Full House Profit Rises as It Eyes Acquisitions

LAS VEGAS-Full House Resorts, coming off a quarter in which it reported record revenue and earnings, is on the lookout to own and operate more casinos. Full House chairman and CEO Andre Hilliou said in Tuesday’s quarterly earnings conference call with investors that the gaming company is “actively pursuing deals where we would either own the asset outright or receive a management fee to operate it, or a combination of the two.”

As the company has stated in the past, Hilliou said, ownership and/or management deals represent the company’s long-term growth strategy. “We are actively looking at properties in all gaming jurisdictions, including Northern Nevada, Mississippi the Midwest and other areas, and considering management agreements of various types,” Hilliou said.