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LAS VEGAS-Believing its stock is undervalued, Full House Resorts, a small public gaming company here, says it will repurchase up to $1 million worth of its common stock. At its current trading price of approximately $1.80, that’s about 555,555 shares, which represents 2.8% of its 19.34 million outstanding shares.

Full House’s assets include the Stockman’s Casino in Fallon, NV, which has 8,400 sf of gaming space, a bar, a fine dining restaurant and a coffee shop. The company also fee income for the operation of Harrington Raceway and Casino at the Delaware State Fairgrounds in Harrington, DE, and has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a casino-resort in the Battle Creek, MI area, which is currently under construction. Full House also has been working with the Northern Cheyenne Nation of Montana for the development and management of a 27,000 –sf gaming facility.

“The Board of Directors believes that Full House’s common stock is undervalued in the marketplace and represents a sound investment at its recent trading prices,” says chief executive Andre Hilliou.

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