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 the Securities and Exchange Commission discloses 55 ways the company is vulnerable.
The list includes:
• An economic downturn could reduce consumers’ discretionary spending
• Heavy reliance on technology and electricity could cripple the company in the event of a cyber attack or extended power outage
• It’s possible the operation won’t be able to generate enough cash flow to make loan payments on its “significant indebtedness.”
