Benzinga | Dec 9, 2021 09:39PM EST

Full House Resorts PR Confirms Earlier News Highlighting Co. Has Been Selected By Illinois Gaming Board To Develop Its American Place Gaming And Entertainment Destination In Waukegan

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."