south lake tahoe casinos opening date“There can be no assurance that it will be possible to complete a business combination with Gateway prior to July 15, 2020.”Minor SetbackWhile theSaid another way, a SPAC transaction speeds up the payday for investors in privately held firms. 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. poker casino liveIf 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.1.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. Said another way, a SPAC transaction speeds up the payday for investors in privately held firms. golden nugget casino on fremont street

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santa ana casino christmas eventsSaid another way, a SPAC transaction speeds up the payday for investors in privately held firms. 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 would have allowed the gaming operator to sidestep the initial public offering (IPO) process,online gambling platforms” 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. Total GGR for June, inclusive of DFS and VGTs, was 2.5 million. island view casino players club“COVID-19 cases peaked in Pennsylvania on April 9, with nearly 2,000 new cases. hine revenue of 0.4 million and 7.8 million on table games for a combined haul of 8.2 million. Gatherings are to be limited to a maximum of 25 people indoors and 250 outdoors.During the past week, we have seen an unsettling climb in new COVID-19 cases,” Wolf said in explaining the decision. g casino online slots

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