Full House Resorts, Inc. (NASDAQ:FLL) Q4 2021 Earnings Conference Call March 8, 2022 4:30 PM ET Company Participants Lewis Fanger - Chief Financial Officer Dan Lee - Director, President & Chief Executive Officer Alex Stolyar - Senior Vice President & Chief Development Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Chad Beynon - Macquarie Edward Engel - ROTH Capital David Levine - MidOcean Operator Good day, ladies and gentlemen and welcome to the Full House Resorts Fourth Qua ...

Full House Resorts, Inc. (NASDAQ:FLL) Q2 2021 Earnings Conference Call August 10, 2021 4:30 PM ET Company Participants Lewis Fanger - Chief Financial Officer Dan Lee - Director, President & Chief Executive Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Chad Beynon - Macquarie Operator Ladies and gentlemen, good day, and welcome to the Full House Resorts Second Quarter Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference over ...

Financial Data and Key Metrics Changes - Consolidated revenues for Q1 2021 increased by approximately 37% to $42 million compared to the same quarter last year, with a 4% increase compared to Q1 2019 [5] - Adjusted EBITDA improved to $10.8 million, an increase of over $12 million compared to Q1 2019, attributed to labor efficiencies and refined operating hours [5][6] - On a trailing 9-month basis, adjusted EBITDA is over $33 million, indicating a strong position as the company moves into typically stronger quarters [6] Business Line Data and Key Metrics Changes - The newly created segment for contracted sports wagering generated nearly $1 million in Q1 2021, up from about $400,000 in the same period last year, due to more skins being live [8][24] - Mississippi operations performed well, benefiting from a refurbished casino and the absence of Mardi Gras in New Orleans, which typically draws visitors away [14] - Indiana reported $1.1 million in income for Q1 2021, a significant improvement from a loss in the same quarter last year [19] Market Data and Key Metrics Changes - The company noted strong performance in Mississippi and Indiana, while Colorado faced parking challenges due to ongoing construction [34] - Northern Nevada showed resilience despite COVID-related restrictions, with expectations for improved performance as restrictions ease [23] Company Strategy and Development Direction - The company is focused on the Chamonix growth project in Cripple Creek, Colorado, with $180 million remaining to complete the project [10] - Future projects are being considered in Waukegan, Illinois, and at the existing Silver Slipper property, with a commitment letter signed with a private equity firm for the Waukegan project [11][26] - The company aims to maintain a clean balance sheet and has issued new equity to strengthen its financial position for upcoming projects [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the return of older clientele as vaccination rates increase, which is crucial for business recovery [36][54] - The company anticipates that the strong performance seen in Q1 2021 may not be sustainable without ongoing stimulus checks, but remains focused on maintaining operational efficiencies [31][33] - Management highlighted the importance of adapting to changing consumer behaviors post-pandemic, including the potential for increased regional casino visits as people seek entertainment options [59] Other Important Information - The company has $278 million in cash at the end of the quarter, including $180 million in a restricted account for the Chamonix project, marking a historical high for cash reserves [13][29] - The company is actively managing construction costs for the Chamonix project amid inflation and material cost challenges, with contingency plans in place [41][42] Q&A Session Summary Question: How have trends been in April and May on gaming revenue and margins? - Management reported strong performance continuing into April, with expectations for a return to more normal revenue levels as stimulus checks are not expected to continue indefinitely [31][32] Question: Have you seen a change in traffic at the Silver Slipper post-restrictions lifting? - Management noted a positive trend in older clientele returning, which is crucial for business, while efforts are being made to retain younger customers [36][54] Question: Can you elaborate on the construction costs for Chamonix given inflation? - Management confirmed that the project is fully pre-funded, with contingency plans in place to address potential cost overruns [41][42] Question: What are the expectations for sports betting and iGaming revenues? - Management indicated that while current revenues are guaranteed at $7 million, there is potential for higher earnings as market shares increase and new opportunities arise [46][49]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K þ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended: December 31, 2020 ◻ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____ to ____ Commission File No. 001-32583 FULL HOUSE RESORTS, INC. (Exact name of registrant as specified in its charter) Delaware 13-3391527 (State or Other ...

Full House Resorts (NASDAQ:FLL) Q4 2020 Earnings Conference Call March 8, 2021 4:30 PM ET Company Participants Adam Campbell - Corporate Controller Lewis Fanger - Chief Financial Officer Alex Stolyar - Chief Development Officer Conference Call Participants David Bayne - Private Investor Ryan Sigdahl - Craig-Hallum Capital Chad Beynon - Macquarie John Dupree - Union Gaming Stephen Branstetter - ABL Investments Kenneth Pounds - Castlebury Advisory Operator Good day, and welcome to the Full House Resorts Fourt ...

Full House Resorts, Inc. (NASDAQ:FLL) Q3 2020 Earnings Conference Call November 5, 2020 4:30 PM ET Company Participants Lewis Fanger – Chief Financial Officer Daniel Lee – Chief Executive Officer Conference Call Participants Jordan Bender – Macquarie Ryan Sigdahl – Craig-Hallum Capital Operator Greetings, and welcome to the Full House Resorts Third Quarter Earnings Call. During the presentation all participants will be in a listen-only mode. [Operator Instructions] As a reminder, this conference is being re ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended: December 31, 2019 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | --- | --- | --- | --- | |---------------------------------------------------------------------------------------|------------------------------------------------------------------------|- ...

Full House Resorts, Inc. (NASDAQ:FLL) Q4 2019 Results Conference Call March 12, 2020 11:00 AM ET Company Participants Lewis Fanger - Chief Financial Officer Daniel Lee - Chief Executive Officer Conference Call Participants Chad Beynon - Macquarie Gary Ribe - Accretive Wealth Operator Good day, everyone. Welcome to the Full House Resorts Fourth Quarter Earnings Call. Today's conference is being recorded. At this time, I'd like to turn things over to Mr. Lewis Fanger, Chief Financial Officer of Full House Res ...

Sports Wagering Updates - In Indiana, Full House will receive a contractual minimum of $3.5 million of revenues per year when all three permitted "skins" are operational[5] - Full House received $2 million in 3Q19 and $1 million in 4Q19 related to one-time market access fees in Indiana[5] - In Colorado, Full House will receive a contractual minimum of $3.5 million of revenues per year when all three "skins" are operational[6] - Full House received all $3 million of one-time market access fees in Colorado in 4Q19[6] Financial Performance (4Q19 vs 4Q18) - Silver Slipper Casino and Hotel's Adjusted Property EBITDA decreased from $2.7 million to $0.8 million[8] - Rising Star Casino Resort's Net Revenue decreased from $12 million to $11.4 million[8] - Rising Star Casino Resort's Adjusted Property EBITDA decreased from $0.7 million to $0.2 million[9] - Bronco Billy's Net Revenue decreased from $6.4 million to $6.1 million[10] - Bronco Billy's Adjusted Property EBITDA decreased from $0.6 million to -$0.1 million[10] - Northern Nevada's Net Revenue decreased from $4.9 million to $4.6 million[11] - Northern Nevada's Adjusted Property EBITDA decreased from $0.8 million to $0.3 million[12] Balance Sheet - Total outstanding debt at year-end was $107.9 million[14] - The Company had $29.9 million of cash and equivalents at year-end, approximately 28% of total debt[14]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-32583 FULL HOUSE RESORTS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorpo ...