Full House Resorts, Inc. (NASDAQ:FLL) Q3 2024 Earnings Conference Call November 6, 2024 4:30 PM ET

Company Participants

Lewis Fanger - CFO
Daniel Lee - CEO

Conference Call Participants

David Bain - B. Riley Securities
Jordan Bender - Citizens JMP
Ryan Sigdahl - Craig-Hallum Capital Group
John DeCree - CBRE
Chad Beynon - Macquarie

Operator

Good afternoon and welcome to the Full House Resorts Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Lewis Fanger, Chief Financial Officer of Full House Resorts. Please go ahead sir.

Lewis Fanger

Thank you, good afternoon, everyone. Welcome to our third quarter earnings call. As always, before we begin, we remind you that today's conference call may contain forward-looking statements that we're making under the Safe Harbor provision of federal securities laws. I would also like to remind you that the company's actual results could differ materially from the anticipated results in these forward-looking statements. Please see today's press release under the caption Forward-Looking Statements for the discussion of risks that may affect our results.

Also, we may make reference to non-GAAP measures such as adjusted EBITDA. For a reconciliation of those measures, please see our website as well as the various press releases that we issue. And we also have a presentation today on the website. If you go to investors.fullhouseresorts.com click on the lower banner, click company info and then presentations, and it will take you to that presentation.

Maybe the most fun piece of that is on Page 4. There are two video links for an ad that we're about to start running this week for Chamonix, as well as a drone fly through of the property. And then lastly, we're also broadcasting this conference call at fullhouseresorts.com, where you can find today's earnings release as well as all of our SEC filings.

And with that said. You ready to go, Dan?

Daniel Lee

Yes, I'm ready. Okay. All right, everybody look at. There's kind of no way around it. It was not a good quarter, and I'm not happy about it. Colorado in particularly was disappointing. Just reminding everybody it was partly open in the first quarter. It opened just before New Year's and with only part of the hotel. And then it was more open in the second quarter, but in the third quarter it was mostly open.