For the three months ended December 31, 2007, income from operations fell slightly to $493,443 compared to $514,663 in the prior-year period due to a $407,534 impairment charge taken in fourth quarter 2007. For the quarter ended December 31, 2007, Full House reported casino, food and beverage, and other revenue of $2. The equity in net income of unconsolidated joint venture represents Full House Resorts’ 50% ownership interest in GED, a joint venture between the Company and Harrington Raceway, Inc. These forward-looking statements are based upon Full House’s current expectations and projections about future events and generally relate to Full House’s plans, objectives and expectations for Full House’s business. Additional information concerning potential factors that could affect Full House’s financial condition and results of operations is included in the reports Full House files with the Securities and Exchange Commission, including, but not limited to, its Form 10-KSB for the most recently ended fiscal year. read more

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