secwatch.observer — SEC 8-K summary
======================================

Issuer:     FULL HOUSE RESORTS INC (FLL)
CIK:        0000891482
Form:       8-K
Filed at:   2022-01-19T23:59:59+00:00
Accession:  0000891482-22-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Full House Resorts reports preliminary Q4 revenue growth but lower EBITDA; updates American Place and Chamonix projects
--------------------------------------------------------------------------------

- Q4 2021 revenue expected $43.0M-$43.5M, up from $38.3M YoY; adjusted EBITDA $7.3M-$8.5M (vs $9.8M) due to adverse hold and $1.7M corporate expenses.
- Full year 2021 revenue expected $179.9M-$180.4M, highest in 8 years; adjusted EBITDA $46.6M-$47.8M (vs $19.7M in 2020).
- The Temporary by American Place: ~$100M investment; ~1,000 slots, 50 table games; opening mid-2022; financed with new debt.
- Chamonix Casino Hotel budget revised to $250M (increase); expects Q2 2023 opening; cites supply chain and inflation.
- Cash and equivalents ~$265M, including ~$177M restricted for Chamonix construction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891482/000089148222000003/0000891482-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891482/000089148222000003/fll-20220119x8k.htm
  HTML page:      https://secwatch.observer/filing/0000891482-22-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer