Full House Resorts Inc 2024年度报告

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act. Yes◻Noþ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d)of the Act. Yes◻Noþ Indicate by check mark whether the registrant(1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90days.YesþNo◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405of RegulationS-T (§232.405ofthis chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit suchfiles).YesþNo◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section13(a)of the ExchangeAct.◻ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report.þ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of theAct). Yes☐Noþ The aggregate market value of Registrant’s voting and non-voting common stock held by non-affiliates of the Registrant, as of June 28, 2024 (the lastbusiness day of the Registrant’s most recently completed second fiscal quarter), was: $164.1million. As of March 6, 2025, there were35,875,647shares of common stock, $0.0001par value per share, outstanding. Documents Incorporated by Reference The information required by PartIII of this Form10-K is incorporated by reference from the Registrant’s definitive proxy statementrelating to the annual meeting of stockholders to be held in 2025, which definitive proxy statement is anticipated to be filed with the Securities andExchange Commission within 120days after the end of the Registrant’s fiscal year ended December31,2024. FULL HOUSE RESORTS, INC.TABLE OF CONTENTS Cautionary Statement Regarding Forward-Looking Statements3Summary of Risk Factors4 PART I Item 1. Business7Item 1A. Risk Factors14Item 1B. Unresolved Staff Comments34Item 1C. Cybersecurity35Item 2. Properties36Item 3. Legal Proceedings36Item 4. Mine Safety Disclosures36 PART IIqu ty,e ated Stoc o de Item 6. [Reserved]37Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations38Item 7A. Quantitative and Qualitative Disclosures About Market Risk53Item 8. Financial Statements and Supplementary Data54Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure90Item 9A. Controls and Procedures90Item 9B. Other Information91Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections91PART IIIItem 10. Directors, Executive Officers and Corporate Governance91Item 11. Executive Compensation91te. Secuty Ow e s p o Ce tae ec a Ow e s a da agee t a d e atedStockholder Matters91Item 13. Certain Relationships and Related Transactions, and Director Independence91Item 14. Principal Accounting Fees and Services91PART IVItem 15. Exhibits, Financial Statement Schedules92Item 16. Form 10-K Summary95SIGNATURES96 Cautionary Statement Regarding Forward-Looking Statements This Annual Report on Form10-K contains forward-looking statements within the meaning ofSection21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) for which thePrivate Securities Litigation Reform Act of 1995 provides a safe harbor. These forward-looking statementscan be identified by use of terms such as “believes,” “expects,” “anticipates,” “estimates,” “plans,”“intends,” “objectives,” “goals,” “aims,” “projects,” “forecasts,” “future,”