LAS VEGAS, Sept. 8 /PRNewswire-FirstCall/ — Full House Resorts, Inc. (AMEX:FLL) (“Full House”) is issuing this release in response to the devastation that Hurricane Katrina brought to the New Orleans and Mississippi Gulf Coast region. While Full House has no business being conducted in the area, many of our friends and business acquaintances live and work in that area and our thoughts and prayers are with all of them and the thousands of others displaced by this tragedy. We applaud and congratulate the valiant efforts of all the first-responders and rescue workers who are devoting themselves to the citizens of the area.
Several years ago, Full House was involved in the development of the Hard Rock Casino in Biloxi, however that involvement ceased in 2003. As previously disclosed, Full House is only entitled to a consulting fee payable by Hard Rock Cafe International once the Biloxi casino opens. We have no other financial or management connection to the area, having sold the one parcel of land we owned in 2003.
Andre Hilliou, Chief Executive Officer of Full House, stated, “We have been shocked by the losses suffered in the New Orleans and Biloxi area. All of our prayers go out to everyone affected by this tragedy. While we have no business connection to the area, we can feel the suffering and hope for a speedy and safe recovery for all.”
About Full House Resorts, Inc.
Full House develops and manages gaming facilities. The Company has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a first-class casino/resort with more than 2,000 gaming devices in the Battle Creek, Michigan area, which is currently in the pre-development stage. Full House also manages Midway Slots and Simulcast at the Delaware State Fairgrounds in Harrington, Delaware, along with the owner of the adjacent racetrack. Midway Slots and Simulcast has a total of 1,581 gaming devices, a 350-seat buffet, a 50-seat diner, gourmet Steak House and an entertainment lounge. In addition, the Company has a Gaming Management Agreement with the Nambe Pueblo of New Mexico for the development of a coordinated entertainment venue centered on a 50,000 square foot casino and with the Northern Cheyenne Nation of Montana for the development and management of a 25,000 square foot gaming facility. The Company was recently selected by both the Manuelito Chapter of Navajo Indians to develop and manage a gaming facility near Gallup, New Mexico and the Shiprock Chapter of Navajo Indians to develop and manage a gaming facility at Shiprock, New Mexico, subject to the approval of the Navajo Nation.
No assurances can be given that any agreement, development, project or venture mentioned or contemplated by this release will occur. Certain statements in this release that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Act of 1995. These statements are subject to risks and uncertainties that may cause actual results or performance to be materially different from that expressed or implied in such statements.
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