Full House Resorts Q3 net loss $3.6M; revenue down 12% YoY; Illinois casino opening in 3 months

FULL HOUSE RESORTS INC

2022-Q3 EPS reported -$0.23 revenue$127,199,000

Net loss of $3.6M ($0.10 diluted loss) vs net income of $4.6M ($0.13) in Q3 2021.
Revenue fell to $41.4M from $47.2M; Adjusted EBITDA dropped to $7.8M from $13.6M YoY.
The Temporary casino in Illinois set to open within three months; Chamonix in Colorado topped off, targeting mid-2023.
Cash and equivalents $241.8M including $156.1M reserved for Chamonix; $40M credit facility undrawn.
Silver Slipper revenue down to $20.0M; Rising Star fell to $9.6M on free-play timing and new competition.

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