LAS VEGAS, September 21, 2006 - Full House Resorts (AMEX: FLL) announced today that it has entered into a consulting agreement with Lee Iacocca, one of its directors. The former Chrysler Corporation Chairman and CEO will provide services to help market and advertise the company and its projects over the next three years. In exchange, Mr. Iacocca will receive shares of the company’s common stock in accordance with the company’s 2006 Incentive Compensation Plan. The services will include the use of Mr. Iacocca’s name and likeness and appearances by Mr. Iacocca as his schedule permits.

In the 1980’s Iacocca turned around Chrysler Corporation, which had been on the verge of bankruptcy and, by appearing in media advertising, made famous the line “If you can find a better car, buy it.” He reprised this role in the summer of 2005 appearing along with the likes of Jason Alexander and Snoop Dog in a series of TV commercials for Chrysler.

Andre M. Hilliou, Chief Executive Officer of Full House said, “We are pleased that Mr. Iacocca has agreed to lend his business persona to our company and show our partners, clients and customers the quality of effort and product this company offers. With our casino projects in various stages of development, we are looking forward to the future when advertising our properties will be an important part of our business.”

About Full House Resorts, Inc.

Full House develops and manages gaming facilities. Full House manages Midway Slots and Simulcast at the Delaware State Fairgrounds in Harrington, Delaware, along with the owner of the adjacent racetrack.  Midway Slots and Simulcast has a total of 1,581 gaming devices, a 350-seat buffet, a 50-seat diner, gourmet Steak House and an entertainment lounge.  The Company also has a management agreement with the Nottawaseppi Huron Band of Potawatomi Indians for the development and management of a first-class casino/resort with more than 2,000 gaming devices in the Battle Creek, Michigan area, which is currently in development.    In addition, the Company has a Gaming Management Agreement with the Nambé Pueblo of New Mexico for the development of a coordinated entertainment venue centered on a 50,000 square foot casino and with the Northern Cheyenne Nation of Montana for the development and management of a 27,000 square foot gaming facility.  The Company was recently selected by both the Manuelito Chapter of Navajo Indians to develop and manage a gaming facility near Gallup, New Mexico and the Shiprock Chapter of Navajo Indians to develop and manage a gaming facility at Shiprock, New Mexico, subject to the approval of the Navajo Nation.  The Company recently signed an agreement to acquire the Stockman’s Casino and Holiday Inn Express in Fallon, Nevada. A closing is anticipated in early 2007 subject to regulatory approvals. Stockman’s Casino completed a renovation, which results in a total of almost 8,400 square feet of gaming space with approximately 280 gaming machines, 4 table games and a keno game.  The casino has a bar, a fine dining restaurant and a popular coffee shop.  The Holiday Inn Express has 98 guest rooms, indoor and outdoor swimming pools, a sauna, fitness club, meeting room and business center. Further information about the Company can be viewed on our web site at www.fullhouseresorts.com.

Forward-looking Statements  

Some of the statements made in this release are forward-looking statements. These forward-looking statements are based upon our current expectations and projections about future events and generally relate to our plans, objectives and expectations for our business. Although our management believes that the plans and objectives expressed in these forward-looking statements are reasonable, the outcome of such plans, objectives and expectations involve risks and uncertainties, including without limitation, regulatory approvals, financing sources and terms, integration of acquisitions, competition and business conditions in the gaming industry.  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.

For the foregoing reasons, readers and investors are cautioned that there also can be no assurance that the outcomes expressed in our forward-looking statements included in this release and otherwise will prove to be accurate. In light of the significant uncertainties inherent in such forward-looking statements, the inclusion of such information should not be regarded as a representation or warranty by Full House or any other person that Full House's objectives and plans will be achieved in any specified time frame, if at all. Full House does not undertake any obligation to update any forward-looking statements or to announce revisions to any forward-looking statements.

For further information, contact

Andre Hilliou, Chief Executive Officer
Full House Resorts, Inc.
702-221-7800
www.fullhouseresorts.com