Full House Resorts, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 09, 2023 at 01:35 am IST
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Full House Resorts, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 38.13 million compared to USD 31.26 million a year ago. Revenue was USD 50.11 million compared to USD 41.42 million a year ago.
Net loss was USD 11.42 million compared to net income of USD 0.11 million a year ago. Basic loss per share from continuing operations was USD 0.33. Diluted loss per share from continuing operations was USD 0.33.
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.