Full House Resorts Inc (NAS:FLL)
$ 2.095 -0.090 (-4.13%) Market Cap: 76.77 Mil Enterprise Value: 569.96 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 70/100

Q3 2025 Full House Resorts Inc Earnings Call Transcript

Nov 6, 2025 / 07:00 PM GMT
Release Date Price: $2.62 (+9.62%)

Key Points

Positve
  • Full House Resorts Inc (FLL) reported a strong quarter with revenues rising to $78 million, marking a 5% growth on an apples-to-apples basis.
  • Adjusted EBITDA increased by 26% to $14.8 million, driven by strong performances at American Place in Illinois and Chamonix in Colorado.
  • The temporary casino at American Place achieved record revenue and profitability, with revenues increasing by 14% to $32 million.
  • The company received unanimous site approval from the Waukegan City Council for the permanent American Place facility, reducing the project's total budget from $325 million to $302 million.
  • Chamonix in Colorado showed significant improvement with revenues rising by more than 7% and adjusted property EBITDA increasing by $2.8 million from the previous year.
Negative
  • The company faces potential competition from a proposed new casino in Kenosha, Wisconsin, although it is considered unlikely to materialize soon.
  • Full House Resorts Inc (FLL) is dealing with challenges in securing financing for the permanent American Place facility, with potential delays in construction.
  • The company's bonds are trading at lower levels, possibly due to negative market sentiment and short-selling activities.
  • Rising Star and Silver Slipper properties showed flat performance on a combined basis, indicating limited growth in those areas.
  • The Grand Lodge property was affected by renovation disruptions at the Hyatt Lake Tahoe, impacting its performance.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

FLL.OQ - Full House Resorts Inc
Q3 2025 Full House Resorts Inc Earnings Call
Nov 06, 2025 / 07:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Greetings. Welcome to Full House Resorts. Third quarter 2025 earnings call. At this time, all participants are in a listed only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press 0 on your telephone keypad. Please note this conference is being recorded.

I will now turn the conference over to Adam Campbell, corporate controller.

Thank you. May I begin?

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you. Good afternoon everyone. Welcome to our 3rd
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot