FULL HOUSE RESORTS INC: Regulation FD disclosure on American Place

What happened

• On Oct 21, 2026, FULL HOUSE RESORTS INC filed a Current Report on Form 8-K disclosing that the company "intends to construct a permanent American Place casino in Waukegan, Illinois" to replace its temporary facility.
• The filing says the permanent casino is designed to be significantly larger than the temporary casino and that a major financial institution has expressed a willingness to fund all construction costs.
• The company reported discussions with certain existing and potential bondholders and lenders about refinancing its 8.25% senior secured notes due 2028, including a contemplated private offering of approximately $525,000,000 of new senior secured notes due 2031 and a new $100,000,000 revolving credit facility.

Key details

• Existing notes: 8.25% senior secured notes due 2028.
• Potential financings: approximately $525,000,000 of new senior secured notes due 2031 and a $100,000,000 revolving credit facility.
• Intended uses of proceeds: redeem the Existing Notes; repay the existing credit facility; fund full construction of American Place; pay fees, expenses and accrued interest; and for general corporate purposes.
• The company provided prospective investors confidential information and is disclosing that information publicly through this Current Report; discussions are ongoing and any transactions are subject to definitive documentation with no assurance they will be consummated.

Why it may matter

• This Item 7.01 filing is a Regulation FD disclosure describing the company’s plans for a permanent American Place casino and related financing discussions, including specific financing amounts and intended uses.
• The filing does not show why the insider traded or why the company acted.