BNET Industries

Market Cap:$63.1M
Last Fiscal Year Sales:$9.6M
  • Public
  • US
Dow Jones Description

Full House Resorts, Inc., a casino gaming company, was incorporated in Delaware on January 5, 1987. The new management team, which joined in the mid 2004, revitalized and reorganized the company following our two prong business approach: - The ownership of local casinos with a market leadership and the development, and - The management of casinos on behalf of Native American tribes and commercial clients. Our Board of Directors, which includes Lee Iacocca, brings a history of success. Our management team has tremendous depth of experience in casino gaming and its own track record of success. The first phase of our vision has already been implemented by the disciplined purchase of Stockman's Casino, a very successful local casino. The first prong of our approach has been started with the January 2007 acquisition of Stockman's Casino in Fallon, Nevada, The property is without doubt the market leader, which we acquired at a reasonable price. We are actively seeking acquisitions of additional local casinos at moderate multiples. The second prong of our business strategy is well-represented by our long-standing management of Harrington Casino in Delaware. The "Racino" was developed and opened in 1996 and is managed by Gaming Entertainment Delaware with Full House as a 50% stakeholder. The facility completed its $40 million expansion and remodeling in February 2008. ...

Director, Chief Executive Officer
ANDRE M HILLIOU
Number of Employees 10
Contact Information

4670 S Fort Apache Rd Ste 190

Las Vegas, Nevada 89147

fullhouseresort...

(702) 221-7800

NAICS Code Casinos (except Casino Hotels): 713210

Recent Events

  • Morgan Joseph Reiterates a 'Buy' on Full House Resorts FLL; Increases Estimates

    11/11/09 - Bond / Stock Rating - View Story

  • LV-based Full House Resorts sees revenue increase

    11/11/09 - Financial Announcement - View Story

  • Iacocca will give away Mustang special edition at FireKeepers

    10/27/09 - Joint Venture / Alliance - View Story

  • Casinos, gaming facilities report earnings

    9/18/09 - Financial Announcement - View Story

  • First Friday a celebration of art, community

    8/12/09 - Financial Announcement - View Story

  • Morgan Joseph Reiterates a 'Buy' on Full House Resorts FLL; Raises Price Target & Estimates

    7/29/09 - Bond / Stock Rating - View Story

News & Analysis

full house resorts inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
ANDRE M HILLIOU Director, Chief Executive Officer
Ann Kennedy CFO, FireKeepers Casino
JAMES MEIER Chief Financial Officer
Mark J. Miller Director, Treasurer, Chief Financial Officer
GREG VIOLETTE Executive Vice President of Development
T Wesley Elam Senior Vice President of Operations and Development
Wesley Elam Thomas Senior Vice President of Oper and Proj Mngmnt
JIM DACEY Vice President, Indian Gaming Development
BRUCE MCKEE General Manager of Midway Slots and Simulcast
Nancy Jo Newton General Manager
R Bruce McKee General Manager of Firekeepers Casino
BARTH F AARON Secretary and General Counsel
Ken Adams Principal In the Gaming Consulting Firm, Ken Adams Ltd.
Megan G. McIntosh Secretary
Michael P. Shaunnessy Treasurer
Lee A. Iacocca Director

Board of Directors

Name (plus bio) Position
J. Michael Paulson Chairman
Andre M. Hillou Board of Directors
Carl G. Braunlich Vice Chairman
Kathleen M. Caracciolo Board of Directors
William P. Mccomas Board of Directors

With over 25 years experience in the gaming industry, Andre brings with him a wealth of knowledge. From fundraising and organization, development and opening, to operation and management, Andre has done it all. Starting with Steve Wynn's Golden Nugget, Andre progressed through senior management positions, until he was tapped to operate the Showboat Atlantic City, where he took the company from $30 million in net revenue to $130 million within two years, and in the face of the opening of Trump Taj Mahal Casino next door. Andre was chosen as Showboat's senior manager for its Sydney Harbour Casino project in New South Wales, where he was singularly responsible for obtaining the financing and the development and opening of this $1 billion facility. He has served as President and CEO of other gaming companies.

Organization Position Status
Full House Resorts, Inc. Director, Chief Executive Officer Current
Full House Resorts, Inc. Chairman and Chief Executive Officer Current
Full House Resorts, Inc. President Former

Organization Position Status
Full House Resorts, Inc. CFO, FireKeepers Casino Current

Organization Position Status
Full House Resorts, Inc. Chief Financial Officer Current
Full House Resorts, Inc. Vice President of Finance Current
Capital One Chief Financial Officer Former
Full House Resorts, Inc. Board of Directors Former
Minnesota State University CPA Former
University of Nevada, Las Vegas Master's Degree Former
Minnesota State University Bachelor of Science Degree In Business Administration Former

Since 2003, Mr. Miller has served as Executive Vice President and Chief Financial Officer of Aero Products International, a leading maker of premium, air-filled bedding products. From 1998 until 2003, Mr. Miller was Executive Vice President and Chief Financial Officer of American Skiing Company, owner and operator of seven well-known ski resorts located in New England, Colorado and Utah. From 1994 until 1998, he was an Executive Vice President of Showboat, Inc. with responsibility for operational support for new casino development. Previously, Mr. Miller served in various positions within the Showboat organization, including President and Chief Executive Officer of Atlantic City Showboat, Inc. Mr. Miller holds a Master's Degree in Accountancy from Brigham Young University and is a Certified Public Accountant.

Organization Position Status
Aero Products International, Inc. Chief Financial Officer Current
Full House Resorts, Inc. Director, Treasurer, Chief Financial Officer Current
Full House Resorts, Inc. Board of Directors Current
American Skiing Company Chief Financial Officer Former
American Skiing Company Executive Vice President Former
Aero Products International, Inc. Executive Vice President Current

Organization Position Status
Full House Resorts, Inc. Executive Vice President of Development Current
Michels Development, LLC Chief Financial Officer Former

Wes has over 27 years experience in the casino/hotel industry. He is an expert in casino openings and operations. Most recently, he served as General Manager of the Argosy Casino - Baton Rouge, LA. In 1999, he turned the property around to profitability by implementing an identity re-branding of the casino, renovation of the casino and construction of a hotel. From 1994 to 1998, he served as Chief Operating Officer for the Star City Casino in Sydney, Australia, responsible for the openings and operations of both the temporary and permanent casino/hotel. Prior to that, he served as Controller for Casino Windsor, Ontario, Canada, overseeing the construction and opening of the temporary casino, which was a fast-track project, opening in six months. Previously, he had served in various executive positions with responsibilities for the opening and operations of the Trump Taj Mahal Casino, Showboat Casino, Trump Castle Casino and the Tropicana Casino. Mr. Elam holds a Bachelor of Science degree in Business Administration from the Thomas Edison State College.

Organization Position Status
Full House Resorts, Inc. Senior Vice President of Operations and Development Current
University of Nevada Reno Bachelor of Science Degree In Business Administration Former
University of Nevada Bachelor of Science Degree In Business Administration Former
Thomas Edison State College Bachelor of Science Degree In Business Administration Former
University of Nevada-Reno Bachelor of Science Degree In Business Administration Former

Organization Position Status
Full House Resorts, Inc. Senior Vice President of Oper and Proj Mngmnt Current

Jim has over twenty years experience managing complex, multi-discipline projects. He has worked with Tribal governments, federal agencies and local municipalities and civic organizations to secure the approvals, agreements and support necessary to conduct tribal gaming. He is responsible for identifying and securing the services of all key suppliers and consultants, developing the strategy and then directing and managing the efforts of the team. Jim is the company's liaison to the tribal government and their legal representatives in all matters related to the project. He has extensive experience in project and contract management, customer relationship management, as well as implementation of the business process. Prior to joining Full House Resorts, Jim was with GTECH, the world's largest lottery supplier, as Director of Operations.

Organization Position Status
Full House Resorts, Inc. Vice President, Indian Gaming Development Current
GTECH, LLC Director of Operations Former

Bruce has over 28 years of experience in the gaming industry. He was most recently the General Manager and Executive Vice President of Gaming Entertainment Delaware, The Full House Resorts subsidiary that manages Harrington Raceway & Casino, Delaware. Previously, Bruce spent 20 years in the gaming industry in the Atlantic City market. He was with Trump Hotels & Casino Resorts for over ten years as CFO, COO of Trump Taj Mahal, President/COO of Trump Marina and GM of Trump's riverboats in Gary, Indiana and Kansas City, Missouri. Prior to that, he served as Vice President of Finance for Elsinore's Atlantic City Casino Hotel. Bruce is a CPA by discipline and received his BS from Penn State University and his MBA from Golden State University in San Francisco.

Organization Position Status
Full House Resorts, Inc. General Manager of Midway Slots and Simulcast Current
Trump Marina President Former
Trump Taj Mahal President, Coo Former
Indiana, Inc. President Former
Indiana, Inc. COO Former
Trump Entertainment Resorts, Inc. Cfo Former
Trump Marina COO Former
Atlantic City Casino Hotel Vice President of Finance Former
Golden State University Mba Former
The Pennsylvania State University CPA by discipline Former
The Pennsylvania State University Bs Former

Nancy has been with Stockman's Casino since 1998 as its Controller, where she reported to the General Manager and owner until the acquisition by Full House Resorts. She serves as Vice President of the Churchill Economic Development Authority Business Council, for which she was formerly President and a Director. Previously, Nancy was Finance Director of the Te-Moak Housing Authority in Elko, Nevada and has provided financial planning advice and services. She is a Certified Financial Planner.

Organization Position Status
Full House Resorts, Inc. General Manager Current
Full House Resorts, Inc. Owner Former

Organization Position Status
Full House Resorts, Inc. General Manager of Firekeepers Casino Current

Barth has over 18 years experience in the gaming industry and has been practicing law for over 25 years. He is admitted to practice in the state of Nevada, New Jersey and New York. With a background as a Deputy Attorney General in the New Jersey Division of Gaming Enforcement, Barth brings a wealth of knowledge in licensing, compliance and good business practices. He has represented most of the major casino and gaming supplier companies in the country. Barth has developed employee, compliance, internal control and general corporate policy programs in conjunction with most of the gaming commissions in the country. Barth is a member of the International Masters of Gaming Law, an invitation-only group whose membership must demonstrate proven knowledge and understanding of the gaming field.

Organization Position Status
Full House Resorts, Inc. Secretary and General Counsel Current
Full House Resorts, Inc. Secretary Current
Penn National Gaming, Inc. Corporate Director of Regulatory Compliance and Risk Management Former
The Technology Company, Inc. General Counsel Former

Ken Adams is a principal in the gaming consulting firm, Ken Adams Ltd., which he founded in 1990. He is also an editor of the Adams' Report monthly newsletter, the Adams' Daily Report daily electronic newsletter and the Adams Review, each of which focus on the gaming industry. Since August 1997, Mr. Adams has been a partner in Johnny Nolon's Casino in Cripple Creek Colorado, a limited stakes casino with a restaurant and bar. He currently serves on the Board of Directors of Vision Gaming & Technology, Inc., a privately-held gaming machine company and the Downtown Improvement Agency for Reno, Nevada.

Organization Position Status
Full House Resorts, Inc. Principal In the Gaming Consulting Firm, Ken Adams Ltd. Current
Full House Resorts, Inc. Board of Directors Current
Vision Gaming & Technology Inc. Board of Directors Current

Organization Position Status
Full House Resorts, Inc. Secretary Current
Full House Resorts, Inc. Secretary Former

Organization Position Status
Full House Resorts, Inc. Treasurer Current
Full House Resorts, Inc. Treasurer Former

Organization Position Status
The Casino Company President Current
The Casino Company General Manager Former
Full House Resorts, Inc. Director Current
The Casino Company Director Current
Gulfstream Aerospace Corporation Former

Organization Position Status
Full House Resorts, Inc. Board of Directors Current
Full House Resorts, Inc. CEO Former

Organization Position Status
University of Nevada, Las Vegas Associate Professor Current
Corestrata, LLC Current
Full House Resorts, Inc. Vice Chairman Current
Full House Resorts, Inc. Board of Directors Current
The Casino Company Consultant Former
Purdue University Associate Professor Former
Wynn Las Vegas Consultant Former
International Game Technology Consultant Former
Bellagio The Resort Consultant Former
The Technology Company, Inc. Former
Harrah's Entertainment, Inc. Former
United States International University Doctor of Business Administration in International Business Former

Kathleen Caracciolo has an extensive background in finance and accounting, currently serving as Vice President of Finance for Atlantic City Coin and Slot Service Company, Inc., which designs, manufactures and distributes electronic gaming devices. Previously, she was Vice President of Finance for the Atlantic City Convention and Visitors Authority, a government agency responsible for enhancing the economy of the region with coordination of the operations of the Atlantic City Convention Center and Boardwalk Hall, famous for years as the home of the Miss America Pageant. Prior to that, Ms. Caracciolo was employed by the Atlantic City Showboat Casino Hotel, rising through the financial ranks to become Vice President of Finance, and has held finance positions with several other Atlantic City casinos.

Organization Position Status
Full House Resorts, Inc. Board of Directors Current

Organization Position Status
The Iacocca Foundation Founder Current
The Iacocca Foundation Chairman Current
The Statue of Liberty-Ellis Island Foundation, Inc. Board of Directors Current
Full House Resorts, Inc. Director Current
Chrysler Corporation Consultant Former
Chrysler Corporation Chairman of the Board of Directors Former
Chrysler Corporation Director Former

Organization Position Status
Full House Resorts, Inc. Board of Directors Current
Full House Resorts, Inc. Chairman of the Board and Chief Executive Officer Former

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  • Full House Resorts Announces Three and Six Months Results for the Period Ended June 30, 2009

    Business Wire - 8/10/09 - View Story

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     FLL $3.51 -0.03 (-0.85% )
Average Volume 31,831
Shares Outstanding 18.00M
Market Cap 63.2M
Year High 3.9799
Year Low 0.9
Earnings Per Share 0.21
P/E Ratio 16.71
Dividend N/A
Yield N/A
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