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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
Full House Resorts Revenue by Segment
Revenue by Segment
Midwest & South Revenue
CapyFin.comWest Revenue
CapyFin.comContracted Sports Wagering Revenue
CapyFin.com Forward Guidance
The company expects to complete the opening of Chamonix's spa and unveil its street-front jewelry store during the third quarter.
Revenue & Expenses
Visualization of income flow from segment revenue to net income