Casino operator Full House Resorts, Inc. (NASDAQ:FLL) announced the appointment of Jeff Michie as the new Vice President and General Manager of its Rising Star Casino Resort in Rising Sun, Indiana. This change is pending customary gaming industry approvals. Michie will replace Angi Truebner-Webb, who will transition to managing the Silver Slipper Casino Hotel in Mississippi.
Michie comes to Rising Star with extensive casino industry experience, having previously served as Chief Financial Officer at Casino del Sol in Tucson, Arizona. His background includes senior management positions at several casinos, including Hard Rock Casino Cincinnati and Belterra Casino Resort & Spa. His career also includes general manager positions at Belle of Baton Rouge Casino & Hotel and Horizon Casino & Hotel. A graduate of San Diego State University with a degree in finance and public administration, Michie is a long-time resident of Lawrenceburg, Indiana, near the Rising Star property.
In connection with his hiring, the company's compensation committee approved an incentive grant in the form of 19,921 restricted shares to Michie.
These shares will vest over a three-year period beginning November 11, 2025, subject to his continued service. In addition, incentive grants were made to two new employees, Kimberly Bender and Katelynn May. Each received 4,107 restricted shares with a similar vesting schedule beginning November 12, 2025. The incentive grants are part of a strategy to attract top-tier talent and comply with Nasdaq Listing Rule 5635(c)(4), being outside of the Company's 2015 Stock Incentive Plan.
Full House Resorts has a market capitalization of $161.81 million and has shown strong revenue growth of 28.57% over the past twelve months to Q3 2024.
Full House Resorts operates several gaming facilities in the United States. This announcement is part of the Company's ongoing management restructuring and is based on a press release. In other recent news, Full House Resorts presented its third quarter financial results, highlighting its upcoming advertising campaign for the Chamonix project.
The Company's Chief Financial Officer, Lewis Fanger, led the earnings call, providing insight into the Company's financial performance. The discussion included forward-looking statements under the Safe Harbor provision, with a cautionary note regarding potential discrepancies between projected and actual results due to various risks.
