raging bull casino code“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. (Image: Ryan M. 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. chukchansi gold resort casino zoominfo1.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. The transaction was originally slated to close on April 5, but that date was later pushed bacintertops casino coupon codesk to June 30. Noah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. bovada casino bonus code

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harrah s pa online casino no deposit bonusWhen 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. “COVID-19 cases peaked in Pennsylvania on April 9, with nearly 2,000 new cases. black bear casino clay walkerThe transaction was originally slated to close on April 5, but that date was later pushed bacintertops casino coupon codesk to June 30. When 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. 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. red stag casino promo code

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little river casino closedNoah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. Leisure Acquisition Corp. 29, 2019 in Charlottesville, Virginia. ining would be reduced from 50 percent to 25 percent capacity. 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. (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. encore casino jobs everett