the deal fell apart<\/a> in June 2020. At that time, no reason was given for the transaction’s collapse. It\u2019s not clear if Catalyst Capital would consider another reverse merger with a special purpose acquisition company (SPAC) as an avenue for monetizing its stake in Gateway Casinos.<\/p>\n<\/div>\n\u201cGateway currently employs approximately 7,200 people and features approximately 391 table games (including 31 poker tables), 14,288 slots, 81 food and beverage outlets, and 564 hotel rooms,\u201d according to the operator.<\/p>\n","protected":false},"excerpt":{"rendered":"
Canada\u2019s Gateway Casinos is reportedly considering a sale and is seeking $2 billion, including debt. Bloomberg broke the story earlier Monday. The news emerged about two months after the casino operator announced the passing of Chief Executive Officer Tony Santo. Citing unidentified sources close to the matter, Bloomberg reported that Gateway hired Macquarie Group and […]<\/p>\n","protected":false},"author":46,"featured_media":270311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81887,10,32093],"tags":[82597,81903,81966],"acf":[],"yoast_head":"\n
Gateway Casinos Owner Looking To Sell<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n