Full House Resorts, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 05, 2024 at 04:05 pm EST
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Full House Resorts, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 47.72 million compared to USD 27.79 million a year ago. Revenue was USD 60.03 million compared to USD 36.08 million a year ago. Net loss was USD 12.48 million compared to USD 6.98 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.36 compared to USD 0.2 a year ago.
For the full year, sales was USD 186.36 million compared to USD 123.16 million a year ago. Revenue was USD 241.06 million compared to USD 163.28 million a year ago. Net loss was USD 24.9 million compared to USD 14.8 million a year ago. Basic loss per share from continuing operations was USD 0.72 compared to USD 0.43 a year ago. Diluted loss per share from continuing operations was USD 0.72 compared to USD 0.43 a year ago.
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, Stockmanâs Casino, Bronco Billyâs 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 Billyâs Casino and Hotel in Cripple Creek, Colorado; and Rising Star Casino Resort in Rising Sun, Indiana, among others.