Full House Resorts Q2 revenue down, net loss $0.13/sh; construction on two major projects on track

FULL HOUSE RESORTS INC

2022-Q2 EPS reported -$0.12 revenue$85,806,000

Q2 2022 revenue $44.4M (-6.3% YoY); net loss $4.4M vs net income $5.5M in Q2 2021.
Adjusted EBITDA $12.1M vs $14.9M YoY; decline due to stimulus comparison, construction disruption, and higher insurance.
The Temporary (Waukegan, IL) opening expected Q4 2022; budget ~$100M; cash on hand sufficient to complete.
Chamonix (Cripple Creek, CO) tower topped off; opening mid-2023; budget $250M within range; $190M cash reserved.
Signed 8-year sports betting deal with Circa Sports in Illinois; $5M fee received, min $5M annual payments.

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