Full House reduces quarterly net loss
The company, which operates casinos in Northern Nevada, Mississippi and Indiana, said Wednesday it lost $427,000, or 2 cents per share, in the quarter that ended June 30. A year ago, the company lost $8.5 million, or 45 cents per share, due largely to an $11.5 million non-cash impairment charge to the Rising Star Casino Resort in Indiana.
Full House's net revenue in the quarter was $30.7 million, compared with $31.3 million a year ago. The 2014 second quarter included $300,000 in revenue from a tribal management agreement that expired almost a year ago.
"We are very focused on improving profitability at all of our properties," said Full House CEO Dan Lee, who took over in December. "In addition, we continue to evaluate projects that can meaningfully grow our company."
"Less than a year into new management's reign, we feel that value is slowly being unlocked," Macquarie Securities gaming analyst Chad Beynon told investors. "Full House is clearly taking a creative approach to improving profitability."
Wynn Resorts profit rises in Q1 as Macau, Las Vegas drive quarter revenue growth
IGT’s Powerbucks surpasses CAD$100 million in jackpot payouts in Canada
Wilton Rancheria breaks ground on Sky River hotel resort development
Wynn Resorts profit rises in Q1 as Macau, Las Vegas drive quarter revenue growth
DraftKings beats Q1 estimates, touts Super App growth in prediction markets
Century Casinos cuts Q1 loss as revenue climbs to $137.2 million
Algotech strengthens its trading technology ecosystem through collaboration with 55Tech
OpticOdds launches as first odds data API available via MCP for Claude Desktop
Flows secures Pennsylvania Gaming Control Board authorisation
Sportsbook integration: Deploying betting widgets at scale
Forbes Italia, SiGMA announce Top 50 initiative for Italy’s regulated gaming sector
Skilrock joins APLA Seminar 2026 as Silver Sponsor
