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EDITORIAL: Full House’s financials matter when it comes to relocating Indiana casino

EDITORIAL: Full House’s financials matter when it comes to relocating Indiana casino

In an industry where the house usually wins, Full House Resorts is struggling.New information has emerged about the Las Vegas-based company seeking to build a $500 million casino and hotel complex in New Haven. Its financial situation warrants serious scrutiny from local and state officials responsi

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Indiana: Full House Resorts discloses ‘significant’ debt, but New Haven supporters willing to go all in

Indiana: Full House Resorts discloses ‘significant’ debt, but New Haven supporters willing to go all in

The Las Vegas-based gaming company angling to build a $500 million casino and hotel complex in New Haven faces some enormous challenges.The biggest obstacles aren’t in northeast Indiana, however, where supporters and opponents alike reside.The 2024 annual report Full House Resorts Inc. filed with th

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INDIANA INTRODUCE BILLS TO LEGALIZE ONLINE CASINO

INDIANA INTRODUCE BILLS TO LEGALIZE ONLINE CASINO

A bill to move one of the state’s lowest-performing casinos to northeast Indiana has been formally introduced in the Indiana General Assembly.Senate Bill 293—authored by Sen. Andy Zay, R-Huntington—would allow Full House Resorts to transfer its gaming license from Rising Sun to New Haven, where the

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EDITORIAL: Northeast Indiana casino glitters but is it just gold dust?

EDITORIAL: Northeast Indiana casino glitters but is it just gold dust?

The allure of a $500 million casino in New Haven is undeniable — $53 million in annual tax revenue and thousands of promised jobs have caught the attention of state lawmakers. But all that glitters is not gold. As with every economic development project, it is fair to ask: At what cost does this rev

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Indiana mayor supports Full House’s relocation of Indiana casino to his town near Fort Wayne

Indiana mayor supports Full House’s relocation of Indiana casino to his town near Fort Wayne

For the first time publicly, in an exclusive interview with WANE 15, New Haven Mayor Steve McMichael shared his thoughts on, and fought back criticism of, the plans to bring a casino from southern Indiana to the southeast corner of U.S. 30 and I-469.McMichael said he was approached in May by Full Ho

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Indiana: Fort Wayne-area legislators signal opposition to proposed Full House casino

Indiana: Fort Wayne-area legislators signal opposition to proposed Full House casino

Apprehension over the possibility of a major casino coming to New Haven continues, and on Monday, local elected officials signaled opposition to the proposal.At a town hall meeting in New Haven, State Senators Tyler Johnson, R-New Haven, and Liz Brown, R-Fort Wayne, as well as State Representative D

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Indiana: Full House Resorts sets new location for Fort Wayne-area casino

Indiana: Full House Resorts sets new location for Fort Wayne-area casino

The proposed New Haven Casino and Resort will have a new location, according to Full House Resorts.The company announced Wednesday that the new location will be next to the I-469 and U.S. 30 interchange west of Doyle Road.Full House Resorts had initially planned to build the casino at the corner of

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Indiana: Study shows impact of casino move to New Haven

Indiana: Study shows impact of casino move to New Haven

The proposal by Full House Resorts to move its gaming license from Rising Sun to New Haven could result in over $250 million in annual profits and tens of millions of dollars in taxes.That’s according to a preliminary third-party study the Las Vegas-based gaming company commissioned to show the econ

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Indiana: Study shows proposed Fort Wayne-area casino would pay more than $80M in annual taxes

Indiana: Study shows proposed Fort Wayne-area casino would pay more than $80M in annual taxes

An economic impact study released Thursday shows a proposed New Haven casino would generate more than $80 million in annual taxes and spark creation of more than 2,400 new jobs.The estimated breakdown would be $53.5 million in state taxes, $18.3 million in city taxes and $11.1 million in taxes for o

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