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black bear casino duluth mn hotel“Certain regulatory approvals and entitlements are still required to enable such construction, and there is no certainty as to the timing or receipt of such approvals.”In addition to Bronco Billy’s and Silver Slipper, Full House runs a pair of gaming properties in Nevada and one in Indiana.Stocks often slide on equity sale announcements, because companies usually offer the shares at a discount to current market prices and because the transactions dilute current investors.The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering,” according to a statement issued by the Las Vegas-based company.Full House said the deal’s underwriters have a 30-day period in which they can offer shares equivalent to 15 percent above the offering size.Full House Plans for CapitalCompanies typically don’t specify how proceeds from debt and equity sales will be spent, except to say the funds will be directed to “general corporate purposes.”That’s the response offered by Full House in its statement. (Image: YouTube)The company didn’t disclose the amount of stock it’s selling — a rarity among firms using this method of capital raising. But the operator adds the share sale will bolster its balance sheet, perhaps strengthening its effort to procure a gaming license in Waukegan, Ill. “Certain regulatory approvals and entitlements are still required to enable such construction, and there is no certainty as to the timing or receipt of such approvals.”In addition to Bronco Billy’s and Silver Slipper, Full House runs a pair of gaming properties in Nevada and one in Indiana.The destination would sit on 61 acres in the Gravel Hill neighborhood. hollywood casino jurabic quest