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Receivables, net | 12 Months Ended
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Dec. 31, 2023
Receivables [Abstract] |
Receivables, net | Receivables, net Receivables, net consisted of the following (in thousands):
| December 31,
| 2023 |  | 2022
Casino | $ | 218,694 |  |  | $ | 171,893 |
Hotel | 54,596 |  |  | 35,654 |
Other | 108,497 |  |  | 87,328 |
| 381,787 |  |  | 294,875 |
Less: allowance for credit losses | (40,075) |  |  | (78,842) |
| $ | 341,712 |  |  | $ | 216,033 |
As of December 31, 2023 and 2022, approximately 68.2% and 57.6%, respectively, of the Company's markers were due from customers residing outside the United States, primarily in Asia. Business or economic conditions or other significant events in the countries in which the Company's customers reside could affect the collectability of such receivables. The Company’s allowance for casino credit losses was 15.9% and 43.2% of gross casino receivables as of December 31, 2023 and 2022, respectively. Although the Company believes that its allowance is adequate, it is possible the estimated amounts of cash collections with respect to receivables could change. The Company’s allowance for credit losses from its hotel and other receivables is not material. The following table shows the movement in the Company's allowance for credit losses recognized for receivables that occurred during the period (in thousands):
| December 31,
| 2023 |  | 2022
Balance at beginning of year | $ | 78,842 |  |  | $ | 111,319 |
Provision for credit losses | (3,964) |  |  | (7,295) |
Write-offs | (47,611) |  |  | (30,100) |
Recoveries of receivables previously written-off | 12,897 |  |  | 4,987 |
Effect of exchange rate | (89) |  |  | (69) |
Balance at end of period | $ | 40,075 |  |  | $ | 78,842 |

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- Definition The entire disclosure for claims held for amounts due a company, excluding disclosure for allowance for credit losses. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Also excludes disclosure for financing receivables. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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- References No definition available. + Details
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