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Full House Closes on Stockman's Casino

LAS VEGAS-The locally based, publicly held casino manager completes its acquisition of the gaming property in Fallon, NV and an adjacent hotel from the James R. Peters Family Trust.

By Brian K. Miller | Updated on February 04, 2007

(For more retail coverage, click GlobeSt.com/RETAIL.)

LAS VEGAS-Full House Resorts Inc., which previously has only managed casinos, has completed its acquisition of Stockman’s Casino in Fallon, NV and the adjacent Holiday Inn Express. The assets were acquired from the James R. Peters Family Trust for $25.5 million.

The transaction comes one week after receiving final approval from the Nevada gaming Commission to own and operate the property, which has approximately 8,400 sf of gaming space, a fine dining restaurant and a coffee shop. The adjacent Holiday Inn has 98 guest rooms, indoor and outdoor pools, sauna, fitness center and meeting rooms.

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