Exhibit 99.1
For Immediate Release
FULL HOUSE RESORTS COMPLETES ACQUISITION OF GRAND VICTORIA
CASINO & RESORT IN RISING SUN, INDIANA
Las Vegas, Nevada — April 1, 2011 — Full House Resorts (NYSE Amex US: FLL) announced today
that it has completed the purchase of all of the operating assets of the Grand Victoria Casino &
Resort, located in Rising Sun, Indiana. As planned, the Company applied approximately $19 million
in cash and drew $33 million on its $38 million credit facility in completing the transaction.
“We are excited to complete the transaction and officially bring the Grand Victoria into the Full
House Resorts family,” said Andre M. Hilliou, Chairman and Chief Executive Officer of Full House.
“With our experience and knowledge in managing local and regional properties, we believe we can
further improve the Grand Victoria’s profitability and create additional long-term shareholder
value. We want to especially thank HGMI Gaming Inc., as well as all Grand Victoria team members,
for their assistance and professionalism during this transaction.”
The Grand Victoria Riverboat Casino has 40,000 square feet of gaming space with almost 1,300 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.
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 Potawatomi Indians for FireKeepers Casino in Battle Creek,
Michigan with approximately 2,700 gaming devices, 78 table games and a 120-seat poker room. The
FireKeepers Development Authority recently announced the development of a 242-room resort-style
hotel including a special events center, a full service restaurant and an expanded bingo facility.
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.
In April 2011, the Company completed the acquisition of the Grand Victoria Casino and Resort in
Rising Sun, Indiana. 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.
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, including the
ability to maintain a gaming license in Indiana, financing sources and terms, integration of
acquisitions, including the Grand Victoria acquisition, competition and business conditions in the
gaming industry, including the opening of the Gun Lake casino in Michigan, plans for other and new
competition in Michigan, competition from Ohio casinos and any possible authorization of gaming in
Kentucky. 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-K for the most
recently ended fiscal year.
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For further information, contact:
Mark Miller, Chief Operating and Chief Financial Officer
Full House Resorts, Inc. 702-221-7800
www.fullhouseresorts.com
Or
William R. Schmitt
Integrated Corporate Relations
203-682-8200
investors@fullhouseresorts.com