Full House Resorts, which operates five casinos in four US states, has reported first quarter results to end March with revenues up 23.8 per cent to US$39.6m.
Net loss for the quarter was $600,000, double that of the previous year. EBITDA rose 28.8 per cent to $4.6m, up $1m on the same quarter of 2016. The company had acquired the Broco Billy’s Casino and Hotel at Cripple Creek, Colorado, in the year.
Daniel Lee, president and CEO, said that there were strong operating results from Silver Slipper in Mississippi. Overall, he said, it was a “solid” first quarter with strong operating results in March offsetting significant snowfall at several properties earlier in the year.
He also reported that there are several projects close to completion that will lead to growth.
