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.

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