Full House Resorts Q2 Revenue Rises 5.6%, Loss Narrows as American Place Hits Records
FLL is trading near its 52-week low of $2.02 (3.5% above the low).
Summary
Full House Resorts posted Q2 revenue of $78.1M, up 5.6% year-over-year, though slightly below the $78.36M consensus. Adjusted EBITDA jumped 19.5% to $13M, and the net loss narrowed to $8.7M from $10.4M as operating income turned positive. American Place casino set property records with 13.4% revenue growth, while Chamonix/Bronco Billy's grew 11.7% on new marketing. The permanent American Place facility is now expected in the second half of 2028, with renovation disruptions at Grand Lodge continuing until late 2027. The stock trades near its 52-week low of $2.02, so improving property-level trends and a shrinking loss could shift sentiment if the ramp-up continues.
At the time of this announcement, FLL was trading at $2.09 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $79.4M. The 52-week trading range was $2.02 to $4.56. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.