Full House Resorts, Inc. Quarterly report [Sections 13 or 15(d)]

SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2026


(In thousands)	Three Months Ended September 30, 2026
					Contracted
					Sports
	Midwest & South		West		Wagering		Total
Revenues
Casino	$	49,987	$	13,068	$	—	$	63,055
Food and beverage		8,608		1,873		—		10,481
Hotel		1,845		2,709		—		4,554
Other operations, including contracted sports wagering		1,625		550		1,512		3,687
Total consolidated revenues		62,065		18,200		1,512		81,777

Less:
Payroll and related costs		16,295		6,099		—		22,394
Cost of sales		4,693		934		—		5,627
Gaming taxes and other⁽¹⁾		11,586		2,175		20		13,781
Other segment items⁽²⁾		15,854		7,954		70		23,878
Total segment expenses		48,428		17,162		90		65,680

Adjusted Segment EBITDA		13,637		1,038		1,422		16,097
Other operating costs and expenses:
Depreciation and amortization								(9,452)
Corporate expenses								(1,519)
Project development costs								(10)
Stock-based compensation								(696)
Operating income								4,420
Other expense:
Interest expense, net								(12,999)
Loss before income taxes								(8,579)
Income tax provision								70
Net loss							$	(8,649)

__________

(1)	Excludes real estate and property taxes.

(2)	For each reportable segment, the “Other segment items” category includes:

●

Midwest & South and West ─ Advertising and marketing, rent expense, insurance, and other miscellaneous costs.

●

Contracted Sports Wagering ─ Certain overhead expenses.


(In thousands)	Three Months Ended September 30, 2025
					Contracted
					Sports
	Midwest & South		West		Wagering		Total
Revenues
Casino	$	46,667	$	13,156	$	—	$	59,823
Food and beverage		8,248		1,702		—		9,950
Hotel		1,777		2,688		—		4,465
Other operations, including contracted sports wagering		1,633		447		1,632		3,712
Total consolidated revenues		58,325		17,993		1,632		77,950

Less:
Payroll and related costs		15,622		5,874		—		21,496
Cost of sales		4,460		827		—		5,287
Gaming taxes and other⁽¹⁾		10,782		766		13		11,561
Other segment items⁽²⁾		15,909		7,317		77		23,303
Total segment expenses		46,773		14,784		90		61,647

Adjusted Segment EBITDA		11,552		3,209		1,542		16,303
Other operating costs and expenses:
Depreciation and amortization								(10,641)
Corporate expenses								(1,491)
Project development costs								(57)
Loss on sale of Stockman’s								(4)
Stock-based compensation								(674)
Operating income								3,436
Other expense:
Interest expense, net								(11,128)
Loss before income taxes								(7,692)
Income tax benefit								(14)
Net loss							$	(7,678)

__________

(1)	Excludes real estate and property taxes.

(2)	For each reportable segment, the “Other segment items” category includes:

●

Midwest & South and West ─ Advertising and marketing, rent expense, insurance, and other miscellaneous costs.

●

Contracted Sports Wagering ─ Credit loss expense net of recoveries, as well as certain overhead expenses.


(In thousands)	Nine Months Ended September 30, 2026
					Contracted
					Sports
	Midwest & South		West		Wagering		Total
Revenues
Casino	$	145,562	$	33,490	$	—	$	179,052
Food and beverage		25,087		5,051		—		30,138
Hotel		5,243		7,251		—		12,494
Other operations, including contracted sports wagering		6,542		1,527		4,509		12,578
Total consolidated revenues		182,434		47,319		4,509		234,262

Less:
Payroll and related costs		47,026		17,162		—		64,188
Cost of sales		13,557		2,555		—		16,112
Gaming taxes and other⁽¹⁾		33,382		6,107		49		39,538
Other segment items⁽²⁾		46,652		22,316		150		69,118
Total segment expenses		140,617		48,140		199		188,956

Adjusted Segment EBITDA		41,817		(821)		4,310		45,306
Other operating costs and expenses:
Depreciation and amortization								(30,443)
Corporate expenses								(4,251)
Project development costs								(69)
Stock-based compensation, net								(1,503)
Operating income								9,040
Other expense:
Interest expense, net								(34,222)
Loss before income taxes								(25,182)
Income tax provision								311
Net loss							$	(25,493)

__________

(1)	Excludes real estate and property taxes.

(2)	For each reportable segment, the “Other segment items” category includes:

●

Midwest & South and West ─ Advertising and marketing, rent expense, insurance, and other miscellaneous costs.

●

Contracted Sports Wagering ─ Certain overhead expenses.


(In thousands)	Nine Months Ended September 30, 2025
					Contracted
					Sports
	Midwest & South		West		Wagering		Total
Revenues
Casino	$	136,865	$	35,241	$	—	$	172,106
Food and beverage		24,562		5,029		—		29,591
Hotel		5,325		6,702		—		12,027
Other operations, including contracted sports wagering		6,548		1,111		5,571		13,230
Total consolidated revenues		173,300		48,083		5,571		226,954

Less:
Payroll and related costs		46,337		18,993		—		65,330
Cost of sales		12,568		2,457		—		15,025
Gaming taxes and other⁽¹⁾		31,298		4,033		38		35,369
Other segment items⁽²⁾		45,683		22,995		200		68,878
Total segment expenses		135,886		48,478		238		184,602

Adjusted Segment EBITDA		37,414		(395)		5,333		42,352
Other operating costs and expenses:
Depreciation and amortization								(31,836)
Corporate expenses								(4,919)
Project development costs								(231)
Loss on disposal of assets								(6)
Loss on sale of Stockman’s, net								(209)
Stock-based compensation, net								(1,051)
Operating income								4,100
Other expenses:
Interest expense, net								(31,779)
Other								(50)
								(31,829)
Loss before income taxes								(27,729)
Income tax provision								97
Net loss							$	(27,826)

__________

(1)	Excludes real estate and property taxes.

(2)	For each reportable segment, the “Other segment items” category includes:

●

Midwest & South and West ─ Advertising and marketing, rent expense, insurance, and other miscellaneous costs.

●

Contracted Sports Wagering ─ Credit loss expense net of recoveries, as well as certain overhead expenses.