Full House Resorts, a US-based land-based casino company, stated it aims to launch its new casino in Illinois in the next three months. It also announced that a new casino in Colorado will open in the middle of 2023.

 Testing of products and systems at the Waukegan, Illinois site should start by the end of November. This week, about 1,000 slot machines will be put in.  The opening of the new casino will also produce hundreds of employment. More than 400 people have already applied for work there.

 Full House also claimed that the Chamonix project in Cripple Creek, Colorado, is going well. President and CEO Daniel Lee said that construction reached its "topping off" milestone in September.

 Lee remarked, "We are putting up decorations in Waukegan, Illinois, and getting ready to put in slot machines this week."  "We want to have all of our slot machines set up and ready for testing by the end of November.

 "We have a long list of things to do before we can welcome our first clients, just as with any new casino opening.  So, even though the corporation plans to launch the casino in the next three months, they don't know when it will actually open.

 "When The Temporary opens, it will be the only casino in Lake County, Illinois, which has a population of about 700,000 and is one of the richest counties in the US.

 "Chamonix's construction is moving along at a good speed. Glass is presently being put on the outside and plasterboard is being put up inside.  Chamonix will be one of the biggest casino hotels in Colorado when it's done. It will also be the biggest and most elegant casino hotel in Cripple Creek, which is where most people from Colorado Springs go to gamble.

 Results for Full House in Q3
 The news about the two facilities came out at the same time that Full House released its third quarter results for the 2022 financial year. Revenue fell 12.3% year over year to $41.4 million (£36.1 million/€41.4 million).

 The casino made $29.7 million, which is 8.6% less than last year. The food and drink business made $6.8 million, which is 4.2% less than last year. Other businesses, such sports betting, made $2.4 million, which is 53.9% less than last year.  The hotel was the only part of the firm that grew, and even then, it only made a small amount more money, bringing in $2.5 million.

 The Silver Slipper Casino and Hotel in Illinois had the best geographical performance, bringing in $20.0 million in revenue. This was a 7.0% drop from the previous year, but it was still one of the property's best quarters ever.

 The Rising Star Casino Resort in Indiana likewise saw a 23.8% reduction in sales, bringing it down to $9.6 million. The Bronco Billy's Casino and Hotel in Colorado saw a 30.2% drop in revenue, bringing it down to $4.4 million.

 Revenue at the Bronco Billy's Casino and Stockman's Casino in Nevada went up 23.5% from the previous year, although revenue from contracted sports betting went down 31.3% to $1.1 million.

 Costs: The total operating costs for the quarter were $39.0 million, which is 8.0% more than the $36.1 million spent previous year.  Full House also reported $5.9 million in costs, which left them with a loss of $3.5 million before taxes, compared to a profit of $4.7 million at the same time last year.

 Full House paid $29,000 in income tax, which brought its overall net loss for the quarter to $3.6 million. This is less than the $4.6 million profit it made in Q3 last year.  Also, adjusted earnings before interest, taxes, depreciation, and amortisation fell 42.7% to $7.8 million.