Affinity Gaming, which was purchased by Z Capital Partners last year, is interested in expanding its portfolio. According to an announcement by the company, it is considering the acquisition of casino operator Full House Resorts.

As planned, the deal would see Affinity acquire Full House for cash and/or stock. The company puts the value of the acquisition at $132.5 million, which is the equivalent of $1.79 per share if the deal is settled completely through stock.

According to James Zenni, the company’s chairman of the board and CEO of Z Capital Partners, “Our proposal represents a unique and compelling opportunity to maximise value for stockholders and stakeholders in both companies.”

Zenni added, “Combining Full House’s custom-designed, regional gaming properties with Affinity’s complementary portfolio will create a best-in-class platform for value creation in this consolidating market.