On August 23, 2019, the Audit Committee (the \”Audit Committee\”) of the Board of Directors of Full House Resorts, Inc. (the \”Company\”) approved the engagement of Deloitte & Touche LLP (\”Deloitte\”) as the new independent registered public accounting firm to perform independent audit services for the Company for the fiscal year ending December 31, 2019, effective immediately.

Also, on August 23, 2019, the Audit Committee dismissed Piercy Bowler Taylor & Kern (\”PBTK\”) as the Company\’s independent registered public accounting firm of the Company, effective as of such date. PBTK\’s audit report on the Company’s consolidated financial statements for each of the fiscal years ended December 31, 2018 and December 31, 2017 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the fiscal years ended December 31, 2018 and December 31, 2017, and through the subsequent interim period ended June 30, 2019, there were (i) no \”disagreements\” (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and PBTK on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of PBTK, would have caused PBTK to make reference to the subject matter thereof in connection with its reports on the consolidated financial statements of the Company for such years, and (ii) no \”reportable events\” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).

The Company provided PBTK with a copy of this Current Report on Form 8-K and requested that PBTK provide the Company with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not PBTK agrees with the disclosure contained herein. A copy of PBTK’s letter, dated August 23, 2019, is attached as Exhibit 16.1 to this Current Report on Form 8-K.

During the fiscal years ended December 31, 2018 and December 31, 2017 and through the subsequent interim period as of June 30, 2019, neither the Company, nor any person acting on behalf of the Company, consulted Deloitte with respect to either (i) the application of accounting principles to a specified transaction, either completed or proposed, (ii) the type of the audit opinion that might be rendered on the Company’s consolidated financial statements, and no written report or oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, (iii) any matter that was either the subject of a disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions), or (iv) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.

FULL HOUSE RESORTS INC Exhibit
EX-16.1 2 ex161-pbtkletter.htm EXHIBIT 16.1 Exhibit Exhibit 16.1[PIERCY BOWLER TAYLOR & KERN LETTERHEAD]August 23,…
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About FULL HOUSE RESORTS, INC. (NASDAQ:FLL)

Full House Resorts, Inc. owns, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. The Company’s casino/resort segments include the Silver Slipper Casino & Hotel in Hancock County, Mississippi; the Rising Star Casino Resort in Rising Sun, Indiana, and the Northern Nevada segment, which consists of the Grand Lodge Casino in Incline Village, Nevada and Stockman’s Casino in Fallon, Nevada. The Company’s Development/Management segment includes costs associated with casino-related development and management projects. The Company has a leased property, Grand Lodge Casino. The Rising Star Casino Resort is located on the banks of the Ohio River in Rising Sun, Indiana. The Silver Slipper Casino & Hotel is situated on the far west end of the Mississippi Gulf Coast in Bay St. Louis, Mississippi. The Grand Lodge Casino is located within Hyatt Regency in Incline Village, Nevada on the north shore of Lake Tahoe.