Full House Resorts (FLL) Stock Analysis & Winston Score
Full House Resorts owns and operates small and mid-sized casinos across the United States. Its properties include Silver Slipper Casino in Mississippi, Bronco Billy's in Colorado, and Rising Star Casino in Indiana, among others. The company targets everyday gamblers looking for regional entertainment options rather than destination resort experiences. Full House makes money primarily through casino gaming revenue — customers gambling on slot machines and table games — along with food, beverage, and hotel stays at its properties. The company is relatively small, with a market cap around $100 million, and competes against both large casino chains and tribal gaming operations in its regional markets. Its thin operating margin of roughly 2% leaves little room for error, and the company carries meaningful debt from recent expansion projects, including a new casino development in Waukegan, Illinois, which represents its biggest near-term growth opportunity but also a significant financial risk if the project underperforms.
Winston Score: 26/100 — Below Average
Below-average fundamentals — multiple weak pillars.
- Quality: Mixed (9/30)
- Growth: Mixed (8/20)
- Cash Flow: Weak (0/10)
- Stability: Weak (0/10)
- Valuation: Data not available (0/10)
- Ownership: Good (8/15)
Key Facts
Price: $2.09
Market Cap: $76M
Sector: Consumer Cyclical
Industry: Gambling, Resorts & Casinos
Exchange: NASDAQ

