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News Breaks | | | | October 18, 2011 | | 08:05 EDT |  | FLL | Full House Resorts to take Q3 non-gash goodwill impairment charge of $4.5M
Full House Resorts announced it expects to take a third quarter 2011 non-cash goodwill impairment charge of approximately $4.5M, or $2.7M on an after-tax basis, related to its Stockman’s Casino. The charge is being recognized due to a decline of operating results at Stockman’s resulting from the weak economic conditions in Northern Nevada and slower than expected improvement from changes made in marketing programs. In addition, the Company expects to record a valuation charge against its remaining tribal receivables in the amount of $420,000, or $257,000 on an after-tax basis, as a result of slower than expected progress by the Nambe Pueblo in securing financing for their proposed casino facility amid a weak credit environment. | |
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| May 8, 2013 | | 16:46 EDT | | FLL | Full House Resorts reports Q1 EPS 3c , consensus 2c
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