Full House Resorts Congratulates Chair Laura Spurr on Being Named "Tribal Leader of the Year"
LAS VEGAS--(BUSINESS WIRE)-- Full House Resorts (NYSE Alternext US: FLL) extends its heartiest congratulations to the Chair of its gaming partner, Laura Spurr, on her selection as "Tribal Leader of the Year" by the Native American Finance Officers Association (NAFOA). Ms. Spurr is receiving the award today at the NAFOA Winter Conference for Indian County in Las Vegas, Nevada. The award honors two distinguished tribal leaders who have made a difference in their community through perseverance, creativity and outstanding public service.
Ms. Spurr has worked for nearly ten years to place the Nottawaseppi Huron Band of Potawatomi's land into federal trust in order to advance the Tribe and the local community. The initial reservation is the site of the FireKeepers Casino, a new development at Exit 104 of Interstate 94 in Battle Creek, Michigan, where construction has commenced with a planned opening this summer. The facility is expected to open with 2,500 slot machines, 90 table games, 20 poker tables, five restaurants - including a 70-seat fine dining signature restaurant - a 300-seat buffet and 150-seat 24-hour coffee shop, and will have an enclosed 2,078-space parking garage attached to the casino.
Full House Resorts, through its interest in a joint venture, is the manager for the casino and is supervising construction and development for the Tribe. Upon opening, Gaming Entertainment (Michigan) LLC will manage all of the day-to-day operations of the casino and develop marketing and business plans for the FireKeepers Development Authority, the agency of the Tribe which owns the casino.
"I cannot say enough of the efforts Laura has put into this project and her other work," said Full House Chief Executive Officer Andre Hilliou. "She has been the driving force to bring this project to fruition. All of us at Full House Resorts congratulate Laura on her receipt of this well-deserved award."
Ms. Spurr has served on the Tribal Council since June 1999, as Treasurer from 2001 to 2003 and as Chair from 2000 to 2001 and again from 2003 to present. She has worked tirelessly on economic development for the Tribe and is currently concentrating on ensuring employment for tribal members as the casino develops and opens.
NAFOA is a not-for-profit organization that was established in 1982 with the mission to improve the quality of financial and business management of Tribal governments, their entities and their businesses. NAFOA provides resources, training and educational opportunities in business and finance to Native people.
About Full House Resorts, Inc.
Full House owns, develops and manages gaming facilities. Full House owns the 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. 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 recently completed an expansion resulting in a total of approximately 2,100 gaming devices, a buffet, gourmet steakhouse, other food and beverage outlets and an entertainment lounge. Full House also has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a first-class casino/resort with 2,500 gaming devices, 90 table games and 20 poker tables in the Battle Creek, Michigan area, which is currently under construction. In addition, Full House has been working with the Northern Cheyenne Nation of Montana for the development and management of a 27,000 square foot gaming facility. Further information about Full House can be viewed on its web site at www.fullhouseresorts.com.
Forward-looking Statements
Some of the statements made in this release are forward-looking statements. These forward-looking statements are based upon Full House's current expectations and projections about future events and generally relate to Full House's plans, objectives and expectations for Full House's business. Although Full House's management believes that the plans and objectives expressed in these forward-looking statements are reasonable, the outcome of such plans, objectives and expectations involve risks and uncertainties including without limitation, regulatory approvals, financing sources and terms, integration of acquisitions, competition and business conditions in the gaming industry. Additional information concerning potential factors that could affect Full House's financial condition and results of operations is included in the reports Full House files with the Securities and Exchange Commission, including, but not limited to, its Form 10-KSB for the most recently ended fiscal year.
For the foregoing reasons, readers and investors are cautioned that there also can be no assurance that the outcomes expressed in Full House's forward-looking statements included in this release and otherwise will prove to be accurate. In light of the significant uncertainties inherent in such forward-looking statements, the inclusion of such information should not be regarded as a representation or warranty by Full House or any other person that Full House's objectives and plans will be achieved in any specified time frame, if at all. Full House does not undertake any obligation to update any forward-looking statements or to announce revisions to any forward-looking statements.
Source: Full House Resorts, Inc.
Released February 12, 2009