Full House Resorts Q2 revenue climbs 5.6% to $78.1M as American Place temporary facility extended to 2029

summarizeSummary

Full House Resorts reported Q2 2026 revenue of $78.1M, up 5.6% year-over-year, with Adjusted EBITDA rising 19.5% to $13.3M. The company also secured an extension to operate its temporary American Place facility until February 2029 and is advancing permanent financing.

check_boxKey Events · Earnings and Guidance · FLL

• Q2 Revenue and EBITDA Growth

  Consolidated revenues rose 5.6% to $78.1 million, with Adjusted EBITDA up 19.5% to $13.3 million, led by American Place (revenue +13.4%) and Chamonix/Bronco Billy's (+11.7%).

• American Place Temporary Facility Extended

  Approval was received to operate the temporary American Place facility through February 2029, providing continuity while the permanent casino is built (expected opening H2 2028).

• Permanent Financing Progress

  Management noted significant progress toward full financing of the permanent American Place and refinancing of all primary debt, though legal documentation is taking longer than expected.

• Liquidity and Debt Profile

  As of June 30, 2026, liquidity was $48.4 million ($33.4M cash, $15M undrawn revolver). Debt includes $450 million senior secured notes due 2028, currently callable at par.

auto_awesomeAnalysis · FLL · Real Estate & Construction

A solid quarter saw revenue up 5.6% and Adjusted EBITDA up 19.5%, fueled by the newest properties. The extension of the American Place temporary facility to 2029 and progress on permanent financing remove near-term uncertainty, though the $450M debt maturity in 2028 remains a key focus. While the growth trajectory is intact, the company is still loss-making and highly leveraged.