FLL - Full House Resorts races to new high as investors buy into the casino recovery story
Full House Resorts ([[FLL]] +10.2%) is leading the casino sector on the day and soared to a new high of $10.41 earlier in the session. AdvisorShares tweeted this morning that Full House Resorts is one its long positions in its Vice ETF. Looking further ahead, Union Gaming thinks the growth pipeline for Full House is building. Analyst John DeCree notes that FLL resumed significant construction on the Chamonix project a few months ago with site works and demolition. Construction is expected to ramp up this year. The company is said to now have capital and bandwidth to proceed with hotel expansion in Silver Slipper, which is expected to further enhance its largest EBITDA contributing property. Full House Resorts has a clean sweep of Buy-equivalent ratings on Wall Street.
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Full House Resorts races to new high as investors buy into the casino recovery story