Full House Resorts shares surge 12.56% after hours as Q4 revenue rises 3.4% and executives highlight progress at American Place casino and improved Chamonix operations.

Full House Resorts surged 12.56% in after-hours trading following its Q4 earnings report, which highlighted progress on the permanent American Place casino project in Illinois and improved operations at key properties. Despite a $12.4 million net loss and a 3.4% revenue increase to $75.4 million, executives emphasized a 5.6% same-store revenue rise and $10.7 million in quarterly cash flow. The company outlined plans to finalize financing for the permanent American Place casino, with a potential 2028 opening, and noted a 11% revenue jump at the temporary facility. Management also signaled optimism for Chamonix’s growth and operational efficiency improvements at Silver Slipper. While the EPS miss (-$0.34 vs. -$0.23) and Western division challenges were noted, the focus on long-term growth catalysts, including the American Place development and non-dilutive financing strategies, likely drove the post-earnings rally.