Full House Resorts Q1 revenue $41.4M (-1.9% YoY); Adjusted EBITDA $8.4M; progress on American Place & Chamonix

FULL HOUSE RESORTS INC

Net income $0.1M vs loss $3.4M; EPS $0 vs -$0.13.
Adjusted EBITDA $8.4M (down from $10.8M); impacted by construction disruptions at Bronco Billy’s & adverse hold.
Signed agreement with Circa Sports for IL sports wagering; $5M upfront fee and at least $5M/year annualized.
Construction of The Temporary at American Place began; expected opening Fall 2022; Chamonix Casino Hotel on track for Q2 2023.
Cash $319.5M (incl. $210.5M reserved for Chamonix); $410M senior notes; $100M additional notes issued Feb 2022.

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