2024.07.12
casino near me baton rougeLeisure Acquisition Corp. (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. The preliminary approvals will give cities the ability to hold refintertops casino coupon codeserendums on the casino projects this November. roulette gratuite casino 770Noah Taylor of the Virginia Cavaliers returns an interception against the Virginia Tech Hokies in a game played Nov. 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. The operator’s designs on a New York listing suffered a blow Thursday when a SPAC dropped the deal. zar online casino no deposit bonus mountaineer casino and racetrack west virginiaharrah s cherokee slot machinesIn 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. “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: 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. online casino real money australia paysafe“COVID-19 cases peaked in Pennsylvania on April 9, with nearly 2,000 new cases. The preliminary approvals will give cities the ability to hold refintertops casino coupon codeserendums on the casino projects this November. Leisure Acquisition Corp. pechanga casino outlets free casino poker slotscan i bet on draftkings in virginiaBut regulators made it clear that this isn’t a sign that theThe 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. Developers have targeted casinos in Bristol, Danville, Norfolk, and Portsmouth so far. Said another way, a SPAC transaction speeds up the payday for investors in privately held firms. “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. 99 slots casino no deposit bonus hard rock casino atlantic city restaurants |