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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.
News For FLL From The Last 14 Days
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October 22, 2014
16:27 EDTFLLFull House Resorts reiterates commitment to New York projects
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07:05 EDTFLLFull House Resorts board announces initiation of sale process
Full House Resorts announced that the company’s Board of Directors has authorized management to initiate a process for the sale of the company. After its evaluation of strategic alternatives, the Board of Directors has determined that pursuing a sale of the company is the best course of action to maximize stockholder value and is accordingly in the best interest of all stockholders. The company will continue to work with Macquarie Capital as its financial advisor and Latham & Watkins LLP as its legal advisor as it pursues the sale process. The company welcomes the dissident stockholder group to participate in the sale process. However, the company does not believe that granting the dissident stockholder group effective control of the company’s Board of Directors without the payment of a control premium will maximize stockholder value. In the meantime, the company encourages stockholders not to support the disruptive and expensive process to call a special meeting initiated by the dissident stockholders.
October 20, 2014
08:33 EDTFLLAllen Paulson Living Trust releases open letter to Full House Resorts board
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