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 responsible for making decisions in the public interest.
As reported [January 18] by The Journal Gazette’s Sherry Slater, Full House’s 2024 annual report to the Securities and Exchange Commission outlines 55 areas of vulnerability. These include the risk of an economic downturn reducing discretionary spending, reliance on technology that cyberattacks could compromise, and significant debt that raises concerns about the company’s long-term viability.
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