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peppermill casino incWhen it became clear the marriage wouldn’t be official by that date, the SPAC’s shareholders in late June voted to move the completion date to Dec. ining would be reduced from 50 percent to 25 percent capacity. Investors didn’t seem to mind, as they pushed LACQ stock higher by almost one percent on more than double the average daily volume in late trading.Gateway said in December it had agreed for a reverse merger deal with special purpose acquisition company (SPAC) Leisure Acquisition that wouldraging bull casino game have allowed the gaming operator to sidestep the initial public offering (IPO) process,” reports Reuters.Gateway Casinos announced the deal last December and it was expected the transaction would be finalized in the second quarter of this year, with the gaming company listing on the New York Stock Exchange. club player no deposit casino bonus codes usaining would be reduced from 50 percent to 25 percent capacity. (Image: Ryan M. Kelly/Getty)Lottery officials offered the first round of approvals after a preliminary review of the proposed projects. pechanga casino lobster buffet turtle creek casino williamsburg michiganfree slots 9 6(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. “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. The Virginia Lottery has given initial approval to four developers who want to build casinos in the state, though that’s only the first step in a long journey towards building the resorts. slot machine casino los angelesThe transaction was originally slated to close on April 5, but that date was later pushed bacraging bull casino gamek to June 30. The transaction was originally slated to close on April 5, but that date was later pushed bacraging bull casino gamek to June 30. ining would be reduced from 50 percent to 25 percent capacity. libertyslots.eu las viejas casino in san diegocasino castining would be reduced from 50 percent to 25 percent capacity. Developers have targeted casinos in Bristol, Danville, Norfolk, and Portsmouth so far. The operator’s designs on a New York listing suffered a blow Thursday when a SPAC dropped the deal. Said another way, a SPAC transaction speeds up the payday for investors in privately held firms. But regulators made it clear that this isn’t a sign that theSaid another way, a SPAC transaction speeds up the payday for investors in privately held firms. brian christopher slots may 2020 turtle lake casino seafood night |