We currently plan to merge with Affinity Gaming, a diversified casino gaming company headquartered in Las Vegas, Nevada and an indirect wholly owned subsidiary of our sponsor, concurrent with the completion of our initial business combination. We will not, however, complete an initial business combination with only Affinity Gaming.

We intend to focus on the gaming and hospitality sectors, which complements our management team’s sector and operating expertise. Target businesses that we are focused on in this sector include, but are not limited to, regional gaming, distributed gaming, online gaming / sports betting and gaming technology and equipment. In particular, we believe there is a robust addressable market in regional and distributed gaming. Regional gaming is a logical market, given the potential synergies with the Affinity Gaming platform. Distributed gaming is characterized by the operation of slot machines in non-casino locations such as restaurants, bars, grocery stores and convenience stores. 

(Note: Gaming & Hospitality Acquisition Corp. upsized its IPO at pricing on Feb. 2, 2021, to 17.5 million units, up from 15 million units, at $10 each to raise $175 million.)