FULL HOUSE RESORTS INC
For the period ended Dec 31, 2025. Filed Mar 16, 2026.
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FY2025 · Filed Mar 16, 2026
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Item 2. Properties
Substantially all of our assets collateralize our indebtedness, as discussed in Note 7 to the consolidated financial statements set forth in Part II, Item 8. “Financial Statements and Supplementary Data.” Several of our facilities are subject to leases of the underlying real estate assets, which may, among other things, include the land underlying the facility and, in some cases, buildings used in business operations, as discussed in Note 8 to the consolidated financial statements set forth in Part II, Item 8. “Financial Statements and Supplementary Data.” See Part I, Item 1.“Business —Operating Properties”for additional discussions.
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| · · · · December 31, 2025 | |||||||||||||
| · · · · Owned · · Leased · · · · · · | |||||||||||||
| · · · · Land · · Land · · Slot · · Table · · Hotel | |||||||||||||
| Segments and Properties · · Locations · · (acres) · · (acres) · · Machines · · Games · · Rooms | |||||||||||||
| Midwest & South | | | | | | | | | | | | | |
| American Place(a) | | Waukegan, IL | | 9.95 | | 31.70 | (b) | | 905 | | 43 | | ─ |
| Silver Slipper | Hancock County, MS | 0.03 | 44.18 | (b) | 695 | | 20 | | 129 | ||||
| Rising Star | Rising Sun, IN | 312.69 | 3.01 | (b) | 629 | | 16 | | 294 | ||||
| West | | | | | | | | | | | | | |
| Chamonix / Bronco Billy’s(c) | Cripple Creek, CO | 6.20 | 2.89 | (b) | 608 | | 15 | | 313 | ||||
| Grand Lodge | Incline Village, NV | ─ | 0.48 | | 265 | | 9 | | (d) | ||||
| (a) | The temporary American Place facility opened on February 17, 2023 and does not have hotel operations. The permanent American Place facility (under development) is currently expected to have a significantly larger casino and additional amenities. |
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| (b) | We have the right to buy out such leases at a fixed price. |
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| (c) | Chamonix and Bronco Billy’s are two integrated and adjoining casinos, operated by our management team as a single entity. Chamonix opened in phases between December 2023 and October 2024. |
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| (d) | Located within the Hyatt Lake Tahoe, which continues to undergo renovations. Although 373 rooms were available, the Hyatt has limited amenities to support occupancy for up to 350 rooms. |
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