Full House Resorts Inc (OQ:FLL)

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
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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

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