Full House Resorts sells Stockman's Casino for $9.2M to focus on larger properties

FULL HOUSE RESORTS INC

Total gross proceeds of $9.2M: $7.0M for real property (close late-Sept 2024) and $2.2M for remaining operating assets (upon gaming approvals).
Buyer is Clarity Game LLC, led by Michael Gaughan III and David Ross; seller will pay $50K/month rent until second closing.
Sale aligns with strategy to focus on larger properties including newly opened Chamonix and American Place casinos.
Net proceeds used for general corporate purposes; no further guidance provided.

item 7.01 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0000891482-24-000037
form_type: 8-K
ticker: FLL
cik: 0000891482
company_name: FULL HOUSE RESORTS INC
filed_at: 2024-09-03T23:59:59+00:00
discovered_at: 2026-05-14T18:03:16.206571+00:00
generated_at: 2026-05-31T06:43:45.742856+00:00
sec_items: ["7.01", "9.01"]
event_type: m_and_a
sentiment: neutral
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0000891482-24-000037
json_url: https://secwatch.observer/filing/0000891482-24-000037.json
markdown_url: https://secwatch.observer/filing/0000891482-24-000037.md
text_url: https://secwatch.observer/filing/0000891482-24-000037.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/891482/000089148224000037/0000891482-24-000037-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/891482/000089148224000037/fll-20240903x8k.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

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Source: SEC EDGAR

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