Full House Resorts, Inc. (NASDAQ:FLL) Q4 2023 Earnings Call Transcript

Unidentified Analyst: Then the first one was about the steakhouse —

Lewis Fanger: Yes, I don’t know — look, what you probably missed, David, was we had — February is going to be our best month ever in the history of this property. That’s after December having a month of $8.2 million. And we think February is going to be north of $9 million — not think, we know it’s going to be north of $9 million of published gaming revenue. So, no, it was a very, very good month. I was here — I got here on Saturday afternoon and walked the casino, and had dinner with our GM, Jeff, at the steakhouse. And the first thing that I said to him was, “Jeff, there is a completely different energy in this building now. Good for you.” It is a very, very dynamic floor, especially on the weekends.

Dan Lee: Yes, and that was the last part of what we needed to get [technical difficulty]. It’s hard to say did — can you say we had the best month in the property’s history because the steakhouse was open [technical difficulty] the month? Well, it was a contributor, but probably would have had the best month anyway.

Lewis Fanger: Yes. But it is an important addition for a good high-end plus market that’s needed — [technical difficulty] —

Dan Lee: And Jeff’s right here. You did how many people through the building today?

Jeff Babinski: Through the building, 2,000 a day.

Dan Lee: Yes, we get 2,000 people a day at the front door, and we’re doing 120 covers a night?

Jeff Babinski: Yes.

Dan Lee: And it’s still a relatively small portion of the people coming in the front door eat in the steakhouse. But the people who do are the more important customers.

Jeff Babinski: Yes.

Unidentified Analyst: And if I recall, February, you have the Ice Festival of Cripple Creek is a pretty important month. How’s that going?

Lewis Fanger: It was a very good week for us in Cripple Creek with that Ice fest.

Jeff Babinski: Yes.

Unidentified Analyst: Okay, great. Thank you so much, and congrats.

Lewis Fanger: Hey, congrats on your new job too, David.

Unidentified Analyst: Thank you both.

Dan Lee: And I think that —

Operator: We have reached the end of our question-and-answer session. I will now turn the call over to Dan Lee for closing remarks.

Dan Lee: Well, I’m just going to say we’re in the process of tripling the size of the company, and we’re making progress every quarter. So, we’ll talk to you next quarter. So, thank you very much, everybody. Thanks for your support.

Operator: Thank you. This will conclude today’s conference. You may disconnect your lines at this time. And thank you for your participation.