Full House Resorts Inc. Announces New Employment Agreement with CEO Daniel R. Lee, Featuring $700,000 Annual Salary and Performance-Based Bonuses

Reuters
06-18
<a href="https://laohu8.com/S/FLL">Full House Resorts Inc</a>. Announces New Employment Agreement with CEO Daniel R. Lee, Featuring $700,000 Annual Salary and Performance-Based Bonuses

Full House Resorts Inc. has announced a new employment agreement for its Chief Executive Officer, Daniel R. Lee, effective from June 14, 2025, to June 14, 2030. Under the new terms, Mr. Lee will receive a base salary of $700,000 annually, with the Compensation Committee aiming to align his salary with the 50th percentile of peer companies' CEOs. Additionally, Mr. Lee is eligible for cash bonuses, including Specific Milestone Bonuses. These bonuses include $300,000 if the company successfully refinances its principal debt before March 30, 2027, and another $300,000 if necessary governmental approvals are obtained to relocate the Rising Star Casino license in Indiana, coupled with the development of associated facilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Full House Resorts Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000891482-25-000036), on June 17, 2025, and is solely responsible for the information contained therein.

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