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Jun 30, 2024
Full House Resorts Q2 2024 Earnings Report
Full House Resorts reported a revenue increase of 23.8% to $73.5 million. Net loss was $8.6 million, or $(0.25) per diluted common share. Adjusted EBITDA rose 34.6% to $14.1 million, driven by American Place's strong growth and accelerated revenue from an online sports wagering skin.
Key Takeaways
Full House Resorts announced strong second-quarter results with revenue growth driven by American Place and Chamonix Casino Hotel. The company reported increased visitation and unveiling of new amenities at Chamonix. Angi Truebner-Webb was promoted to VP and General Manager of the Silver Slipper Casino and Hotel.
Revenues increased 23.8% to $73.5 million.
Net loss was $8.6 million, or $(0.25) per diluted common share.
Adjusted EBITDA rose 34.6% to $14.1 million.
Chamonix Casino Hotel continued its phased opening, with new amenities.
Full House Resorts
Full House Resorts
Forward Guidance
The company expects to complete the opening of Chamonix's spa and unveil its street-front jewelry store during the third quarter.