Sector: Consumer Cyclicals | Industry: Casinos & Gaming |
See Regulatory Filings on SEC |
Company Contact | |
Address: | One Summerlin 1980 Festival Plaza Dr, Ste 680 LAS VEGAS NV 89135 |
Tel: | 1-702-2217800 |
Website: | https://fullhouseresorts.com |
IR: | See website |
Key People | ||
Daniel R. Lee President, Chief Executive Officer, Director | Lewis A. Fanger Chief Financial Officer, Senior Vice President, Treasurer, Director | John Ferrucci Senior Vice President, Chief Operating Officer | Elaine Louise Guidroz Senior Vice President, Compliance Officer, General Counsel, Secretary |
Business Overview |
Full House Resorts, Inc. owns, leases, develops and operates gaming facilities throughout the country. The Company operates seven casinos: six on real estate that it owns, or leases and one located within a hotel owned by a third party. The Company operates through three segments: Midwest & South, West, and Contracted Sports Wagering. The Midwest & South segment includes Silver Slipper Casino and Hotel, Rising Star Casino Resort and American Place. The West segment includes Grand Lodge, Stockman's Casino, Bronco Billy's Casino and Hotel, and Chamonix Casino Hotel. The Contracted Sports Wagering segment consists of its on-site and online sports wagering skins in Colorado, Indiana, and Illinois. Its properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Chamonix Casino Hotel and Bronco Billy's Casino and Hotel in Cripple Creek, Colorado; and Rising Star Casino Resort in Rising Sun, Indiana, among others. |
Financial Overview |
For the fiscal year ended 31 December 2023, Full House Resorts Inc revenues increased 48% to $241.1M. Net loss increased 68% to $24.9M. Revenues reflect Midwest & South segment increase of 60% to $192.4M, Contracted sports wagering segment increase of 78% to $12.8M. Higher net loss reflects Midwest & South segment income decrease of 97% to $428K, West segment loss totaling $5.7M vs. income of $394K. |
Employees: | 1,549 as of Mar 1, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $610.84M as of Dec 31, 2023 |
Annual revenue (TTM): | $241.06M as of Dec 31, 2023 |
EBITDA (TTM): | $29.94M as of Dec 31, 2023 |
Net annual income (TTM): | -$24.90M as of Dec 31, 2023 |
Free cash flow (TTM): | -$126.24M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $433.40M as of Dec 31, 2023 |
Shares outstanding: | 34,590,150 as of Mar 13, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |