 Leisure Acquisition Corp , a special purpose acquisition vehicle, will merge with Gateway and become a new subsidiary of Gateways holding company GTWY Holdings Ltd, the companies said in a statement. The complex transaction will allow Gateway to go public while sidestepping the traditional initial public offering process. The casino operator had initially filed paperwork for a U.S. initial public offering in November 2018 but pulled its long-delayed IPO plans earlier Friday, according to a regulatory filing 