Full House Resorts Senior Vice President Increases Shareholding by 9.4%
December 28, 2022
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Full House Resorts ($NASDAQ:FLL), Inc. is a publicly-traded company that owns and operates six casino properties across five different states in the United States. Recently, the Senior Vice President of Full House Resorts has upped his shareholding by 9.4%, indicating confidence in the company’s future. While this is not a massive percentage increase, it is still a positive sign and could indicate that the SVP sees potential growth opportunities in the company’s future. Investors may be encouraged by this move as it shows that the SVP is willing to invest more of his own money into the company. This could suggest that he is confident in the direction of the company and believes that it is a good investment option. It also indicates that he is willing to take on more risk in order to potentially reap greater rewards.
The company has been doing well financially over the past few years and has been able to expand its operations to new locations. Full House Resorts has been able to increase its revenue year on year and has a strong presence in several states across the United States. With this in mind, it may be wise for investors to take note of the SVP’s increased shareholding as a sign of potential growth for the company. This could suggest that he sees potential growth opportunities for the company in the near future and is willing to take on more risk in order to reap greater rewards.
Price History
This announcement has been widely welcomed in the media, with reports praising Boushy’s decision. With the rising sentiment, the stock opened at $7.8 and closed at $7.9, an increase of 1.4% from its last closing price of $7.8. This surge in shareholding reflects Boushy’s confidence in the future prospects of Full House Resorts, a hospitality and gaming company based in Las Vegas, Nevada. This has given the company a much-needed boost in a competitive market. Boushy’s move to increase his stake in the company is an indication that he believes Full House Resorts will continue to grow in the future.
This decision is also expected to attract more investors to the company as they seek to capitalize on its potential for growth. The increased shareholding is also likely to have a positive impact on the overall market sentiment towards Full House Resorts. With positive media coverage, investors are likely to be more willing to invest in the company and its stock may continue to rise. With the right strategies and investments, the company could be well on its way to becoming one of the leading players in the hospitality and gaming industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for FLL. More…
| Total Revenues | Net Income | Net Margin |
| 170.47 | -2.77 | -2.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for FLL. More…
| Operations | Investing | Financing |
| 14.91 | -37.22 | 235.31 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for FLL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 579.76 | 470.32 | 3.18 |
Key Ratios Snapshot
Some of the financial key ratios for FLL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.7% | 40.5% | 13.1% |
| FCF Margin | ROE | ROA |
| -44.3% | 12.7% | 2.4% |
VI Analysis
Company fundamentals are an important factor in assessing a company’s long-term potential. The VI App, a powerful analysis tool, makes it easier to assess a company’s fundamentals. According to the VI Star Chart, FULL HOUSE RESORTS is classified as an “elephant,” meaning it has an abundance of assets after deducting liabilities. Investors who are interested in FULL HOUSE RESORTS would likely be attracted to its intermediate health score of 5/10 with regard to its cashflows and debt. This indicates that the company is likely to ride out any potential crisis without the risk of bankruptcy. FULL HOUSE RESORTS is strong in asset and profitability and weak in dividend and growth. Overall, FULL HOUSE RESORTS is an attractive investment opportunity for investors who are seeking a company with a good balance of assets and liabilities. It is important to note, however, that any investment should be made with careful consideration of the company’s fundamentals and risks. More…
VI Peers
Full House Resorts Inc is in competition with Century Casinos Inc, Bloomberry Resorts Corp, Ballys Corp. These companies are all vying for a share of the gambling market. Full House Resorts Inc is a publicly traded company that owns, develops, and manages gaming properties across the United States. The company’s portfolio includes seven casinos, two horse racing tracks, and a hotel. Full House Resorts Inc is committed to providing an exceptional gaming experience for its guests. The company’s goal is to become the premier gambling destination in the United States.
– Century Casinos Inc ($NASDAQ:CNTY)
Century Casinos, Inc. operates as a gaming company in the United States, Canada, Poland, and South Africa. It operates through three segments: Casinos, Horse Racing, and Corporate. The Casinos segment owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado; Century Casino & Hotel in Edmonton, Alberta, Canada; Century Casino Bath in the United Kingdom; Century Pueblo Magico Hotel and Casino in Monterrey, Mexico; and Mountaineer Casino, Racetrack & Resort in Chester, West Virginia. The Horse Racing segment owns and operates live horse racing and pari-mutuel wagering properties in Alberta and West Virginia. The Corporate segment provides management services to casinos in North America and Europe. As of December 31, 2020, the company owned and operated 10 casinos comprising approximately 2,200 gaming machines, 80 table games, and 1,100 hotel rooms. It also owned and operated live horse racing and pari-mutuel wagering operations at 3 racetracks in 2 states; and owned and operated off-track betting network in Alberta.
– Bloomberry Resorts Corp ($PSE:BLOOM)
As of 2022, Burberry Resorts Corp has a market cap of 72.15B and a Return on Equity of 11.83%. The company operates in the leisure and hospitality industry, with a focus on luxury resorts. Burberry has a strong presence in Europe, the Middle East, and Asia Pacific, and is known for its high-end hotels and resorts. The company has been expanding its footprint in recent years, and its market cap reflects this growth. Burberry is a well-established company with a strong brand, and its market cap and ROE reflect this.
– Ballys Corp ($NYSE:BALY)
Bally’s Corporation, formerly known as Twin River Worldwide Holdings, Inc., is a gaming and entertainment company that owns and operates casinos, horse racing venues, and entertainment venues in the United States. The company has a market cap of $962.8 million and a return on equity of 3.13%. The company’s casinos include Bally’s Las Vegas, Harrah’s Cherokee Casino Resort, and Tropicana Atlantic City. The company also owns and operates horse racing venues in Kentucky and Rhode Island. In addition to its gaming and entertainment operations, Bally’s also owns and operates a number of food and beverage outlets, retail stores, and hotels.
Summary
Full House Resorts is a company that has been garnering a lot of positive attention from investors lately. Recently, its Senior Vice President increased his shareholding by 9.4%, indicating a strong belief in the firm’s future prospects. Analysts have noted that the company’s overall financial performance has been strong, driven by a portfolio of gaming properties across the U.S., as well as its ability to capitalize on favorable market conditions.
Furthermore, the firm has made investments in growth areas such as sports betting, and is well-positioned to benefit from expected changes in the gaming industry. With a solid balance sheet and experienced management team, Full House Resorts is an attractive investment opportunity.
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