live casino in baltimoreorg.Canadian casino giant Gateway Casinos & Entertainment Limited has announced that it’s merging with one of its largest shareholders in a deal valued at .48 percent year-to-date, making the stock one of this year’s best-performing small-cap gaming names.online casino real money no deposit canada 2020Gaming Activist InvestorHG Vora Capital Management, a hedge fund well-known in the gaming industry, is behind the Gateway Casino and Leisure Acquisition merger.Canadian casino giant Gateway Casinos & Entertainment Limited has announced that it’s merging with one of its largest shareholders in a deal valued at .5 million in Leisure Acquisition Group.choctaw casino kingston ok

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wild casino free no deposit bonusThat adds to HG Vora’s already more than 0 million position in Leisure.The investment gave the firm the right to approve any “business combination, which approval can be withheld for any reason,” according to SEC filings.With the ongoing support and sponsorship of Catalyst, Leisure and its principals, and HG Vora, Gateway is well-positioned to continue to achieve attractive returns for its shareholders,” a release stated.15 billion “transaction enterprise valuation for the combined company implies a transaction multiple of 7.Analysts applauded the move because the company is using million of that capital to reduce an outstanding term loan, and another 75 percent of the proceeds repay some senior notes.ects to pay for the transaction out of current and future cash flow.call valley forge casino