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Full House Resorts Unit Amends Casino Operations Lease Terms With Incline Hotel
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Full House Resorts Unit Amends Casino Operations Lease Terms With Incline Hotel
Jul 3, 2024 8:30 AM

11:08 AM EDT, 07/03/2024 (MT Newswires) -- Full House Resorts ( FLL ) said its Gaming Entertainment Nevada unit amended the terms of certain casino operations lease with Incline Hotel, extending the lease's initial term by 10 years through Dec. 31, 2034.

The amendment also raised the annual rent to about $2.01 million next year from $2 million in 2024, followed by annual increases of 2% for the rest of the term, among other changes, according to a Tuesday filing with the US Securities and Exchange Commission.

Shares of the company rose 3.1% in recent Wednesday trading.

Price: 5.03, Change: +0.15, Percent Change: +3.07

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