
CEO Bought Shares: Is Full House Worth Betting the House?
Las Vegas-based Full House Resorts (FLL, $3.73, +14.42%) is a company that clearly knows how to roll the dice—but should you ante up? 🃏✨
🌿 The Company in a Nutshell:
Full House owns and operates casinos and resorts across the U.S. — from Illinois to Nevada — with properties like:
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✨ American Place (Waukegan, IL)
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⛳️ Silver Slipper (Mississippi)
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⛹️ Chamonix Casino (Colorado)
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🌟 Grand Lodge Casino (Lake Tahoe)
They even dabble in online sports betting. 🎰📲
🚀 Insider Buying: Betting Big from the Top
Trigger: The CEO Daniel Lee just bought 276,300 shares at $4.75 (total: $1.3M). That’s a 22% stake increase — a massive bet.
Oh, and just a month earlier, Director Eric Green scooped up 25,000 shares at $3.40.
🌊 Momentum or mirage?
📈 Financial Funhouse: A Bit of a Gamble
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2024 Revenues: $292.1M ↑ +21.2% YOY
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Net Loss: $(40.7M) — due to construction and depreciation
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Adjusted EBITDA: Flat at $48.6M
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Cash on Hand: $40.2M
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Debt: $450M in senior notes + $27M revolver
Yes, they're building fast, but the debt? Let’s just say the drinks at the bar might be cheaper than their borrowing costs. 🍻
🎓 Q1 2025 Highlights:
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Revenue: $75.1M (+7.3% YOY)
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Net Loss: $(9.8M)
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Adjusted EBITDA: $11.5M
American Place hit nearly $11M in March gaming revenue. Chamonix grew revenue 33.9%. Silver Slipper is back on its feet under new leadership.
So yes, they’re growing—but they’re also bleeding. 🎭
👉 Want the full picture? Dive into Full House’s financials here.
💼 Ownership Breakdown:
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Blackrock: 6.1%
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Vanguard: 4.89%
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Institutions: 50.72% total — meh.
But if momentum builds, you might see these big names back up the truck.
🔍 For full Institutional Ownership breakdown, see here.
🔢 Valuation Station:
Metric | Value | Meaning |
---|---|---|
P/S | 0.37 | ✅ Cheap on sales |
P/B | 3.57 | ⚠️ Pricey on assets |
EV/Revenue | 2.05 | ✅ Reasonable |
EV/EBITDA | 13.96 | ⚠️ Rich for a loss-maker |
🎲 Valuation Check: Is This a Royal Flush or Just Flashy?
📊 P/S Ratio: 0.37 — Cheap! Like a blackjack win with no tip. 🃏
📚 P/B Ratio: 3.57 — Whoa! Pricey in book terms. Maybe there's more than just chips in the pot? 💰📘
🏛️ EV/Revenue: 2.05 — Reasonable. The house isn’t giving it away, but you’re not overpaying either. 🏠💵
💸 EV/EBITDA: 13.96 — Hmm. That’s high for a casino still losing money. 🎰💭
🧐 Translation? Some of these numbers suggest the market is betting on potential, not current profits. You're not just buying a stock — you're buying the dream. ✨💼
🎯 Verdict: May not be a steal, but the table's hot — and the dealer just bought in.
✨ So... Is the House Full or the Glass Half Empty?
✅ The Good:
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High revenue growth
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CEO buying big
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Properties gaining traction
❌ The Risks:
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Still unprofitable
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High debt
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Elevated valuation based on earnings
💡 Curious about another hot stock?
Check our take on UnitedHealth Group.
🎲 Verdict: Bet... but Bet Responsibly
Full House might just be a future jackpot — but for now, it’s more of a speculative hand than a safe bet.
Not the worst bet at all. But make no mistake: It’s a bet.
🧭 Want More Like This?
👉 Browse our Insider Purchases Center
👉 Explore our Follow the Pundits Hub: When Big Bets Matter
👉 Check out our Young Guns & Turnaround Stocks
👉 Dive into Stock Market Humor & Serious-ish Plays
👉 International Investment Opportunities and value plays await here.
👉 For even older brands on new missions, explore our Corporate Resurrection Series. Nope, doesn't exist anymore.
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