#Full House Resorts

Will schools see revenue flow to them from Waukegan casino?

Waukegan's temporary American Place casino is scheduled to open this fall. Waukeson's Unit School District 60 students begin the 2022-23 school year on August 11. The temporary casino will have 1,000 slot machines and 50 table games. It will be staffed by at least 260 dealers. Mayor Ann Taylor wants to know what the winning casino bidder plans to do for the schools within the city limits. The permanent casino's construction will take 3-5 years. Warren Township High School district 121 and Woodland Grade SchoolDistrict 50 will eventually receive property tax revenue from the casinos.
Finance

Hard Rock Eyeing Potential Casino In Southeastern Wisconsin

Hard Rock International and the Menominee Indian Tribe of Wisconsin are teaming up to bring a casino to southeastern Wisconsin. The village of Bristol voted to sell a 60-acre parcel of land in the city of Kenosha to an affiliate of Hard Rock for $15.2 million. Full House Resorts is currently constructing a temporary casino in Waukegan, Illinois. The Temporary by American Place is expected to open this fall.
Sports
Hard Rock Eyeing Potential Casino In Southeastern Wisconsin
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Anticipated opening dates at Full House Resorts’ ongoing developments have slipped by a matter of weeks, as operating results through the year’s second quarter lagged versus prior-year results.

Supply chain issues snarling slot machines’ path to casinos

Supply chain issues are snarling slot machines' path to casinos. Nevada's gaming equipment suppliers expect to have delivered more than 13,700 new slot machine to roughly 30 North American gaming projects by 2022. The industry is centered in Asia and supply chain problems have been a challenge. JCM Global, a provider of more of the bill validators used by the slotmachine industry, has seen chip shortages impact its business. The company is still shipping products daily. It is focused on meeting its gaming and casino customers' record demand.
Covid
Supply chain issues snarling slot machines’ path to casinos
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Harrington Casino upgrades management tech

Harrington Raceway & Casino has signed a multi-year deal with International Game Technology to upgrade the technology on the casino's floor. The casino will deploy the latest version of IGT’s casino management system. It will introduce I GT”s tournament technology, TournXtreme, to offer video slot tournaments. It also will use its Mobile Host and Mobile Responder apps to cut response times to floor incidents. In April, the racino earned $8.7 million from $106 million in games played.
Lottery
Harrington Casino upgrades management tech

Column: Dogs on the run no match for growing casino industry

Waukegan and Kenosha will not build a gaming casino. The Menominee tribe tried to open a casino at the Kenoza County greyhound track in 2015, but it was rejected by the governor. Full House Resorts won the contest for the Waukeshian site. It plans a $500 million gaming palace on 32 acres in the Fountain Square entertainment corridor. The industry's first quarter of the year brought in more than $5.3 billion from gamblers. There will be only two greyhounds racing tracks left in America by end of year.
Industry
Column: Dogs on the run no match for growing casino industry
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Suburban Chicago Casinos Nearing Construction

Full House Resorts finalized an agreement with Waukegan to open a temporary casino. The temporary facility will be open by September. It will stay open while the permanent facility is under construction. After the temporary agreement, Full House has an option to purchase the land for $30 million. Bally’s in River West is on track to be operated by Fullhouse. Governor JB Pritzker signed a 2019 bill into law that created paths to new casinos across the state. A $1.7 billion proposal for a Baly”s casino in Chicago was approved by the City Council last week.
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Suburban Chicago Casinos Nearing Construction

Column: Chicago rushes to approve casino deal while south suburbs hit jackpot with trusted partner

Chicago is in a hurry to approve a $1.7 billion casino deal. Chicago CFO testified that the city loses $1000 million per day in revenue without a functioning casino. Joliet has had a double casino payday for nearly three decades. In northwest Indiana, officials in Gary and Lake County have reacted to recent developments in Chicago. The first casino in Illinois opened May 4, 1993. It was called the Empress. Now it's owned by Hollywood Casino. They also own the naming rights to Tinley Park’s outdoor amphitheater. In Gary, the officials reacted by delaying the casino approval.
Winnings
Column: Chicago rushes to approve casino deal while south suburbs hit jackpot with trusted partner
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Fertitta to expand Golden Nugget brand into Colorado's Cripple Creek via Wildwood Casino acquisition

Fertitta Entertainment will buy Wildwood Casino and Hotel in Cripple Creek, Colorado for $43 million. The deal is expected to be finalized by the third quarter of 2022. It will introduce the Golden Nugget brand to the state. Wild Wood was owned by American Gaming Group since 2008. American gaming CEO Joe Canfora said that an investment banker approached the company last summer about selling the casino to Fertittas. The company's previous plans to expand to Black Hawk fell through. He said the timing worked out.
Industry
Fertitta to expand Golden Nugget brand into Colorado's Cripple Creek via Wildwood Casino acquisition

Illinois Casino And VGT Revenue Bounces Back In February

Illinois casino and VGT revenue increased in February. The state received $11.5 million in casino revenue and $58.6 million from VTGT. Sports wagering revenue for February is not available. The COVID-19 pandemic in early 2021 had a negative impact on the state's gaming revenues.
Finance
Illinois Casino And VGT Revenue Bounces Back In February
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Full House gets Waukegan's first official approval for temporary American Place casino in illinois

The Waukegan Planning & Zoning Commission has approved the site plan for a temporary casino in Lake County, Illinois. The commission unanimously recommended the council approve the plan. Aldermen are to vote on the recommendation on March 21. Full House Resorts is targeting July for the opening of the temporary American Place casino. It bought a tent structure from Sprung Structures. The temporary 75,000-square-foot tent-like structure is set to open by July. Last month, Fullhouse announced it entered into an agreement to purchase 10 acres of land adjoining the nearly 30-acre casino site to be leased from the city.
Travel
Full House gets Waukegan's first official approval for temporary American Place casino in illinois

Full House and Casino Queen Tab Execs For Illinois Casinos

Full House Resorts and DraftKings at Casino Queen have announced management-level hirings for their respective Illinois-based operations. Full House has taken first steps towards constructing a temporary casino in Waukegan. Draft Kings at casino Queen has hired Marc VanderWeele as its new general manager.
Travel
Full House and Casino Queen Tab Execs For Illinois Casinos

Full House names new COO, confirms summer opening of temporary casino for Illinois project

Full House Resorts promotes John Ferrucci to the newly-created position of Senior Vice President and Chief Operating Officer. Ferricci will be tasked with overseeing the company's efforts to open a temporary venue at American Place in Waukegan, Illinois this summer. He will continue to serve as General Manager of Full House Resort’s Silver Slipper Casino Hotel in Hancock County, Mississippi.
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Full House names new COO, confirms summer opening of temporary casino for Illinois project
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Budget boosted for Cripple Creek hotel and casino project

Full House Resorts has increased the budget for its Chamonix Casino Hotel in Cripple Creek to $250 million. The project is scheduled to open in the second quarter of 2023. It will be connected to Bronco Billy's Casino and will nearly double the gaming floor.
Land-based
Budget boosted for Cripple Creek hotel and casino project

Lawsuit dropped over awarding of Terre Haute casino license

A lawsuit challenging the selection of a company to build a new Terre Haute casino has been dropped. A casino company objected to the Indiana Gaming Commission's decision to award the license to Louisville, Kentucky-based Churchill Downs Inc. The Terra Hautes project stalled in the past year amid an investigation into allegations of criminal and financial misconduct against top executives.
Law
Lawsuit dropped over awarding of Terre Haute casino license

Casino proposals in Waukegan, south suburbs win initial state approval

Wind Creek Hospitality has plans for a 64,000-square-foot casino in Homewood and East Hazel Crest. Hard Rock Casino Rockford opened last month. Walker’s Bluff Casino Resort in southern Illinois” received initial approval from state regulators this summer. Chicago will choose a casino operator early next year. The six new casinos are designed to generate revenue for the state to pay for construction projects at public schools, state universities and community colleges. The state s $45 billion “Rebuild Illinois" capital plan is aimed at rebuilding the economy.
Gaming Authorities
Casino proposals in Waukegan, south suburbs win initial state approval

Vegas-based Full House Resorts approved for casino resort near Chicago

Full House Resorts won preliminary approval from the Illinois Gaming Control Board to build a casino and hotel complex 40 miles north of downtown Chicago. The company will open a temporary casino in Waukegan by the middle of 2022. It will be followed by a permanent casino, hotel and entertainment complex finished by 2024. Full House also owns Stockman’s Casino in Fallon, Nevada and operates the gaming space at the Hyatt Resort in North Lake Tahoe. Full house raised more than $300 million in new debt earlier this year to help pay for the Colorado project, an expansion at its casino. in Mississippi and the Wausau development.
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Vegas-based Full House Resorts approved for casino resort near Chicago

Column: Heavy lifting now begins with Waukegan casino licensee named

Full House Resorts won the Waukegan gaming sweepstakes. The company has casinos in Indiana, Colorado, Mississippi Gulf Coast and Nevada. It is not clear why the board selected it over the North Point Casino group. There is a federal lawsuit filed by The Forest County Potawatomi Community. The tribe claims the process was "rigged" by previous city officials to favor the bid backed by Bond. A Cook County judge rejected the tribe's request for a temporary restraining order. He also ruled that the journey is just beginning before ground is broken for the casino.
Covid
Column: Heavy lifting now begins with Waukegan casino licensee named

Full House Resorts Gets Approval for New Illinois Casino

Full House Resorts has been selected to develop and operate a new casino in Waukegan, Illinois. The company's share price jumped 18%. The permanent casino is set to open in 2024 and will cost $375m. North Point Casino was the other company in the running to get the license.
Travel
Full House Resorts Gets Approval for New Illinois Casino

IGB Tabs Finalists For Waukegan, Cook County Casino Licenses

Full House Resorts and Wind Creek are the final two applicants for the casino licenses available in Waukegan and suburban Cook County. The process to get to this point for these two licenses has moved at a slower pace than the other four created by the 2019 gaming expansion bill. The COVID-19 pandemic was one factor. Local laws involving the bidding process that required the IGB to procure a financial analyst to review the finalists also contributed to the more lengthy process. Wurkega's mayor Ann Taylor believes the Illinois Gaming Board made the correct decision.
Covid
IGB Tabs Finalists For Waukegan, Cook County Casino Licenses

Las Vegas company is state gaming board's pick to run Waukegan casino

Full House Resorts is chosen by the Illinois Gaming Board to run the American Place casino in Waukegan. The decision dashes the hopes of North Point Casino, which is led by former state lawmaker Michael Bond. The planned casino will be built on the site of the shuttered Fountain Square shopping center.
Travel
Las Vegas company is state gaming board's pick to run Waukegan casino

Column: Casino license delay another turkey for Waukegan

The Forest County Potawatomi Community is suing Waukegan over the delay of a casino. The tribe claims the process was rigged to favor the group led by former state Sen. Michael Bond. Wurkegans rejected the first casino bid in 2004 because of the developer's association with a politician. The current suit points the finger at former Mayor Sam Cunningham and his City Council allies. He lost his reelection bid earlier this year. It's alleged that the council members influenced the selection of North Point Casino. They were chosen over Full House Resorts and Rivers Casino Wawkega.
Politics
Column: Casino license delay another turkey for Waukegan

Vigo casino decision coming today

The Indiana Gaming Commission is hearing the proposals from four applicants to open a casino in Vigo County today. The applicants are Hard Rock, Churchill Downs, Full House and Premier Gaming. They have 30 minutes each to present their vision for a Vigo County casino. If the applicants receive four or more votes, they advance to the final round. Then the finalists will make closing statements and commissioners will select the winning applicant by motion and vote.
Gaming Authorities
Vigo casino decision coming today

More states considering casino gambling expansion

American Gaming Association reports a quarterly record for July, August and September. AGA reports $38.67 billion in revenue through the first nine months of the year. The industry is on pace to smash its annual record of $43.65 billion set in 2019. States that offer some form of gaming generate tax revenue to help solve a multitude of problems. Nevada casinos collected $3.683 billion for the third quarter of 2020. The total won in Nevada in the quarter was 26.5 percent of nationwide third-quarter amount.
Gaming Authorities
More states considering casino gambling expansion

Four bidders for Indiana casino license in Vigo County

Four bidders remain in the running for the open casino license for Vigo County. Bids received from Churchill Downs Incorporated, Full House Resorts, Hard Rock Casino and Premier Gaming Group and Terre Haute Entertainment Holdings. CDI revealed its proposal for Queen of Terra Hautes on Thursday.
Gaming Authorities
Four bidders for Indiana casino license in Vigo County

Casino Hopefuls to Present Proposals

The Indiana Gaming Commission will allow the four applicants for the open gaming license in Vigo County to present their proposals next month. The commission is expected to select the winning proposal after the presentations. Hard Rock International has detailed plans for Rocksino Terre Haute, totaling $191 million. Churchill Downs is proposing to build The Queen of Terra Hautes resort at a cost of $240 million, which is also expected. Lucy Luck Gaming is appealing the decision. The IGC will not issue the license right away.
Gaming Authorities
Casino Hopefuls to Present Proposals

Illinois Gaming Board selects two finalists for Chicago Southland casino

Illinois Gaming Board selects two finalists for Chicago Southland casino. One of the bids would see the creation of a venue near the border of Homewood and East Hazel Crest. The second one would locate it in Matteson, pitched by Hinsdale businessman Rob Miller and the Choctaw Nation of Oklahoma. Regulators rejected applications from Calumet and Lynwood. Final selection for a winning bid will happen next year. It took nearly two years for the application to be submitted. Sports legend Bo Jackson and entrepreneur Dan Fischer backed the Calumbet City bid.
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Full House Resorts makes its Vigo casino pitch

Full House Resorts has signed an agreement with an Indianapolis-based general contractor for its proposed $250 million casino and hotel property in Vigo County. The casino would be called American Place and would include a hotel and a glass "greenhouse" restaurant. It is projected to create 1,800 construction jobs and 800 permanent jobs. Full House has an arrangement to locate a temporary casino in the Haute City Center mall pending the approval of the casino license. It's expected to take 18 to 24 months. Avery Morgan is collecting signatures for a petition asking the state agency to give favor to a casino operator that provides manned poker tables.
Travel

North Point And Full House Make Pitches For Waukegan Casino License

North Point Casino and Full House Resorts presented their bids for the Waukegan casino license to the Illinois Gaming Board on Wednesday. Rush Street Gaming and Churchill Downs Inc. withdrew their bid for Wurkegen on September 29. The Chicago Bears bought Arlington Park from CDI for $197.2 million. CDi and Rush St. operate Rivers Casino in Des Plaines, 30 miles from Wulkega. Potawatomi Casino is located 55 miles north of Wulakegans.
Travel
North Point And Full House Make Pitches For Waukegan Casino License

Column: Potawatomi lawsuit casts shadow over Waukegan casino choice

The Illinois Gaming Board is considering two casino proposals for the Waukegan gaming mecca. The process has been complicated by a number of factors, including the recent coronavirus emergency. A federal lawsuit filed by the Forest County Potawatomi Community is also complicated. The tribe operates a successful casino in Milwaukee. It claims Wausaugean officials used incorrect information compiled by its casino consultant to reject its bid. Wusauges lawyers say the suit is invalid. Governor J.B. Pritzker pushed for a gambling expansion in Illinois.
Law
Column: Potawatomi lawsuit casts shadow over Waukegan casino choice

Casino Operator to Present Terre Haute Plans to Public

Full House Resorts Inc. will present its American Place casino proposal to the public on October 21 from 7-9 p.m. at the Idle Creek Banquet Center in Terre Haute. The presentation will allow residents to ask questions about the $250 million proposal. Four casino operators are vying for the open gaming license in Vigo County.
Gaming Authorities
Casino Operator to Present Terre Haute Plans to Public

Indiana to announce Vigo casino license winner Nov. 17

Indiana Gaming Commission will announce Vigo County casino license winner Nov. 17. Four companies are vying for the license. Lucy Luck Gaming LLC was denied an annual license renewal in June. Hard Rock bought a majority ownership of Spectacle Entertainment and the Hard Rancher Casino Northern Indiana. Greg Gibson is chairman of LucyLuck. The Tribune-Star has made a records request for all orders issued in hearings before the administrative law judge. The parties expect a hearing in December. It's not clear if Gibson has a share of the Terre Haute casino project.
Gaming Authorities
Indiana to announce Vigo casino license winner Nov. 17

IGC to Unveil Vigo County Casino License Winner in Mid-November

The Indiana Gaming Commission will announce the preferred developer of a casino in Terre Haute, Vigo County on November 17. The previous holder of the license, Lucy Luck Gaming, was denied renewal. Four companies submitted proposals for the vacant Vigo County casino license. The winner will be announced mid-November. It will include Churchill Downs, Hard Rock International, Full House Resorts and Terra Hautes Entertainment.
Gaming Authorities
IGC to Unveil Vigo County Casino License Winner in Mid-November

Terre Haute Casino License Decision Expected in November

The Indiana Gaming Commission will name the winner of the license on November 17. Four applicants have submitted proposals for a new casino in Terre Haute. The previous owner, Lucy Luck Gaming, has appealed the IGC's denial of a license renewal.   The applicants are Churchill Downs Inc., Full House Resorts Inc. (NASDAQ: FLL), Hard Rock International, and Premier Gaming Group. All the proposals include multiple dining and entertainment options. Only the Hard Rancher's proposal does not include a hotel.
Gaming Authorities
Terre Haute Casino License Decision Expected in November

State to announce Vigo casino license winner Nov. 17

The Indiana Gaming Commission will decide on November 17 which company will get the Vigo County casino license. The commission has received four applications. Lucy Luck Gaming LLC was denied an annual license renewal in June. Hard Rock bought a majority ownership of Spectacle Entertainment and the Hard Rancher Northern Indiana and is now making its own run at the license in Vigo County. The Tribune-Star has made a records request for all orders issued in hearings before the administrative law judge.
Gaming Authorities
State to announce Vigo casino license winner Nov. 17

Details on casino proposals emerge

The four companies vying for the Vigo County casino license have submitted their applications to the Indiana Gaming Commission. Hard Rock and Full House Resorts Inc. operate casinos in Indiana.
Gaming Authorities
Details on casino proposals emerge

Kentucky Derby owner seeks casino license for Terre Haute

Churchill Downs Inc. has submitted a proposal to build a casino resort in Terre Haute. The license became available earlier this summer after the previous holder Lucy Luck Gaming was denied a license renewal. LucyLuck has filed an appeal. Churchill Downs is one of four applicants for the license. The others are Full House Resorts Inc., Rising Star Casino in Ohio County, Hard Rock International and Terra Hautes Entertainment LLC. CDI owns and operates casino and gaming operations across nine states. It estimates the Terrre haute gaming facility would generate $190 million in annual regional economic impact, including 500 permanent jobs.
Gaming Authorities
Kentucky Derby owner seeks casino license for Terre Haute

Chicago’s casino resort plan thwarted by high tax rate, abundant competition

Chicago's request for proposals for a casino resort was rejected. The deadline for responses has been pushed back to October 29. Las Vegas-based companies won't be bidding. Caesars Entertainment won’t be in the hunt because it already has several properties in Illinois and Indiana. Waukegan, Illinois, is considering bids for its own casino. The maximum tax rate in Nevada is 6.75 percent. Illinois would impose 40 percent on gross gaming revenue from the Chicago resort. It's higher than in other states. There's also a new gaming expansion in Wawkega.
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Chicago’s casino resort plan thwarted by high tax rate, abundant competition

Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project

MGM Resorts International, Las Vegas Sands, Wynn Resort and Caesars Entertainment won't submit a proposal for an integrated resort in downtown Chicago. The city is considering Waukegan, Illinois, for a gaming development. Illinois has 10 casinos and more than 40,000 video gaming terminals. The state has also invested in sports betting. Chicago Landmarks Commission approved a two-story sportsbook next to Wrigley Field. It's possible that only a handful of offers will be accepted. Wurkegen is one of five locations slated for casino project as part of Illinois’ 2019 gaming expansion legislation.
Sports
Indy Gaming: Major Strip casino operators snubbing downtown Chicago gaming project

First new hotel in decades opens in Cripple Creek

The Wildwood Hotel & Casino opened in Cripple Creek, Colorado, in July. It's the first new hotel in decades to be built next to the casino. The hotel features six suites with separate living rooms and king-size beds, 2,800 square feet of space for banquets and meetings, and 80 parking spaces. Rooms start at $119 a night for a standard room on weekdays and $239 a day on weekends.
Covid
First new hotel in decades opens in Cripple Creek