Earnings ·
Reports Q3 net loss of $(8.6)M as consolidated revenues rise 4.9% to $81.8 million
FLLFull House Resorts Inc
Full House Resorts reported a third-quarter net loss of $8.6 million, or $0.24 per diluted share, compared to a $7.7 million loss in the prior-year period. Consolidated revenues increased 4.9% year-over-year to $81.8 million, driven by strong growth at American Place Casino and increases at Chamonix/Bronco Billy’s and Rising Star Casino. Adjusted EBITDA was $14.6 million, slightly down from $14.8 million in the prior year. The company maintains $45.7 million in liquidity and has $450.0 million in senior secured notes due 2028. Full House Resorts operates a portfolio of casino resorts primarily in Colorado and Illinois.