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Upturn AI Summary - About
Full House Resorts Inc(FLL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FLL
10/07/2026: FLL (1-star) is currently NOT-A-BUY. Pass it for now.
Full House Resorts is a US-listed regional casino operator focused on developing and managing properties in niche markets across the country. The company’s primary growth story centers on the development of its American Place facility in Illinois, which serves as a major strategic asset to drive future revenue. While the company has shown success in project execution, investors should be mindful of elevated leverage and the significant execution risks inherent in large construction projects. It may best suit investors looking for targeted, higher-risk exposure to regional gaming. Key developments to monitor include the progress of the permanent Waukegan facility and the company's ability to deleverage while maintaining operational profitability.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is driven by specific development projects which carry execution risks. |
| Momentum investor | Weak fit | Stock performance is highly sensitive to development milestones and market sentiment. |
| Value investor | Mixed fit | Valuation depends on future earnings potential post-development rather than current assets. |
| Dividend investor | Weak fit | The company does not pay a dividend and prioritizes capital reinvestment. |
| Low-risk investor | Weak fit | High leverage and regional market concentration result in elevated volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to large swings based on development news and broader gaming sector sentiment. |
| Valuation risk | Medium / high | Valuation is sensitive to the success of current projects which have long payback periods. |
| Competition risk (Regional Gaming) | High | New casino openings and regional market expansion by larger competitors can directly erode FLL's market share. |
| Business quality | Medium | The company operates quality niche assets, but lacks the scale and diversification of national giants. |
| Dividend income | Low / none | Capital is allocated to growth rather than distributions to shareholders. |
| Execution risk | High | Significant capital is tied up in development projects where delays or cost overruns can severely impact financial health. |
Price Behavior

Downtrend
The stock has experienced a sustained decline in price over recent periods.

Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit -67.25% | Avg. Invested days 18 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 49.84M USD | Price to earnings Ratio - | 1Y Target Price 3.12 |
Price to earnings Ratio - | 1Y Target Price 3.12 | ||
Volume (30-day avg) 187.0K shares | Beta 1.41 | 52 Weeks Range 1.25 - 3.37 | Updated Date 10/06/2026 |
52 Weeks Range 1.25 - 3.37 | Updated Date 10/06/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.02 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Gaming Operations | Slot machine and table game revenue across various properties. | Most revenue comes from people playing games at their physical casinos. |
| Hospitality and Food & Beverage | Hotel room revenue, dining, and amenities. | The company earns secondary income from hotel guests and restaurant visitors. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 125 | Enterprise Value 558.41M | Price to Sales(TTM) 0.16 |
Enterprise Value 558.41M | Price to Sales(TTM) 0.16 | ||
Enterprise Value to Revenue 1.83 | Enterprise Value to EBITDA 11.95 | Shares Outstanding 36.64M | Shares Floating 32.47M |
Shares Outstanding 36.64M | Shares Floating 32.47M | ||
Percent Insiders 8.2 | Percent Institutions 39.67 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Full House Resorts Inc
Exchange NASDAQ | Headquarters Las Vegas, NV, United States | ||
IPO Launch date 1993-08-10 | CEO - | ||
Sector Consumer Cyclical | Industry Resorts & Casinos | Full time employees 1573 | Website https://www.fullhouseresorts.com |
Full time employees 1573 | Website https://www.fullhouseresorts.com | ||
Full House Resorts, Inc. owns, leases, develops, manages, operates, and/or invests in casinos, and related hospitality and entertainment facilities in the United States. Our properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Chamonix Casino Hotel and Bronco Billy's Casino in Cripple Creek, Colorado; Rising Star Casino Resort in Rising Sun, Indiana; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe in Incline Village, Nevada. Full House Resorts, Inc. was founded in 1987 and is based in Las Vegas, Nevada.

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