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Stock Market & Financial Investment News

News Breaks
September 26, 2011
08:03 EDTFLLFull House Resorts receives NIGC aproval for management agreement
Full House has received approval from the National Indian Gaming Commission for its three-year management agreement with the Pueblo of Pojoaque for the operations of the Buffalo Thunder Casino and Resort in Santa Fe, New Mexico along with the Pueblo’s Cities of Gold and Sports Bar casino facilities. The Company has received the Pueblo’s Notice to Commence with an effective date of September 23, 2011. As previously announced, the Company will receive a base fee of $100,000 per month, plus a success fee based on achieving certain financial targets.
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July 21, 2014
06:00 EDTFLLFull House Resorts announces amendment of credit agreements
Full House Resorts announced that the company has amended its first lien and second lien credit facilities to modify certain covenants through the maturity date of each facility. Full House Resorts will pay one-time fees aggregating $231,000 to the lenders. In addition, the second lien facility will receive an upward adjustment of one percent on its interest rate through maturity. Over the next nine months, the Company plans to borrow on their previously approved $10M loan, available through the first lien agreement for the Silver Slipper hotel which is currently under construction and is expected to open late 2014 or early 2015.

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