Quarterly report pursuant to Section 13 or 15(d)


3 Months Ended
Mar. 31, 2023


Organization. Formed as a Delaware corporation in 1987, Full House Resorts, Inc. owns, leases, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. References in this document to “Full House,” the “Company,” “we,” “our,” or “us” refer to Full House Resorts, Inc. and its subsidiaries, except where stated or the context otherwise indicates.

The Company currently operates six casinos: five on real estate that we own or lease and one located within a hotel owned by a third party. We are currently constructing our seventh property, Chamonix Casino Hotel (“Chamonix”), adjacent to our existing Bronco Billy’s Casino and Hotel in Cripple Creek, Colorado. We are also designing our permanent American Place casino destination, which will be built adjacent to a temporary facility that we opened in February 2023, named The Temporary by American Place (“The Temporary”). We intend to operate The Temporary until the opening of the permanent American Place facility. Additionally, we benefit from seven permitted sports wagering “skins” – three in Colorado, three in Indiana, and one in Illinois. Other companies operate or will operate these online sports wagering websites under their brands, paying us a percentage of revenues, as defined, subject to annual minimum amounts.

During the first quarter of 2023, the Company updated its reportable segments to Midwest & South, West, and Contracted Sports Wagering. This change reflects a realignment within the Company as a result of our continued growth. See Note 9 for additional information about the Company’s segments.  

The following table presents selected information concerning our segments:

Segments and Properties


Midwest & South

The Temporary by American Place (opened on February 17, 2023)
and American Place (under development)

Waukegan, IL
(northern suburb of Chicago)

Silver Slipper Casino and Hotel


Hancock County, MS (near New Orleans)

Rising Star Casino Resort


Rising Sun, IN (near Cincinnati)


Bronco Billy’s Casino and Hotel


Cripple Creek, CO (near Colorado Springs)

Chamonix Casino Hotel (under construction)

Cripple Creek, CO (near Colorado Springs)

Grand Lodge Casino
(leased and part of the Hyatt Regency Lake Tahoe Resort, Spa and Casino)


Incline Village, NV
(North Shore of Lake Tahoe)

Stockman’s Casino


Fallon, NV (one hour east of Reno)

Contracted Sports Wagering

Three sports wagering websites (“skins”)


Three sports wagering websites (“skins”), one of which is currently idle


One sports wagering website (“skin”), expected to commence by August 2023