secwatch.observer — SEC 8-K summary
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Issuer:     FULL HOUSE RESORTS INC (FLL)
CIK:        0000891482
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000891482-23-000019
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Full House Resorts Q1 2023: Revenue up 21% to $50.1M, net loss $11.4M on preopening costs
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- Revenue $50.1M (+21% YoY); net loss $11.4M ($0.33 diluted loss) includes $10.5M preopening costs.
- Adjusted EBITDA rose 20.6% to $10.1M, driven by The Temporary opening in February 2023.
- The Temporary generated $10.4M revenue and $3.6M Adjusted Property EBITDA (34.3% margin) in 1.5 months.
- Chamonix Casino Hotel opening set for December 26, 2023; fine dining by Barry Dakake partners.
- Illinois sportsbook expected to launch by August 2023; total annualized minimum sports skin revenue $10M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891482/000089148223000019/0000891482-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891482/000089148223000019/fll-20230508x8k.htm
  HTML page:      https://secwatch.observer/filing/0000891482-23-000019

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