Full House Resor Stock Price, News & Analysis

Full House Resorts, Inc. (Nasdaq: FLL) announced the opening of its latest gaming venue, The Temporary by American Place, set to debut on February 17, 2023, pending regulatory approvals. Located in Lake County, Illinois, this casino features approximately 1,000 slot machines and 50 table games, alongside dining options like L’Américain and Asia-Azteca. CEO Daniel R. Lee expressed gratitude to the Illinois Gaming Board and the 500 founding employees for their contributions. The venue aims to attract local residents while offering a unique gaming experience with a lakeside design and various entertainment amenities.

Full House Resorts, Inc. (FLL) reported its third-quarter results for 2022, revealing a revenue decline to $41.4 million from $47.2 million year-over-year. Net loss totaled $3.6 million, or $0.10 per diluted share, impacted by preopening costs of $2.4 million. Key developments include the nearing opening of the Temporary Casino in Illinois and progress on the Chamonix Casino Hotel in Colorado, which recently reached a construction milestone. The company holds $241.8 million in cash, with $156.1 million reserved for Chamonix's completion, indicating strong liquidity despite the current financial loss.

Full House Resorts (NASDAQ: FLL) will announce its third quarter 2022 financial results on November 7, 2022, at 4:30 p.m. ET. Investors can join the live audio webcast on the company’s website or by calling (323) 794-2551. A replay will be accessible until November 21, 2022. The press release includes forward-looking statements, indicating that actual results may differ due to inherent uncertainties and risks. Full House Resorts owns and operates several gaming facilities and is actively constructing two new casinos in Illinois and Colorado.

Full House Resorts (Nasdaq: FLL) is set to commemorate the 'topping off' of its Chamonix Casino Hotel project on September 21, 2022, in Cripple Creek, Colorado. This new luxury hotel and casino, expected to open in mid-2023, will feature around 300 guest rooms, high-end amenities, and will be connected to the existing Bronco Billy's Casino, which is also undergoing renovations. The project aims to enhance the overall entertainment experience in Cripple Creek with a larger casino and various upscale facilities.

Full House Resorts (FLL) reported a net loss of $(4.4) million or $(0.13) per diluted share for Q2 2022, compared to income of $5.5 million in Q2 2021. Revenue decreased to $44.4 million from $47.4 million year-over-year. Key updates include significant construction progress at two major projects: The Temporary casino in Waukegan, Illinois, expected to open in late 2022, and Chamonix Casino Hotel in Colorado, anticipated for mid-2023. Despite construction delays, management maintains confidence in existing cash reserves and resources to complete both projects within budget.

Full House Resorts (NASDAQ: FLL) will announce its second quarter 2022 financial results on August 2, 2022, followed by a conference call at 4:30 p.m. ET. Investors can access the call via a live audio webcast on the company's website or by dialing (888) 220-8451. A replay will be available until August 16, 2022. The company operates several gaming facilities across the U.S. and is developing two new casinos: The Temporary at American Place and Chamonix Casino Hotel.

Full House Resorts reported Q1 2022 revenues of $41.4 million, down 1.9% from $42.2 million in Q1 2021. Net income was $0.1 million, an improvement from a net loss of $3.4 million the previous year. Adjusted EBITDA was $8.4 million, compared to $10.8 million in Q1 2021, affected by construction disruptions and competitive online sports wagering. Significant progress was made on projects, including The Temporary at American Place, expected to open in Fall 2022, and Chamonix Casino Hotel, projected for Q2 2023. The company remains optimistic about future growth.

Full House Resorts (NASDAQ: FLL) will announce its first quarter 2022 financial results on May 9, 2022, at 4:30 p.m. ET. The call will be accessible via an audio webcast on the company's website or by dialing (844) 826-3035 for U.S. callers and (412) 317-5195 for international callers. A replay will be available until May 23, 2022. The company operates various gaming facilities, including the Silver Slipper Casino and is developing new projects like American Place in Waukegan, Illinois, and Chamonix Casino Hotel in Cripple Creek, Colorado.

Full House Resorts reported a significant revenue increase of 13.1% in Q4 2021, totaling $43.3 million, and a full-year revenue growth of 43.5% to $180.2 million. Operating income surged to $37.6 million from $10.5 million in 2020, while net income rose to $11.7 million compared to $0.1 million previously. The company plans to open a temporary casino in Waukegan, Illinois in Summer 2022, with long-term development of a new entertainment destination. Adjusted EBITDA also soared to $47.2 million from $19.7 million in 2020.