other material
confidence high
sentiment neutral
materiality 0.45
Full House Resorts extends casino lease to 2034; rent rises 2% annually from 2025
FULL HOUSE RESORTS INC
- Seventh Amendment extends lease term from Dec 31, 2024 to Dec 31, 2034.
- 2024 rent $2.0M; 2025 rent $2,010,857; then 2% annual increases through 2034.
- Landlord may terminate early with 6-month notice to renovate premises.
- Other conforming changes; all other lease terms remain unchanged.
- Amendment dated July 1, 2024, by subsidiary Gaming Entertainment (Nevada) LLC as tenant.