Full House Resorts, Inc. reports recurring developments tied to its casino, hospitality and sports-wagering operations in the United States. Company news centers on operating results, property-level revenue trends and profitability at American Place, Chamonix/Bronco Billy’s and other regional casino assets.
Updates also cover casino development activity, hotel and amenity improvements, marketing and cost initiatives at Colorado operations, earnings release schedules, conference calls and completed leadership changes. The company’s recurring disclosures connect gaming revenue, hospitality amenities, segment performance and capital needs across its Midwest & South, West and Contracted Sports Wagering activities.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Full House Resorts, Inc. (FLL) reported Q4 2022 revenue of $36.1 million, down from $43.3 million YoY, with a net loss of $7.0 million. The Temporary by American Place opened on February 17, 2023, welcoming over 40,000 guests in its first 12 days. Chamonix Casino Hotel's construction is ongoing, projected to open in late 2023. The company extended its lease for Grand Lodge Casino to December 31, 2024, and completed a $40 million bond deal to secure financing. Despite challenges like increased competition from online gambling and adverse weather impacting revenues, the company's cash reserves stood at $191.2 million as of year-end 2022.
Full House Resorts (NASDAQ: FLL) will release its fourth quarter 2022 and full-year financial results on March 7, 2023, followed by a conference call at 4:30 p.m. ET. Investors can join via a live audio webcast accessible through the Company’s investor relations section at www.fullhouseresorts.com or by calling (201) 689-8470. A replay of the call will be available until March 21, 2023. The Company operates several gaming facilities across the U.S. and is currently developing the Chamonix Casino Hotel in Cripple Creek, Colorado.
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.