Full House posts Q1 net loss as higher costs offset revenue growth
| By Robert Fletcher
US casino operator Full House Resorts reported a net loss for the first quarter of 2023 after a rise in expenses offset a 21.0% year-on-year increase in revenue.
Full House experienced growth within its core Midwest and South segment during the three months to 31 March, but posted declines across both its West and Contracted Sports Betting businesses.
However, chief executive and president Daniel Lee was upbeat about the performance in Q1, singling out a number of developments that he said will help drive further revenue growth in the long run.