secwatch.observer — SEC 8-K summary
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Issuer:     FULL HOUSE RESORTS INC (FLL)
CIK:        0000891482
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000891482-22-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891482/000089148222000034/0000891482-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891482/000089148222000034/fll-20220802x8k.htm
  HTML page:      https://secwatch.observer/filing/0000891482-22-000034

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