![]() In Nevada, Full House owns Stockman’s Casino in Fallon and operates the gaming space at the Hyatt Resort in North Lake Tahoe. “Our permanent American Place facility is designed to be a world-class destination for nearby Chicagoland residents and the entire region,” Lee said in a statement. Lee said Full House would open a temporary casino in Waukegan by the middle of 2022 with the official casino, hotel and entertainment complex finished by 2024. The closing price was 65 cents below the company’s 52-week high. Macquarie Securities gaming analyst Chad Beynon said the Illinois casino was Full House’s “most significant opportunity in company history” and could increase the equity value of Full House’s stock price by $10 per share.įull House closed trading Wednesday at $11.53, up $1.76 or 18 percent. CEO Dan Lee said Thursday morning the company committed to spending $500 million on the project. ![]() Full House has been bidding to build the American Place project in Waukegan for nearly two years. Shares of Full House, which operates five casinos in four states, jumped more than 20 percent in value on the Nasdaq. Moments after Full House Resorts won preliminary approval from the Illinois Gaming Control Board Wednesday to build a casino and hotel complex 40 miles north of downtown Chicago, investors expressed their delight for the small Las Vegas-based gaming operator.
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