In 2023, the company opened two new casinos and increased its business. The new properties included American Place in Illinois and Chamonix in Colorado.
American Place celebrated its first anniversary. In December, American Place also set a new gaming revenue record of $8.2 million, which was exceeded in February 2024. American Place is currently using the temporary facility after receiving approval to operate it until 2027. This approval gives Full House enough time to complete the permanent site.
On Dec. 27, Fullhouse opened the Chamonix Casino to coincide with New Year’s celebrations. Initially, only 40 percent of the rooms were operational, but the company eventually completed the launch of the accommodation. Fullhouse added that Chamonix’s luxury steakhouse is expected to open by the end of the month.
The company has now reached an inflection point, according to Daniel Lee, president and CEO of Full House Resorts. As a result, his team expects significant free cash flow from investments in the coming years. 토토
Lee added that his team should complete the permanent American Place facility within two years and pointed out that Full House could support a significant portion of the construction costs thanks to operating cash flow.