Las Vegas-based Affinity Gaming is on the hunt for an acquisition.
The merger would take place through Gaming & Hospitality Acquisition Corp., a blank-check company with plans to raise between $150 million and $172.5 million through an initial public offering.
“Our … strategy will be to identify, acquire and build a company in the gaming and hospitality sectors that complements the experience of our management team,” according to a Friday filing with the U.S. Securities and Exchange Commission.
Gaming & Hospitality Acquisition, which registered for an IPO on Friday, plans to merge with its sponsor, Affinity Gaming Holdings LLC, and at least one other company.
Z Capital-owned Affinity Gaming is the parent company of Silver Sevens casino in Las Vegas and seven other properties across Nevada, Iowa and Missouri, according to its website.