Revenue Performance - Revenues for the third quarter of 2024 were $75.7 million, a 5.9% increase from $71.5 million in the prior-year period[2] - American Place Casino's revenues rose 17.7% to $28.1 million, with Adjusted Property EBITDA increasing by 13.6% to $7.7 million compared to the third quarter of 2023[8] - Gaming revenues in Cripple Creek, Colorado, increased by 115% year-over-year, with total revenues from Colorado operations rising 178%[4] - Casino revenues increased to $56,116,000 for the three months ended September 30, 2024, compared to $50,240,000 for the same period in 2023, representing a growth of 11.7%[22] - Total revenues for the nine months ended September 30, 2024, reached $219,103,000, up from $181,031,000 in the same period of 2023, marking a 21.0% increase[22] - The Midwest & South segment reported total revenues of $54,510,000 for the three months ended September 30, 2024, an increase of 3.7% compared to $52,553,000 in 2023[25] Adjusted EBITDA and Income - Adjusted EBITDA for the third quarter of 2024 was $11.7 million, down from $20.6 million in the prior-year period due to elevated costs at Chamonix[2] - Adjusted EBITDA for the three months ended September 30, 2024, was $11,742,000, a decrease of 43.2% from $20,630,000 in the same period of 2023[28] - Operating income for the three months ended September 30, 2024, was $2,449,000, a decline from $10,357,000 in the same period of 2023[22] - Net loss for the three months ended September 30, 2024, was $(8,472,000), compared to a net income of $4,593,000 in the same period of 2023[28] - Basic loss per share for the three months ended September 30, 2024, was $(0.24), compared to earnings of $0.13 per share in the same period of 2023[22] Segment Performance - The Midwest & South segment reported revenues of $54.5 million, a 3.7% increase, while Adjusted Segment EBITDA decreased by 12.8% to $10.2 million[8] - The West segment's revenues rose 74.9% to $19.4 million, but Adjusted Segment EBITDA fell to $1.2 million from $2.3 million due to high operating expenses[10] - For the three months ended September 30, 2024, the Midwest & South segment reported an operating income of $4,091, while the Contracted Sports Wagering segment reported an operating income of $2,037, leading to a total adjusted segment EBITDA of $13,484[29] - For the nine months ended September 30, 2024, the Midwest & South segment achieved an operating income of $16,134, with total adjusted segment EBITDA reaching $35,206[31] - The Corporate segment reported an operating loss of $2,538 for the three months ended September 30, 2024, and a loss of $7,698 for the nine months ended September 30, 2024[29][31] Costs and Expenses - Selling, general and administrative expenses rose to $26,738,000 for the three months ended September 30, 2024, compared to $22,017,000 in the same period of 2023, an increase of 21.5%[22] - The total depreciation and amortization for the three months ended September 30, 2024, was $10,493, indicating ongoing investment in asset maintenance[29] - The Corporate segment incurred stock-based compensation costs of $706 for the three months ended September 30, 2024[29] Future Outlook and Risks - The company anticipates future operational performance improvements at Chamonix and American Place, including the ramp-up of operations and potential relocation of Rising Star Casino[33] - The company is facing risks related to substantial indebtedness and potential disruptions in supply chains, which could impact future performance[33] - The company is exploring the potential relocation of Rising Star Casino Resort, which would require state legislature approval[9] Other Notable Events - Chamonix Casino Hotel celebrated its official grand opening, with a marketing campaign set to commence following the event[5] - The company agreed to sell Stockman's Casino for $9.2 million, recognizing a $2.0 million gain from the sale of its real property[12] - The company operates multiple gaming facilities across the U.S., including American Place and Silver Slipper Casino, contributing to its diversified revenue streams[34] - Contracted Sports Wagering revenues decreased by 77.4% to $1,790,000 for the three months ended September 30, 2024, down from $7,905,000 in the same period of 2023[24] - Project development costs for the nine months ended September 30, 2024, included $119, while preopening costs were reported at $2,462[31]

Core Viewpoint - Full House Resorts is set to report its third quarter 2024 financial results on November 6, 2024, followed by a conference call for investors [1]. Group 1 - The conference call will take place at 4:30 p.m. ET (1:30 p.m. PT) and will be accessible via the company's website and by phone [1]. - A replay of the conference call will be available from shortly after the call until November 13, 2024, accessible through the company's website and by dialing a specific number with a passcode [2]. Group 2 - Full House Resorts operates various gaming facilities across the United States, including properties in Illinois, Mississippi, Colorado, Indiana, Nevada, and California [4].

Full House Resorts, Inc. (FLL) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -38.89%. A quarter ago, it was expected that this company would post a loss of $0.15 per share when it actually produced a loss of $0.33, delivering a surprise of -120%. Over the last four quarters, the company ha ...

Full House Resorts, Inc. (FLL) shares rallied 6.4% in the last trading session to close at $5.30. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.3% gain over the past four weeks. This company is expected to post quarterly loss of $0.14 per share in its upcoming report, which represents a year-over-year change of +12.5%. Revenues are expected to be $79.1 million, up 33.2% from the year-ago quarter. The stoc ...

LAS VEGAS, July 09, 2024 (GLOBE NEWSWIRE) -- Full House Resorts (NASDAQ:FLL) announced today that it will report its second quarter 2024 financial results on Tuesday, August 6, 2024, followed by a conference call at 4:30 p.m. ET (1:30 p.m. PT). Investors can access the live audio webcast from the Company's website at www.fullhouseresorts.com under the investor relations section. The conference call can also be accessed by dialing (201) 689-8470. A replay of the conference call will be available shortly afte ...

Financial Performance - Consolidated total revenues increased by 39.6% to $69.9 million for the three months ended March 31, 2024, compared to $50.1 million in the prior-year period[113] - Adjusted Segment EBITDA rose by 21.7% to $14.5 million for the three months ended March 31, 2024, compared to $11.9 million in the prior year[125] - Non-casino revenue increased by 14.8% (or $1.8 million) for the three months ended March 31, 2024, largely due to a 23.4% increase in food and beverage revenue[138] - Adjusted EBITDA for the three months ended March 31, 2024, was $12.4 million, up from $10.1 million in the same period of 2023, reflecting a growth of 22.7%[151] - The net loss for the three months ended March 31, 2024, was $11.3 million, a slight improvement from a net loss of $11.4 million in the prior-year period[113] Revenue Sources - Gaming revenues from the integrated Bronco Billy's/Chamonix facility increased by $3.6 million, or 115.6%, while other properties experienced a decline of $2.0 million, or 8.6%[116] - Slot coin-in increased by 34.2% to $724.8 million, while slot win rose by 29.1% to $53.1 million[114] - Table game drop surged by 80.8% to $46.9 million, with table game win increasing by 109.6% to $9.3 million[114] - Casino revenue in the Midwest & South segment increased by 41.8% (or $12.1 million) for the three months ended March 31, 2024, driven by the opening of American Place[137] - Contracted Sports Wagering revenues grew by 91.5% to $2.3 million, with Adjusted Segment EBITDA increasing by 66.7% to $1.9 million, reflecting the launch of the Illinois sports skin in August 2023[146] Operational Developments - The phased opening of Chamonix began on December 27, 2023, with approximately one-third of its 300 guestrooms operational[104] - American Place, opened in February 2023, includes approximately 940 slot machines and 48 table games[105] - The company operates seven casinos and has seven permitted sports wagering "skins" across three states[98] - The phased opening of Chamonix began on December 27, 2023, with a high-end steakhouse opening in April 2024[164] - The temporary American Place facility opened in February 2023, with plans for modest additional investments in 2024[165] Expenses and Financial Obligations - Operating expenses rose by 23.5% to $70.5 million, primarily due to the operations at American Place and Chamonix[117] - Interest expense for the three months ended March 31, 2024, increased to $10.2 million from $9.0 million in the prior year, primarily due to reduced capitalized interest[119] - Corporate expenses increased by 16.6% to $2.1 million for the three months ended March 31, 2024, compared to $1.8 million in the prior-year period[149] - Cash used in operations during the three months ended March 31, 2024, was $4.4 million, an improvement from $7.3 million in the prior-year period[157] - Long-term debt stood at $450.0 million under the Notes and $27.0 million under the Credit Facility as of March 31, 2024[162] Future Outlook and Strategic Plans - The company expects to need additional financing for the permanent American Place facility, with potential delays due to ongoing lawsuits[165] - The company anticipates significant growth in operational performance for the upcoming projects, including Chamonix and American Place, with expected construction budgets and timelines yet to be finalized[172] - The company expects to generate operating cash flow and secure debt financing on reasonable terms for the construction of the permanent American Place facility[172] - The company is focused on capital improvements and other projects, with investments planned that will impact financial results, although specific amounts and timelines are not disclosed[172] - The company is evaluating the adequacy of its financial resources to meet operating requirements and planned capital expenditures, as well as to fulfill debt obligations[173] Risk Factors and Disclosures - The company acknowledges potential risks that could cause actual results to differ materially from forward-looking statements, including economic conditions and competitive outlook[173] - The company does not undertake any obligation to publicly update forward-looking statements unless required by law, indicating a cautious approach to future projections[174] - The company emphasizes that reports from securities analysts are not endorsed and do not reflect the company's internal forecasts or confidential information[174] - The company has not disclosed any quantitative or qualitative disclosures about market risk in this report[176]

Revenue Growth - Revenues increased 39.6% to $69.9 million in Q1 2024, up from $50.1 million in the prior-year period[2] - American Place generated $25.8 million in revenue and $7.4 million in Adjusted Property EBITDA, representing increases of 147.7% and 106.6% respectively compared to Q1 2023[9] - Midwest & South segment revenues were $54.6 million, a 33.9% increase from $40.8 million in the prior-year period[9] - West segment revenues rose 60.4% to $13.0 million in Q1 2024, compared to $8.1 million in the prior-year period[9] - Contracted Sports Wagering segment revenues were $2.3 million in Q1 2024, up from $1.2 million in the prior-year period[9] - The company anticipates significant growth in revenues from Colorado operations, which have more than doubled compared to 2023[4] - American Place revenues increased by 147.7% to $25,808,000 from $10,420,000 year-over-year[18] - Contracted Sports Wagering total revenues rose by 91.5% to $2,260,000 compared to $1,180,000 in the same period last year[18] Adjusted EBITDA - Adjusted EBITDA rose 22.6% to $12.4 million in Q1 2024, compared to $10.1 million in the prior-year period[2] - Adjusted EBITDA for the three months ended March 31, 2024, was $12,409,000, an increase from $10,125,000 in the same period of 2023[20] Net Loss - Net loss for Q1 2024 was $11.3 million, or $(0.33) per diluted share, consistent with the prior-year period[2] - The net loss for the quarter was $11,272,000, slightly improved from a net loss of $11,415,000 in the previous year[20] Operational Costs - Preopening costs for the quarter were $1,663,000, down from $10,497,000 in the same period last year[20] - The company anticipates potential risks related to construction budgets and operational performance for its properties, including American Place and Chamonix[23] - The company is focused on managing expenses and completing construction projects on time and within budget, amidst various market challenges[23] Cash Position - As of March 31, 2024, the company had $46.3 million in cash and cash equivalents, including $20.6 million reserved for Chamonix construction[6] Property Developments - Chamonix Casino Hotel's phased opening began in late December 2023, with full operations expected to enhance revenue and profitability over time[4] - Full House Resorts operates multiple gaming facilities across the U.S., including American Place in Illinois and Silver Slipper Casino in Mississippi[24] Same-Store Performance - Midwest & South same-store total revenues decreased by 5.1% to $28,824,000 compared to $30,382,000 in the previous year[18] - Adjusted Segment EBITDA for Midwest & South decreased by 25.5% to $5,301,000 from $7,114,000 year-over-year[18]

Risks Related to our Legal and Regulatory Environment ● We face extensive regulation from gaming and other regulatory authorities and the cost of compliance or failure to comply with such regulations may adversely affect our business and results of operations. ● Changes in legislation and regulation of our business could have an adverse effect on our financial condition, results of operations and cash flows. ● Stockholders may be required to dispose of their shares of our common stock if they are found unsu ...

Exhibit 99.1 FULL HOUSE RESORTS ANNOUNCES FOURTH QUARTER AND FULL-YEAR RESULTS - Revenues Increased 66.4% to $60.0 Million in the Fourth Quarter of 2023; Annual Revenues Grew 47.6% - Chamonix Casino Hotel Began Its Phased Opening on December 27, 2023 - Approvals Received to Operate American Place in Its Temporary Configuration Until August 2027 Las Vegas – March 5, 2024 – Full House Resorts, Inc. (Nasdaq: FLL) today announced results for the fourth quarter and year ended December 31, 2023. "After several ye ...

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Full House Resorts (NASDAQ:FLL) announced today that it will report its fourth quarter 2023 and full-year financial results on Tuesday, March 5, 2024, followed by a conference call at 4:30 p.m. ET (1:30 p.m. PT). Investors can access the live audio webcast from the Company's website at www.fullhouseresorts.com under the investor relations section. The conference call can also be accessed by dialing (201) 689-8470. A replay of the conference call will be available ...