Business Description

Formed as a Delaware corporation in 1987, Full House Resorts, Inc. owns, leases, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. Headquartered in Las Vegas, Nevada, we have operations domestically in Nevada, Colorado, Illinois, Indiana, and Mississippi. We currently operate six casinos: five on real estate that we own or lease, and one located within a hotel owned by a third party. Additionally, we currently benefit from two active sports wagering websites (referred to as skins), one in Indiana and one in Illinois. In February 2023, we opened our temporary American Place facility. We have begun the design work for the permanent gaming facility that we plan to build on adjoining land. In October 2024, we completed the phased opening of Chamonix, our newest property, located adjacent to our existing Bronco Billy’s Casino. ​ In April 2025, we completed the sale of Stockman’s Casino (“Stockman’s”) to a privately-owned company. ​ In July 2025, we agreed with an operator to extend its use of our active sports wagering skin in Indiana through December 2031, and such operator fully prepaid its remaining term for the Indiana skin. The following table presents selected information concerning our casino resort properties as of December 31, 2025: ​ ​ ​ Segments and Properties ​ Locations Midwest & South ​ ​ American Place Casino (“American Place”) ​ Waukegan, IL (northern suburb of Chicago) Silver Slipper Casino and Hotel (“Silver Slipper”) Hancock County, MS (near New Orleans) Rising Star Casino Resort (“Rising Star”) Rising Sun, IN (near Cincinnati) West* ​ ​ Chamonix Casino Hotel (“Chamonix”) and Bronco Billy’s Casino (“Bronco Billy’s”) Cripple Creek, CO (near Colorado Springs) Grand Lodge Casino (“Grand Lodge”), leased and part of the Hyatt Regency Lake Tahoe Resort, Spa and Casino Incline Village, NV (North Shore of Lake Tahoe) Contracted Sports Wagering ​ ​ Three idle sports wagering websites (“skins”) ​ Colorado One active sports wagering website (“skin”), plus two others that are currently idle ​ Indiana One active sports wagering website (“skin”) ​ Illinois __________ * On April 1, 2025, we completed our sale of Stockman’s Casino. ​ We manage our casinos based primarily on geographic regions within the United States and type of income. Our