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encore casino layoffsJo Frontier Casino in Missouri.Affinity SPAC ImpactIn January, Affinity merged with special purpose acquisition company (SPAC) Gaming & Hospitality Acquisition Corp. The most recent occurred in 1997. (NASDAQ:GHACU) with the intent of identifying casino and sports wagering assets to purchase.As a result of the Affinity/SIG transaction, the SPAC will merge into Affinity Interactive and combine with another, unidentified target, according to Bloomberg. Previous regulatory documents indicate the blank-check company could pursue distributed gaming assets or regional casinos.“Target businesses that we are focused on in this sector include, but are not limited to, regional gaming, distributed gaming, online gaming/sports betting, and the gaming technology and equipment,” according to the SPAC.Gaming & Hospitality Acquisition raised 5 million in gross proceeds in its February initial public offering (IPO) after upsizing the size of that deal to meet strdoubledown casino more free chipsong demand.Next StepsConfirmation of the Affinity/SIG could emerge as soon as this week. That included the Mountain Tower, which the company spent another million to complete. Only six existing hotels on the Strip are older. thunder valley casino in sacramento

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