2024.07.19
big fish casino updateStocks 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. Investors’ reaction to the news was typical, as Full House shares slumped 5.24 percent in Wednesday’s after-hours session. But the operator adds the share sale will bolster its balance sheet, perhaps strengthening its effort to procure a gaming license in Waukegan, Ill. hard rock casino orlandoFull House Resorts’ Silver Slipper Casino. However, that project isn’t mentioned in the equity sale statement.Another AvenueFull House does note proceeds from the capital raise could be directed to its Silver Slipper property in Hancock County, Miss.“The use of proceeds could also include construction of a new hotel tower and other amenities at the Company’s Silver Slipper Casino and Hotel,” according to the company. During that time, citizens will be welcomed to ask questions directly to the representatives of the three companies.Live! Casino and Hotel Richmond – March 30One Casino + Resort – March 31Bally’s Richmond Casino Resort – April 1Each meeting will be conducted via Microsoft Teams and begin at 6 pm. island resort and casino michigan online gambling ny newsfree slot games casinoDuring that time, citizens will be welcomed to ask questions directly to the representatives of the three companies.Live! Casino and Hotel Richmond – March 30One Casino + Resort – March 31Bally’s Richmond Casino Resort – April 1Each meeting will be conducted via Microsoft Teams and begin at 6 pm. ee virtual meetings next week to further discuss the projects. Investors’ reaction to the news was typical, as Full House shares slumped 5.24 percent in Wednesday’s after-hours session. doubleu casino free slot gamesCordish seeks to build the resort in Scott’s Addition. Urban One and Colonial Downs are targeting land currently owned by Philip Morris just off I-95 at Commerce Road.Casino Finalists The three remaining casino presentations offer various plans for citizens to consider.Bally’s Richmond is a proposed 0 million integrated casino resort. resorts online casino no deposit bonus soaring eagle casino new years eve 2021bicycle casino john parkThe company is selling shares to raise cash. However, that project isn’t mentioned in the equity sale statement.Another AvenueFull House does note proceeds from the capital raise could be directed to its Silver Slipper property in Hancock County, Miss.“The use of proceeds could also include construction of a new hotel tower and other amenities at the Company’s Silver Slipper Casino and Hotel,” according to the company. One Casino Richmond is a 7 million pitch that is billing itself as the “only black-owned casino in the country.” Along with a 90,000-square-foot casino, the 100-acre complex would include a 150-room hotel, a 55-acre park and green space, and television and radio production studios. The company is selling shares to raise cash. “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.Cordish seeks to build the resort in Scott’s Addition. jamul casino ufc kansas star casino room rates |