Full House Resorts reports higher earnings for quarter
Las Vegas-based Full House Resorts said Monday it had almost $7.9 million in revenues in the fourth quarter, which included almost $5.8 million in management fees for the Indian casinos it operates.
The company also said it had net income of $1.9 million, or 11 cents per share, for the quarter ended Dec. 31, up from net income of $1 million, or 6 cents a share, a year earlier.
“2010 was a banner year for Full House with record revenues and earnings per share,” Full House Chief Executive Officer Andre Hilliou said in a statement.
The company’s largest resort is operated through a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for FireKeepers Casino in Battle Creek, Mich.
Full House recently announced plans to build a 242-room hotel and an events center at FireKeepers.
In Nevada, Full House owns the Stockman’s Casino in Fallon.