Q1 2025 Full House Resorts Inc Earnings Call Transcript

May 8, 2025 / 08:30 PM GMT

Release Date Price: €2.9 (+7.41%)

Transcript 10-Q8-K

Key Points

Positve

Full House Resorts Inc (FLL) reported a 21% increase in adjusted property EBITDA at Silver Slipper despite a small decline in revenue.
The company has implemented cost-saving measures, achieving over $2 million in annualized savings at Silver Slipper.
Revenue at Chamonix and Broncho Billies grew by 34% in the first quarter.
American Place achieved a record gaming revenue month in March, crossing $10 million for the first time.
The company has extended the maturity date of its revolver from March 2026 to January 2027, improving financial flexibility.

Negative

Despite revenue growth, expenses at Chamonix and Broncho Billies grew at a similar pace, resulting in a slight EBITDA loss.
The company faced challenges with management at Chamonix, leading to significant personnel changes.
The sports wagering contract business has been impacted, with some contracts falling out and challenges in securing new partnerships.
The temporary casino at American Place incurs over $100,000 a month in rent for modular kitchens and offices, affecting margins.
The company is facing uncertainties in the bond market, which could impact financing for the permanent American Place facility.

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

FLL.OQ - Full House Resorts Inc
Q1 2025 Full House Resorts Inc Earnings Call
May 08, 2025 / 08:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good afternoon ladies and gentlemen, and welcome to the Full House Resorts first quarter 2025 earnings call.

At this time, all lines are in listen-only mode.

Following the presentation, we will conduct a question and answer session.

If at any time during this call you require immediate assistance, please press 0 for the operator.

This call is being recorded on Thursday, May 8th of 2025.

I would now like to turn the conference over to Adam Campbell. Please.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Go ahead.

-------

Already have an account? Log in

Get the full story

Subscribe Now

	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

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.