Revenue during the quarter grew 21.86 percent to $41.76 million from $34.27 million in the previous year period. Gross margin for the quarter contracted 200 basis points over the previous year period to 45.09 percent. Total expenses were 93.05 percent of quarterly revenues, up from 90.48 percent for the same period last year. That has resulted in a contraction of 256 basis points in operating margin to 6.95 percent.

Operating income for the quarter was $2.90 million, compared with $3.26 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $5.64 million compared with $6.25 million in the prior year period. At the same time, adjusted EBITDA margin contracted 474 basis points in the quarter to 13.51 percent from 18.24 percent in the last year period.

"We had a solid third quarter despite a few minor headwinds," said Daniel R. Lee, President and Chief Executive Officer of Full House Resorts. "In August 2016, severe flooding in Louisiana affected customers from several of the Silver Slipper's feeder markets, though guest volumes recently began returning to more normal levels. At Rising Star, this year's results were adversely affected by lower table games hold, which was 3.5 percentage points lower than in the third quarter of 2015. Our Bronco Billy's property performed solidly in its first full quarter under our ownership, and we expect to see improvement in its results over the coming quarters and years as we fully integrate the property into the Company."