The note is due 2015, according to a released statement by FullHouse Resorts. Representatives from Full House did not return aphone call seeking comment. The yield for the note sale wasreportedly 13.9%.

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Nearly a year ago, the Michigan SupremeCourt ruled that the Nottawaseppi Huron Band of PotawatomiIndians could build a $275-million casino here, with plans for2,500 slot machines, 90 table games, 20 poker tables andrestaurants. It will also have a total of 2,500 parking spaces,including a 2,078 space parking garage.

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Construction is expected to begin within the next month. ClarkConstruction Co. will be the construction manager. The casino isscheduled to open in the summer of 2009.

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Full House owns 50% of the joint venture Gaming EntertainmentMichigan LLC, which will oversee construction and manage thecasino. Gaming Entertainment Michigan will manage the casino for aseven-year period and will receive a 26% management fee, accordingto the released statement.

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