Chamonix set new property records
Full House Resorts generated revenues in the third quarter of 2025 of $78m, an increase from $75.7m in the prior-year period due to the continued ramp-up of operations at the company’s two newest properties, American Place Casino and Chamonix Casino Hotel.
These increases were offset by the sale of Stockman’s Casino in April 2025 and renovation-related disruptions surrounding our Grand Lodge Casino.
“Both American Place and Chamonix shined during the third quarter,” said Daniel R. Lee, Chief Executive Officer of Full House Resorts. “American Place continues to deliver outstanding growth, setting new records for revenue and profitability in the third quarter. Its customer database also continues to grow, having recently surpassed 115,000 members. Driven by the success of our temporary American Place casino, we remain excited for the construction of our permanent American Place facility. We recently received unanimous site approval for our permanent facility from the Waukegan City Council.”
Continued Mr. Lee: “Chamonix also made great strides during the third quarter, led by its new management team. Revenues at our Colorado operations grew 7.3 per cent in the third quarter. Adjusted Property EBITDA improved by $2.8m in the third quarter, rising to $2.1m from $(0.7) million in last year’s third quarter. With all of Chamonix’s amenities now open to the public, we do not expect any meaningful additions to the property’s cost structure and, in fact, continue to target many areas for operational efficiencies. As a result, as revenues at Chamonix continue to grow, we expect meaningful flowthrough to the bottom line.
“While Chamonix’s new management team made significant advances during the quarter, we believe substantial opportunity remains for us in the largely untapped Colorado Springs market, as well as in southern Denver. We estimate that less than 15% of households in Colorado Springs visited Cripple Creek in the last year. That is an extremely low figure, likely driven by a lack of quality gaming products and amenities prior to Chamonix’s opening. To broaden Chamonix’s appeal, we have focused on more targeted marketing campaigns, strengthened our group sales team, expanded our entertainment options, and continued to leverage our extensive amenities. Those efforts have been successful thus far, bringing new guests and helping Chamonix set new property records in the third quarter, including a new daily slot volume record. Based on published information, Cripple Creek – led by Chamonix – has been the impetus for growth in statewide gaming revenue on a year-to-date basis. We look forward to the coming quarters and years, as awareness accelerates and results from our Colorado operations continue to grow.”
Full House Resorts President, Lewis Fanger added: “We had a very strong quarter. Our temporary casino in Waukegan, continues to fire on all cylinders. The pace of new database signups hasn’t slowed down in recent memory. People still don’t know that there is a casino in Waukegan and the number of people discovering that on a daily basis is very high.”
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Chamonix set new property records Full House Resorts generated revenues in the third quarter of 2025 of $78m, an increase from $75.7m in the prior-year period due to the continued ramp-up of operations at the company’s two newest properties, American Place Casino and Chamonix Casino Hotel. These increases were offset by the sale of Stockman’s…
The post Full House ‘firing on all cylinders’ with continued ramp-ups at American Place and Chamonix appeared first on G3 Newswire.