Regional casino operator Full House Resorts has appointed former investment banking executive Michael Hartmeier to its board of directors as an independent member.
Hartmeier has had a 25-year career in investment banking, completing more than $125 billion in financing and advisory assignments. From 2008 through July, he was the group head of lodging, gaming, and leisure investment banking at Barclays.
“We have appreciated Mike’s thoughtful advice on the capital markets for many years,” Full House CEO Dan Lee said in a statement. “His 25 years of investment banking experience and overall business knowledge will be valuable additions to our company’s board of directors.”
Hartmeier’s prior roles include group head positions in hospitality and gaming for Lehman Brothers and Credit Suisse First Boston. He currently serves on the board at DiamondRock Hospitality Company, a self-advised real estate investment trust.
According to a filing with the Securities and Exchange Commission, Las Vegas-based Full House said Hartmeir’s appointment is effective immediately. He will serve until the company’s 2021 annual meeting of stockholders.
Full House operates five casinos in four states; Stockman’s in Fallon, Nevada; Hyatt Regency in Lake Tahoe, Nevada; Rising Star in Rising Sun, Indiana; Bronco Billy’s in Cripple Creek, Colorado; and Silver Slipper in Bay St. Louis, Mississippi.
Full House is seeking approval to build the $375 million American Place casino project in Waukegan, Illinois – roughly 40 miles north of downtown Chicago and 15 miles south of the Wisconsin state line.
(Disclosure: Ken Adams, CDC Gaming’ senior analyst, is a member of the Full House board of directors)
Howard Stutz is the executive editor of CDC Gaming. He can be reached at hstutz@cdcgaming.com. Follow @howardstutz on Twitter.
