secwatch.observer — SEC 8-K summary
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Issuer:     FULL HOUSE RESORTS INC (FLL)
CIK:        0000891482
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0000891482-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Full House Resorts Q2 revenue rises 23.8% to $73.5M; Adjusted EBITDA up 34.6% to $14.1M
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- Revenue $73.5M (+23.8% YoY); net loss $8.6M ($0.25 diluted loss) vs $5.6M loss last year.
- Adjusted EBITDA $14.1M (+34.6% YoY); American Place revenue $27.2M (+34%) and property EBITDA $7.6M (+83.5%).
- Extended Grand Lodge lease to Dec 2034; annual rent rises to ~$2.01M in 2025, then 2% annual increases.
- Angi Truebner-Webb promoted to VP/GM of Silver Slipper; John Ferrucci to retire April 2025; transition this fall.
- Contracted sports wagering rev $2.9M includes $0.9M accelerated from ceased skin; $2.1M settlement expected in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/891482/000089148224000032/0000891482-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/891482/000089148224000032/fll-20240806x8k.htm
  HTML page:      https://secwatch.observer/filing/0000891482-24-000032

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