SC 13G 1 p213186sc13g.htm Unassociated Document
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
 
Leisure Acquisition Corp.
 
(Name of Issuer)
 
Common Stock, par value $0.0001 per share
 
(Title of Class of Securities)
 
52539T107
 
(CUSIP Number)
 
 
December 31, 2017
 
(Date of Event Which Requires Filing of this Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 
☒
Rule 13d-1(b)

 
☐
Rule 13d-1(c)

 
☐
Rule 13d-1(d)
 
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See §240.13d-7 for other parties to whom copies are to be sent.

*  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
Page 1 of 5
 
CUSIP NO.:  52539T107
  
  
(1) 
NAME OF REPORTING PERSON:  HG Vora Capital Management, LLC

(2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)        o
 
(b)        o
 
(3)
SEC USE ONLY
 
(4)
CITIZENSHIP OR PLACE OF ORGANIZATION:  Delaware
 

 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
 
(5)
SOLE VOTING POWER:  3,837,500
 
(6)
SHARED VOTING POWER:  0
 
(7)
SOLE DISPOSITIVE POWER:  3,837,500
 
(8)
SHARED DISPOSITIVE POWER:  0
 
(9)
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:  3,837,500
 
(10)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES        o
 
(11)
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):  6.7%
 
(12)
TYPE OF REPORTING PERSON:  OO (Delaware limited liability company)
 
Page 2 of 5
 
Item 1.
(a)
Name of Issuer
 
 
Leisure Acquisition Corp. (the “Issuer”)
 
(b)
Address of principal executive offices

250 West 57th Street, Suite 2223
New York, NY 10107
 
Item 2.
(a)
Name of Person Filing
 
This statement is filed by HG Vora Capital Management, LLC, a Delaware limited liability company (the “Investment Manager”); and
  
(b)
Address of principal executive offices
 
330 Madison Avenue, 20th Floor, New York, NY 10017
 
(c)
Citizenship
 
Delaware limited liability company
 
(d)
Title of Class of Securities
 
Common Stock (the “Common Stock”).
 
(e)
CUSIP Number
 
52539T107
 
Item 3.
Not applicable.
 
 
Item 4.
Ownership.
 
 
A.
HG Vora Capital Management, LLC

 
(a)
Amount beneficially owned:

As of December 31, 2017, may be deemed to have beneficially owned:  3,837,500 shares of Common Stock.

 
(b)
Percent of class:

6.7%
 
Page 3 of 5
 
(c)
Number of shares as to which the person has:

(i)
Sole power to vote or to direct the vote:  3,837,500

(ii)
Shared power to vote or to direct the vote:  0

(iii)
Sole power to dispose or to direct the disposition of:  3,837,500

(iv)
Shared power to dispose or to direct the disposition of:  0
 
Item 5. 
Ownership of Five Percent or Less of a Class.
 
If this statement is being filed to report the fact that as of the date hereof, the Reporting Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.


Item 6. 
Ownership of More than Five Percent on Behalf of Another Person.
 
Not applicable.


Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
 
Not applicable.


Item 8.
Identification and Classification of Members of the Group.
 
Not applicable.


Item 9.
Notice of Dissolution of Group.
 
Not applicable.
 
 
Item 10.
Certification.
  
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
Page 4 of 5
 
SIGNATURE
 
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
February 14, 2018
 
 
 
 
HG VORA CAPITAL MANAGEMENT, LLC
     
 
By:
/s/   Parag Vora
 
Name:
        Parag Vora
 
Title:
Managing Member
 
 
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