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queenbet live casinoThe operator’s designs on a New York listing suffered a blow Thursday when a SPAC dropped the deal. (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. Leisure Acquisition went public in 2017 and with the 0 million in proceeds raised from that offering, the blank check firm set out to find targets in the gaming, recreation, travel, or lodging industries.Some of that 0 million was used to amass a significant position in Gateway, making the SPAC one of the largest investors in the Canadian gaming firm.Closed Exits, Thin IceOne of the primary advantages associated with blank check companies or special purpose vehicles (SPVs) is that these firms allow private companies to become public entities more rapidly than through the traditional initial public offering process.With that, early investors are able to realize an “exit” and the liquidity benefits that come along with publicly traded companies. (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. Bars can only be open fsoaring eagle casino cyber questor sit-down food service at tables, as bar service is prohibited. If we don’t act now, medical experts are projecting that this new surge in cases could soon eclipse the peak in April.”Pennsylvania has reported 99,479 coronavirus cases, and more than 7,000 deaths.seven feathers casino free rv parking