Full House Bets $62M On Fitz Casino In Miss.

Law360, New York (March 24, 2014, 4:49 PM EDT) -- Full House Resorts Inc. has agreed to purchase all of the outstanding membership interests of the entity that operates Fitzgerald's Casino in Tunica, Miss., from The Majestic Star Casino LLC for $62 million, Full House announced Monday.

Las Vegas-based Full House said it would purchase the casino through a combination of proceeds from a $125 million refinancing and an equity offering, and it also plans to use these funding sources to conduct a $7 million renovation of the casino.

“This property has historically been well run...
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