FULL HOUSE RESORTS INC 8K

Full House Resorts, Inc. announced its first quarter 2026 results, showing improved operating income and Adjusted EBITDA, a narrower net loss, and progress on financing and construction plans for its permanent American Place casino in Illinois.

Full House Resorts, Inc. reported its unaudited financial results for the quarter ended March 31, 2026, highlighting strong operational performance led by its American Place Casino and improving profitability in its Colorado properties. Consolidated revenues were $74.4 million, down slightly from $75.1 million a year earlier due primarily to the 2025 sale of Stockman’s Casino and the termination of a sports wagering contract, while operating income increased 218% to $2.4 million. The company’s net loss narrowed to $8.2 million (or $0.23 per diluted share) from $9.8 million, and Adjusted EBITDA rose 14.7% to $13.2 million, reflecting growth at most casino properties. Management detailed progress on the planned permanent American Place facility in Waukegan, Illinois, including city approval of earthmoving plans, engagement of Power Construction and W.A. Richardson Builders, and ongoing efforts to arrange project financing and refinance $450 million of senior secured notes due 2028, which are currently callable at par. The company noted an expected 18–24 month construction timeline for the permanent casino, the need for pending Illinois legislation to extend the allowed operating period of the temporary casino, and an extension of its revolving credit facility maturity from January 1, 2027 to August 15, 2027, and also provided non-GAAP reconciliations and segment-level results for its Midwest & South, West, and Contracted Sports Wagering segments.

Filing Facts

CIK

891482

Ticker

-

Form

8K

Source Type

sec

Accession

0000891482-26-000023

Alert Tier

6