Full House Resorts announced results this morning, including this report on its Hancock County casino:

The Company’s Silver Slipper Casino in Hancock County recorded revenue of $12.4 million in the second quarter of 2014 as compared to revenue of $13.4 million in the prior-year period.

The decline was primarily related to continued economic weakness in the region.

The property recorded adjusted EBITDA for the second quarter 2014 of $2.1 million versus $2.5 million in the prior-year period. The property was able to offset potentially larger EBITDA  declines by reducing operating costs, exclusive of depreciation, by approximately $0.6 million.

For the quarter ended June 30, the Company reported total net revenue of $31.3 million, down from
$36.7 million in the prior-year period. The decrease was primarily attributable to the decline in revenues
at the Rising Star Casino Resort, as a result of additional competition from new gaming facilities in Ohio.

“Our second quarter 2014 results were impacted by ongoing competition and soft economic conditions,
particularly in our Midwest operations,” said Andre Hilliou, Chairman and Chief Executive Officer of
Full House. “Despite a difficult operating environment, we are encouraged by the progress we have made
in reducing operating costs and corporate expense and by the recent tax relief received at our Rising Sun
facility in Indiana. We continue to remain laser focused on reducing costs across the enterprise where
appropriate. Most importantly, we continue to execute on our strategic business plans, including our
partnership with Keeneland Association to pursue gaming opportunities in Kentucky and the construction
of our new hotel at the Silver Slipper casino on the Gulf Coast. While we are taking steps to optimize our
operating structure we continue to focus on providing optimal service to our customers during this
challenging environment as evidenced by our strong guest satisfaction scores.”