Full House Resorts reports $59.4m in revenue during Q2 2023

August 9, 2023
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The Temporary by American Place contributed to nearly a third of the overall revenue total.

Full House Resorts has published its second-quarter financial and business results for 2023. The company reported that The Temporary by American Place finished its first full quarter of operations during Q2 and expects to “shortly” begin its Illinois sportsbook operations.

During Q2, Full House Resorts posted a 33.8% boost in revenue, reaching a total of $59.4m.

Revenue from The Temporary by American Place totaled $20.3m in the second quarter, along with adjusted property EBITDA climbing to $4.1m.

Company President and CEO Daniel R. Lee commented further on the destination’s second-quarter achievements.

He said, “The trends at The Temporary are similar to those of many other successful casinos. The number of visitors surged at opening in mid-February and then, after a short lull, has grown steadily since April.

“Meanwhile, its win per admission, while still less than more-established casinos in Illinois, has grown steadily since opening, as regular players replace people who were more tourists than gamblers.”

Lee went on to discuss the company’s latest project in Colorado. The company plans to open its Chamonix Casino Hotel in late December.

He said in closing, “At our Chamonix project in Cripple Creek, Colorado, meaningful construction continues, with exteriors now largely complete. Within the main hotel tower, our contractor is completing guest rooms and we anticipate beginning the installation of furniture shortly. The extensive millwork in the casino and high-end restaurant is also underway.

“We look forward to welcoming guests to our Chamonix Casino Hotel on December 26, 2023. It will be the first luxury casino hotel in the Colorado Springs area, and we believe it will be one of the best casino hotels in the entire Midwest.”

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