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Stock Market & Financial Investment News

News Breaks
July 8, 2014
08:02 EDTFLLFull House Resorts named as casino operator for Grand Hudson Casino and Resort
Full House Resorts has been named as the casino operator for the potential Grand Hudson Casino and Resort development at the Stewart Airport in Orange County, New York. The New Windsor Casino and Resort LLC filed its formal application with the New York State Gaming Commission to be considered for a gaming license to develop the Grand Hudson Casino and Resort. The Grand Hudson will be located on a 140-acre site at Stewart Airport and features 110,000 square feet of gaming space, a high-end hotel with 350 guest rooms, an aquatic center, seven restaurants and a convention center.
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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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