Full House Resorts Amends Waukegan Casino Development Agreement

What Happened Full House Resorts, Inc. (via its wholly owned subsidiary FHR-Illinois, LLC) filed an 8‑K on September 8, 2026 to report Amendment No. 1 to the Development and Host Community Agreement with the City of Waukegan, Illinois (Amendment dated September 2, 2026). The Amendment, which was discussed and approved by the Waukegan City Council in July 2026, revises timing and project details for the “American Place” casino development in Waukegan.

Key Details

• Construction completion date for the permanent American Place facility extended to February 17, 2029.
• Operations of the permanent facility must commence within three months after completion.
• The company may retain and use the temporary casino structure for up to five years after the permanent casino opens.
• The Amendment updates certain project and potential future phase details to align with current design plans; all other terms of the original Development Agreement remain in effect.
• The Amendment is filed as Exhibit 10.1 to the Form 8‑K.

Why It Matters This Amendment pushes the target date for finishing the permanent casino to early 2029 and formally allows continued use of the temporary casino for an extended transition period, which preserves the ability to operate and generate revenue while permanent construction proceeds. For investors, the changes clarify timing for when the permanent facility — and any related revenue/cost profile changes — are expected, and confirm that the project remains governed by the existing Development Agreement aside from the revised items listed above.