Business
Full House Resorts Selected by Illinois Gaming Board to Develop Its American Place Gaming and Entertainment Destination in Waukegan
LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (Nasdaq: FLL) today announced that its American Place gaming and entertainment
About this update from Full House Resorts, Inc.
[{"type":"text","content":"LAS VEGAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Full House Resorts, Inc. (Nasdaq: FLL) today announced that its American Place gaming and entertainment destination proposal was selected today by the Illinois Gaming Board (“IGB”), subject to final licensing approvals. American Place was originally one of five proposals submitted in response to a “request for proposals” to develop and operate a new casino and entertainment destination in Waukegan, Illinois. Today’s decision is the culmination of a competitive selection process that was launched in 2019. “We thank the Illinois Gaming Board for their confidence in Full House Resorts and for selecting our American Place proposal,” said Daniel R. Lee, President and Chief Executive Officer of Full House Resorts. “We will begin working immediately on American Place, first with the development and construction of a temporary casino in Waukegan, Illinois. Through our planned temporary facility – aptly named The Temporary by American Place – we will be able to quickly create jobs and generate tax revenues while the permanent American Place facility is being built. We expect to open our temporary facility in mid-2022.” Continued Mr. Lee, “Our permanent American Place facility is designed to be a world-class destination for nearby Chicagoland residents and the entire region, and will include luxurious amenities such as an all-villa hotel with full butler service. We are excited to join the Waukegan community and welcome the opportunity to bring our American Place vision to life, with completion of our full experience expected in 2024.” About American Place Full House Resorts was selected in December 2021 to develop American Place, a new gaming and entertainment destination located in Waukegan, Illinois, midway between Chicago and Milwaukee, subject to final regulatory approvals. American Place is slated to include a world-class casino with a state-of-the-art sports book; a premium boutique hotel comprised of 20 luxurious villas, each ranging from 1,500 to 2,500 square feet with full butler service; a 1,500-seat live entertainment venue; a gourmet restaurant that will rival the finest restaurants in Chicago; additional eateries and bars; and other amenities that will attract gaming and non-gaming patrons from throughout Chicagoland and beyond. A second phase of American Place is expected to incl...