Full House Resorts (NYSE Amex US: FLL) announced today that the FireKeepers Development Authority has decided to construct a 240-room resort-style hotel on the FireKeepers Casino site. The project is in its final design stage, is expected to break ground in spring of 2011 and is anticipated to open in late summer of 2012.
“Providing the best-in-class facility and service to our patrons has always been the Tribe’s and our first priority,” said Andre M. Hilliou, Chairman and Chief Executive Officer of Full House. “The addition of this resort-style hotel will further enhance the first-class experience that our customers have come to expect from us and improve our ability to market to a broader base of customers. We congratulate the Huron Tribe and its leadership on this important step forward in further developing the FireKeepers Casino and soon-to-be Hotel.” The hotel will be built on the 78 acres of tribal land currently held in trust by the federal government earmarked for continuing economic development by the Nottawaseppi Huron Band of the Potawatomi. The hotel will contain approximately 240 luxury rooms, including a mixture of double, Queen and King rooms, a number of suites, a pool and fitness area, full-service restaurant, gift shop and a larger dedicated bingo facility, as well as other amenities. In addition, the planned expansion will contain a 2,000-seat special events facility. About Full House Resorts, Inc. Full House owns, develops and manages gaming facilities. The Company has a management agreement with the Nottawaseppi Huron Band of the Potawatomi Indians for FireKeepers Casino in Battle Creek, Michigan with approximately 2,700 gaming devices, 78 table games and a 120-seat poker room. For further information, go to www.FireKeepersCasino.com. Full House also receives a guaranteed fee from the operation of Harrington Raceway and Casino at the Delaware State Fairgrounds in Harrington, Delaware. Harrington Raceway and Casino has a total of approximately 1,800 gaming devices, 40 table games, 10 poker tables, a 450-seat buffet, a fine dining restaurant, a 50-seat diner, a sports book and an entertainment lounge. For more information, go to www.harringtonraceway.com. In addition, Full House owns Stockman’s Casino in Fallon, Nevada which has 8,400 square feet of gaming space with approximately 260 gaming machines, four table games and a keno game. The casino has a bar, a fine dining restaurant and a coffee shop. For more information, please visit www.StockmansCasino.com. Full House has entered into a contract to acquire the assets of the Grand Victoria Casino and Resort in Rising Sun, Indiana, subject to financing, regulatory approval and other standard conditions. The Grand Victoria has 40,000 square feet of gaming space with almost 1,400 slot and video poker machines and 37 table games. The property includes a 201-room hotel with spa, pool, meeting space and a pavilion with five food and beverage outlets, including a fine dining restaurant, buffet, sports bar, quick service restaurant and coffee shop and a large, multi-purpose Grand Theater for concerts and performance events as well as meetings and conventions. The 300-acre grounds also contain an 18-hole Scottish links golf course with full-service clubhouse. The property is conveniently located within driving distance of Indianapolis and Cincinnati, Ohio and near Lexington and Louisville, Kentucky. For more information on the Grand Victoria, please visit www.grandvictoria.com. Further information about Full House Resorts can be viewed on its website at www.fullhouseresorts.com.TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.
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