Revenue during the quarter grew 25.39 percent to $38.19 million from $30.46 million in the previous year period. Gross margin for the quarter contracted 156 basis points over the previous year period to 44.66 percent. Total expenses were 97.64 percent of quarterly revenues, up from 97.53 percent for the same period last year. That has resulted in a contraction of 10 basis points in operating margin to 2.36 percent.

Operating income for the quarter was $0.90 million, compared with $0.75 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $3.58 million compared with $2.63 million in the prior year period. At the same time, adjusted EBITDA margin improved 72 basis points in the quarter to 9.37 percent from 8.65 percent in the last year period.

"We had a solid fourth quarter, with financial results improving at our existing properties and a solid contribution from newly-acquired Bronco Billys," said Daniel R. Lee, president and chief executive officer of Full House Resorts. "Operating results at the Silver Slipper were particularly strong in the quarter, with the property quickly overcoming flood-related issues that occurred in the third quarter of 2016 in several of its feeder markets. At Rising Star, our Christmas Casino concept -- now in its second year -- again helped drive significant visitation in what is traditionally our slowest period. At both Bronco Billys and Grand Lodge, snowstorms affected visitation, but guest levels quickly returned to normal. Lastly, at Stockmans Casino, we again benefited from recent refurbishment efforts inside the casino, as well as elevated activity at the nearby military base."