Full House Resorts Inc (FRA:F4L)
€ 1.76 -0.19 (-9.74%) Market Cap: 66.28 Mil Enterprise Value: 492.09 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 70/100

Q2 2025 Full House Resorts Inc Earnings Call Transcript

Aug 7, 2025 / 08:30 PM GMT
Release Date Price: €3.84 (+1.59%)

Key Points

Positve
  • Full House Resorts Inc (FLL) reported record revenue of $30.7 million at its Temporary American Place facility, marking a 13% increase.
  • The company achieved record adjusted property EBITDA of $8.9 million at American Place, up 17%.
  • Customer awareness and new sign-ups at American Place are growing, with the database recently surpassing 107,000 people.
  • Chamonix's gaming revenue continues to grow without negatively impacting competitors, indicating an under-saturated market.
  • Cost structure at Chamonix is fully established, allowing for meaningful EBITDA flow-through as revenues grow.
Negative
  • Silver Slipper's revenue decreased by $1.6 million due to reduced overcoming levels and a parking garage issue.
  • The Tahoe property is facing challenges due to ongoing renovations and reduced high-end suite availability.
  • Chamonix's new management team had limited impact in Q2 due to the long lead time for marketing initiatives.
  • The company faces potential delays in refinancing its existing debt, dependent on bond market conditions.
  • Rising Star Casino faces intense competition and geographical challenges, limiting its profitability.


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

FLL.OQ - Full House Resorts Inc
Q2 2025 Full House Resorts Inc Earnings Call
Aug 07, 2025 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Greetings and welcome to the Full House Resort's 2nd quarter 2025 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone requires operator assistance during the conference, please press 0 on your telephone keypad. As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Louis Fenger, President of Full House. You may begin.

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Unidentified_2 [2]
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Actually, go ahead and kick it off, Adam. Sorry.

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