Full House Resorts revenue rises as Chamonix and American Place gain ground
Full House Resorts revenue rises as Chamonix and American Place gain ground
Full House Resorts revenue strengthened in the second quarter as two newer properties continued to build momentum. American Place in Illinois and Chamonix in Colorado both posted double-digit year-over-year revenue growth, giving investors a clearer picture of where the regional operator is finding traction.
The results also show why property-level performance can matter more than a single headline. Full House is still managing debt, construction and operational changes, while the strongest gains came from properties at different stages of development.
At a glance
- The quarter in numbers
- American Place sets a record
- Chamonix is still building its market
The quarter in numbers
Full House reported overall second-quarter revenue of $78.1 million, up 5.6% from the prior-year period. Cash flow increased 19.5% to $13.3 million, and the quarterly loss narrowed to $8.7 million from $10.4 million. American Place revenue rose 13.4%, while Chamonix revenue increased 11.7%. The Midwest and South division reached $61 million, also a 5.6% increase, although a 42-hour power outage at Rising Star in Indiana weighed on the non-Illinois results.
American Place sets a record
The Temporary at American Place reached new all-time property records during the quarter, including a new revenue record. CEO Dan Lee also said the company had made significant progress toward financing the permanent successor and refinancing its primary debt, while acknowledging that legal documentation was taking longer than expected. That makes current cash generation especially relevant to the property’s next phase.
Chamonix is still building its market
Chamonix, located in Cripple Creek, reached a breakeven quarter and improved cash flow by $1.1 million year over year. Full House said awareness of the property and the Colorado Springs market were still developing. A new casino director with experience at Wynn and Fontainebleau joined the team, and management said it was refining marketing and casino-host efforts to attract better and more repeat customers.
Full House reported overall second-quarter revenue of $78.1 million, up 5.6% from the prior-year period. Cash flow increased 19.5% to $13.3 million, and the quarterly loss narrowed to $8.7 million from $10.4 million. American Place revenue rose 13.4%, while Chamonix revenue increased 11.7%. The Midwest and South division reached $61 million, also a 5.6% increase, although a 42-hour power outage at Rising Star in Indiana weighed on the non-Illinois results. For background, read Virginia HHR revenue and Petersburg pressure.
The Temporary at American Place reached new all-time property records during the quarter, including a new revenue record. CEO Dan Lee also said the company had made significant progress toward financing the permanent successor and refinancing its primary debt, while acknowledging that legal documentation was taking longer than expected. That makes current cash generation especially relevant to the property’s next phase. Related coverage on this site examines Foxwoods Innovation Zone and new casino games.
Chamonix, located in Cripple Creek, reached a breakeven quarter and improved cash flow by $1.1 million year over year. Full House said awareness of the property and the Colorado Springs market were still developing. A new casino director with experience at Wynn and Fontainebleau joined the team, and management said it was refining marketing and casino-host efforts to attract better and more repeat customers. Readers can also compare the issue with Regional gaming real estate and GLPI revenue.
The company’s outlook is therefore a mix of progress and execution risk. Growth at American Place and Chamonix can support the business, but renovations at the Hyatt Regency Lake Tahoe Resort affected the Grand Lodge Casino, and debt and permanent-property financing remain important watch points. The second quarter suggests the portfolio is moving forward, but it is not a finished story.
The facts above are limited to the verified source report and the supporting links named here. Readers should distinguish reported developments from future possibilities, and check official guidance when a rule, license or consumer decision affects them directly. For official context, consult Full House Resorts investor relations and Colorado Division of Gaming.
Frequently asked questions
What is the main takeaway?
The results also show why property-level performance can matter more than a single headline. Full House is still managing debt, construction and operational changes, while the strongest gains came from properties at different stages of development. The source report describes the current development; it does not promise a particular commercial or consumer outcome.
What should customers remember?
Check the applicable rules, understand the product or game before participating and keep gambling within a fixed entertainment budget. Never use borrowed money to chase a result.
Responsible gambling note
Gambling should be treated as entertainment, not a way to make money or solve financial problems. Set limits before you play, take breaks and seek independent support if gambling stops feeling manageable.
Original source: Chamonix, American Place revenues spike in Full House Resorts’s Q2 from CDC Gaming Reports.
