FLL - Full House Resorts announces new $15M credit facility

Full House Resorts (FLL) enters into an agreement for a five-year, senior secured revolving credit facility for $15M.The credit facility may be used for working capital, letters of credit, and other ongoing general purposes. Until the completion of the Company’s Chamonix project in Cripple Creek, Colorado.“We are pleased to put this new credit facility in place, which provides additional liquidity and flexibility should it ever be needed. Over the last two months, we have transformed our balance sheet. In addition to fully financing our Chamonix project, we have strengthened our balance sheet for future opportunities, such as our American Place proposal in Waukegan, Illinois.” said Lewis Fanger, CFO.

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Full House Resorts announces new $15M credit facility