Item 1.01 Entry into a Material Definitive Agreement.
On July 25, 2009, Full House Resorts, Inc. (the "Company") entered into an
agreement to amend the Company's existing credit facility (the "Facility
Amendment") and related reducing revolving promissory note (the "Note
Amendment") with Nevada State Bank. The amendment increased the available
borrowings under the facility from $8,110,000 to $8,860,000.
The foregoing summary of the Facility Amendment and the Note Amendment is
subject to, and qualified in its entirety by, the full text of the same which
are included in Exhibit 10.1 and Exhibit 10.2 and incorporated herein by
reference. A press release issued by the Company in connection with the Facility
Amendment and the Note Amendment is included in Exhibit 99.1 and incorporated
herein by reference.
Section 2 - Financial Information
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information provided under Item 1.01 above is incorporated herein by
reference.
SECTION 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
10.1 Amendment to Reducing Revolving Loan Agreement dated as of
the 25thday of June, 2009, by and between the Company and
Nevada State Bank.
10.2 Amendment to Reducing Revolving Promissory Note dated as of
the 25thday of June, 2009, by and between the Company and
Nevada State Bank.
99.1 Press release issued by the Company on July 1, 2009.
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