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Gaming Industry News |
Monday October 6th, 2008 |
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Full House Resorts and Morongo Band of Mission Indians Will Not Proceed With Merger |
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LAS VEGAS, Oct. 14 Full House Resorts, Inc. (BULLETIN BOARD: FHRI) announced today that it has been advised by the Morongo Band of Mission Indians that its general membership failed to approve the proposed merger between Full House Resorts and a subsidiary of the Morongo Band and therefore the proposed merger will not proceed. |
As previously indicated, completion of the merger was subject to obtaining this approval. The Tribe placed the question of approval of the transaction on a ballot conducted among all of the voting members of the Morongo Band, in accordance with the Morongo Band's custom and tradition of governance.
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