Full House Resorts reported third-quarter revenue of $81.8 million, a 4.9% increase year on year, while recording a net loss of $8.6 million. The US casino operator also announced an $8 million cost-saving initiative at Chamonix Casino Resort in Colorado, which has been underperforming.
Property performance
Revenue from the company’s Midwest and Southern properties reached $62.1 million, up 6.4%, while divisional cash flow increased 18% to $13.6 million. Rising Star Casino in Indiana recorded a 10% revenue increase, and The Temporary at American Place in Waukegan delivered its strongest quarter to date. Consolidated cash flow was $14.6 million, compared with $14.8 million a year earlier.
Business outlook
Management is targeting a return to profitability in 2027. The cost programme signals continued pressure to improve property-level economics even where revenue is growing. For suppliers and commercial partners, the key indicators to follow are the timing of savings, Chamonix’s performance and the operator’s ability to convert revenue gains into cash flow.