s dropping the deal. viejas casino host seminole casino floridapechanga casino arena1.In a recent filing, Leisure Acquisition warned the merger could collapse.“Either the company or Gateway has the ability to terminate the merger agreement to the extent the business combination has not been completed by July 15, 2020,” according to the filing. (Image: Global News)New York-based Leisure Acquisition announced the end of the transaction in a regulatory filing but didn’t specify why it’s dropping the deal. Kelly/Getty)Lottery officials offered the first round of approvals after a preliminary review of the proposed projects. Kelly/Getty)Lottery officials offered the first round of approvals after a preliminary review of the proposed projects. The transaction was originally slated to close on April 5, but that date was later pushed bacintertops casino coupon codesk to June 30. “There can be no assurance that it will be possible to complete a business combination with Gateway prior to July 15, 2020.”Minor SetbackWhile the end of the Leisure Acquisition/Gateway courtship is a negative for the Canadian casino operator’s ambitions to list in New York, at least for now, it’s not a major blow to the burgeoning ties between blank check entities and the gaming industry.Just this year, DraftKings (NASDAQ:DKNG) became a public company via reverse merger with a SPAC, and Tilman Fertitta’s Golden Nugget Online Gaming (GNOG) recently revealed plans to go public via an SPV known as Landcadia Holdings II, Inc. doubledown casino bonus collector admiral casino eltham |