Full House experienced year-on-year growth in Nevada and in its contracted sports betting division, but revenue fell in Mississippi, its core market, as well as in Colorado and Indiana.
The operator said the primary reason for the overall year-on-year decline was that players in 2021 received government stimulus checks as a way of helping the economy in the wake of the pandemic. However, these were not issued in 2022, with the economy having recovered sufficiently for the government to withdraw the initiative.
Read the full story on iGB North America.
Original article: https://igamingbusiness.com/finance/full-year-results/full-house-slips-to-net-loss-as-revenue-declines-in-2022/
