Full House Resorts Projects Significant EBITDA Growth from Chamonix and American Place
Full House Resorts (FLL) reported strong operational performance in its recent quarterly update, highlighted by record-breaking results at the American Place property. Management noted that American Place achieved its best quarter to date, while Rising Star saw its strongest third quarter in three years. Additionally, the Silver Slipper casino demonstrated robust growth with a 13.6% increase in adjusted EBITDA. The company is focusing on long-term value creation through its upcoming developments. Full House Resorts expects Chamonix to contribute between $10 million and $20 million in EBITDA by 2027. Furthermore, the firm is targeting more than $100 million in annual EBITDAR from the American Place project, signaling a significant expansion of its earnings capacity.
Tickers: $FLL
Topics: casino operations earnings report EBITDA revenue growth
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Part of the story FULL HOUSE RESORTS INC - 10-Q Filing (4 articles)