The FireKeepers hotel project will add 242 rooms, a pool, a restaurant, expanded guest parking, a retail shop and a 2,000-seat event center for conventions or concerts.

Mandoka didn’t release details associated with the tribe’s buy out of Full House’s management contract, a deal scheduled to run until August 2016.įireKeepers also recently celebrated the topping off their resort style hotel opening later this year.

“We will continue to develop jobs for our tribe and the region.”įireKeepers employs 1,500 people, who will continue to be led by general manager R. “We are thrilled … that our tribe will soon not only own, but operate FireKeepers Casino,” said Homer Mandoka, the Nottawaseppi Huron Band’s tribal chairman. For 2011, gaming industry analysts estimates for Full House were for earnings of 37 cents a share on revenue of $104.04 million. Īnalysts surveyed by Yahoo Finance expect fourth-quarter earnings ofĦ cents a share, on revenue of $31.08 million. The company is scheduled to report fourth-quarter and 2011 earnings today. Mark Miller, Full House’s chief operating officer and chief financial officer, was unavailable for comment Wednesday. But the tribe negotiated a buyout, four years early, of the Full House contract.Īs of May 1, the tribe will both own and operate the hotel-casino.

Since its August 2009 opening, Full House has managed the $300 million Firekeepers casino in Battle Creek, Mich., for the Nottawaseppi Huron Band of Potawatomi Indians. $4.5 million available on its revolving credit line with Wells Fargo & Co., the company said. has sold its FireKeepers casino management contract for $97.5 million, a deal that will allow the Las Vegas-based company to pay off its outstanding corporate debt.

Firekeepers casino managing partners