Full House Resorts Stock Experiences Bullish Momentum, Rises 16%

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FULL HOUSE RESORTS ($NASDAQ:FLL) is a gaming and hospitality company that owns, develops, and operates gaming properties across the United States. The company’s stock has been on the rise lately, with a 16% increase in the last 5 trading sessions. On Wednesday, February 3, shares rose from $5.61 to $6.56 at 11:41 EST. This bullish momentum is likely due to the company’s strong fourth quarter results, which were released on February.

Share Price

On Thursday, shares of Full House Resorts stock opened at $6.6 and closed at $6.3, down by 1.9% from its last closing price of $6.4. This momentum can be attributed to a number of factors.

In addition, Full House has been working to improve its financial situation by reducing its debt and cutting costs. In May, the company announced that it had reached an agreement with its lenders to amend its credit facilities, which will save the company approximately $1 million per year in interest payments. Finally, Full House has been benefitting from the overall rebound in the U.S. gaming industry. After a few years of struggling, casinos are starting to see an uptick in business, which is translating into increased revenue and profits. Full House Resorts has been working hard to turn things around, and its efforts are starting to pay off. The company’s stock price has risen significantly in recent months, and with continued positive momentum, it could continue to climb even higher.

VI Analysis

Full House Resorts is a gaming and hospitality company that owns, operates, or has an interest in gaming properties across the United States. The company’s gaming properties include casinos, hotels, and restaurants. Full House Resorts also owns and operates a number of non-gaming properties, such as golf courses, convention centers, and retail outlets. Full House Resorts is classified as a “rhino” company, meaning that it has achieved moderate revenue or earnings growth.

The company’s fundamentals reflect its long-term potential, and its Star Chart indicates that it is strong in asset quality, growth, and profitability, but weak in dividend. Full House Resorts has an intermediate health score of 4/10 with regard to its cashflows and debt, which indicates that it is likely to sustain future operations in times of crisis. The company’s share price is also relatively stable, making it an attractive investment for risk-averse investors.

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 INC is a gaming, hospitality, and entertainment company that develops, owns, and operates casinos, hotels, and entertainment venues. The company has seen bullish momentum in recent months, with its stock rising 16%. FULL HOUSE RESORTS offers investors a unique opportunity to invest in the gaming, hospitality, and entertainment industries. The company has a strong track record of developing, owning, and operating successful casinos, hotels, and entertainment venues.

The company has a strong management team with a proven track record of success. FULL HOUSE RESORTS is a great long-term investment for investors looking to profit from the growth of the gaming, hospitality, and entertainment industries.