Full House Resorts (FLL) Investor presentation summary

Financial performance and growth

• Total revenues rose 39.6% year-over-year to $69.9 million in 1Q24, with $25.8 million from American Place.

• Adjusted EBITDA increased 22.6% to $12.4 million, with American Place contributing $7.4 million.

• New properties, American Place and Chamonix, are ramping up operations with phased openings completed in early 2024.

Property portfolio and expansion

• Operates six properties across Nevada, Colorado, Mississippi, Indiana, and Illinois.

• Grand Lodge Casino lease extended through 2034 with minimal annual rent increases.

• Chamonix in Cripple Creek is a $250 million luxury project with 300 guestrooms and high-end amenities.

American Place highlights

• Located in an underpenetrated Chicagoland area, closest casino to 1.1 million people.

• Achieved highest monthly gaming revenue in March 2024; database surpassed 75,000 guests.

• Temporary facility operation permitted until August 2027 due to ongoing litigation.

• Circa Sports partnership announced as Chicago Blackhawks jersey patch sponsor.