Full House Resorts, Inc. reported a revenue increase of 5.6% for the second quarter of 2026, totaling $78.1 million compared to $73.9 million in the same period of 2025. The company's casino segment contributed significantly to this growth, with casino revenues rising to $60.3 million, up from $57.0 million year-over-year. For the first half of 2026, total revenues reached $152.5 million, a modest increase of 2.3% from $149.0 million in the prior year. Despite the revenue growth, the company reported a net loss of $8.7 million for the quarter, an improvement from a loss of $10.4 million in the previous year, and a net loss of $16.8 million for the first half, down from $20.1 million.
The financial performance reflects several operational changes, including the continued ramp-up of the American Place Casino, which opened its temporary facility in February 2023. The Illinois Gaming Board recently approved an extension for this facility to operate through February 2029, allowing the company to maintain revenue flow while it develops a permanent facility. Additionally, the company has seen growth in its hotel and food and beverage segments, with hotel revenues increasing by 11.7% to $4.2 million in the second quarter and food and beverage revenues rising by 5.0% to $10.1 million.
Operationally, Full House Resorts has focused on enhancing its customer experience and expanding its market presence. The company operates six casinos across five states, with significant investments in its newest properties, including Chamonix Casino Hotel, which has begun to ramp up operations. The company reported a 5.4% increase in slot coin-in and an 8.3% increase in table game drop, indicating higher customer engagement. However, the company also noted a decline in its contracted sports wagering segment, with revenues falling by 9.2% in the second quarter due to the loss of one active sports wagering skin.
Looking ahead, Full House Resorts aims to continue its growth trajectory by focusing on operational efficiencies and strategic investments. The company plans to finance the construction of the permanent American Place facility, which is expected to significantly enhance its gaming and hospitality offerings. With a current cash balance of $33.4 million and available borrowing capacity under its revolving credit facility, the company believes it has sufficient liquidity to meet its operational needs and capitalize on future growth opportunities. However, the company acknowledges the competitive and regulatory challenges in the gaming industry, which may impact its financial performance moving forward.
About FULL HOUSE RESORTS INC
Full House Resorts, Inc. owns and operates regional casinos across the U.S., including properties in Mississippi, Colorado, Indiana, Nevada, and Illinois. Its core activities include casino gaming, hospitality, and entertainment services, with additional revenue from sports wagering and related amenities. The company emphasizes customer experience, loyalty programs, and property development, competing in a highly regulated, capital-intensive industry focused on regional markets and diversified gaming offerings.
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