Full House Resorts, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 04:08 pm
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Full House Resorts, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 31.9 million compared to USD 37.16 million a year ago. Revenue was USD 44.38 million compared to USD 47.44 million a year ago. Net loss was USD 4.36 million compared to net income of USD 5.48 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to basic earnings per share from continuing operations of USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to diluted earnings per share from continuing operations of USD 0.15 a year ago.
For the six months, sales was USD 63.16 million compared to USD 71.43 million a year ago. Revenue was USD 85.81 million compared to USD 89.65 million a year ago. Net loss was USD 4.25 million compared to net income of USD 2.04 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to basic earnings per share from continuing operations of USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to diluted earnings per share from continuing operations of USD 0.06 a year ago.
Full House Resorts, Inc. owns, leases, develops and operates gaming facilities throughout the country. The Company operates seven casinos: six on real estate that it owns, or leases and one located within a hotel owned by a third party. The Company operates through three segments: Midwest & South, West, and Contracted Sports Wagering. The Midwest & South segment includes Silver Slipper Casino and Hotel, Rising Star Casino Resort and American Place. The West segment includes Grand Lodge, Stockmanâs Casino, Bronco Billyâs Casino and Hotel, and Chamonix Casino Hotel. The Contracted Sports Wagering segment consists of its on-site and online sports wagering skins in Colorado, Indiana, and Illinois. Its properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Chamonix Casino Hotel and Bronco Billyâs Casino and Hotel in Cripple Creek, Colorado; and Rising Star Casino Resort in Rising Sun, Indiana, among others.