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LAS VEGAS--(BUSINESS WIRE)-- Full House Resorts (NYSE Amex US: FLL) announced today that it has completed the purchase of Silver Slipper Casino Venture LLC, doing business as the Silver

Slipper Casino, in Hancock County, Mississippi for approximately $70 million, exclusive of working capital and transaction expenses. As previously announced, the Company used $50 million on

its first lien credit facility and $20 million on its second lien credit facility to complete the transaction. The Company was advised on the acquisition and financing by Macquarie Capital.

“We are excited to complete the transaction and officially bring the Silver Slipper Casino and its outstanding team members into the Full House Resorts family,” said Andre M. Hilliou,

Chairman and Chief Executive Officer of Full House. “We believe we can leverage our corporate resources and our experience and knowledge in managing local and regional properties to further

improve the Silver Slipper’s profitability and create additional long-term shareholder value. The Silver Slipper is a well-designed and efficient property located in a stable market and has

a very strong management team in place. We look forward to rolling up our sleeves and getting to work with the team at the Silver Slipper.” The Silver Slipper Casino, which opened in

November 2006, has 37,000 square feet of gaming space with almost 1,000 slot and video poker machines, 26 table games, a poker room and the only live Keno game on the Gulf Coast. The

property includes a fine dining restaurant, buffet, quick service restaurant and two casino bars. The property draws heavily from the New Orleans metropolitan area and other communities in

southern Louisiana and southwestern Mississippi. ABOUT FULL HOUSE RESORTS, INC. Full House owns, develops and manages gaming facilities. The Company owns the Rising Star Casino Resort in

Rising Sun, Indiana. The Rising Star Riverboat Casino has 40,000 square feet of gaming space with almost 1,300 slot and video poker machines and 37 table games. The property includes a

190-room hotel, a pavilion with five food and beverage outlets, an 18-hole Scottish links golf course and a large, multi-purpose Grand Theater for concerts and performance events as well as

meetings and conventions. In addition, Full House owns Stockman’s Casino in Fallon, Nevada which has 8,400 square feet of gaming space with approximately 260 gaming machines, four table

games and a keno game. The Company also operates the Grand Lodge Casino at the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada on the north shore of Lake Tahoe

under a five-year lease agreement with the Hyatt organization. The Company also has a management agreement with the Pueblo of Pojoaque for the operations of the Buffalo Thunder Casino and

Resort in Santa Fe, New Mexico along with the Pueblo’s Cities of Gold and Sports Bar casino facilities. Further information about Full House Resorts can be viewed on its website at

www.fullhouseresorts.com. FORWARD-LOOKING STATEMENTS Some of the statements made in this release are forward-looking statements. These forward-looking statements are based upon Full House’s

current expectations and projections about future events and generally relate to Full House’s plans, objectives and expectations for Full House’s business. Although Full House’s management

believes that the plans and objectives expressed in these forward-looking statements are reasonable, the outcome of such plans, objectives and expectations involve risks and uncertainties

including without limitation, regulatory approvals, including the ability to maintain gaming licenses in Indiana, Mississippi and Nevada, financing sources and terms, integration of

acquisitions, including the Rising Star and Silver Slipper acquisitions, competition and business conditions in the gaming industry, including any new or increased competition in Northern

Nevada or the Mississippi Gulf Coast or New Orleans area, competition from Ohio casinos and any possible authorization of gaming in Kentucky. Additional information concerning potential

factors that could affect Full House’s financial condition and results of operations is included in the reports Full House files with the Securities and Exchange Commission, including, but

not limited to, its Form 10-K for the most recently ended fiscal year. Full House Resorts, Inc. Mark Miller, 702-221-7800 Chief Operating and Chief Financial Officer www.fullhouseresorts.com

or Integrated Corporate Relations William R. Schmitt, 203-682-8200 [email protected] Source: Full House Resorts