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Receivables, net
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Receivables, net Receivables, net
Receivables, net consisted of the following (in thousands):
December 31,
20252024
Casino$309,500 $236,642 
Hotel44,259 45,996 
Other94,527 79,072 
448,286 361,710 
Less: allowance for credit losses (45,645)(37,694)
$402,641 $324,016 

As of December 31, 2025 and 2024, approximately 77.5% and 70.9%, respectively, of the Company's markers were due from customers residing outside the U.S., 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 14.3% and 14.7% of gross casino receivables as of December 31, 2025 and 2024, 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 allowances for credit losses from its hotel and other receivables were 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,
20252024
Balance at beginning of year$37,694 $40,075 
   Provision for credit losses12,824 4,986 
   Write-offs(11,528)(13,262)
   Recoveries of receivables previously written-off6,684 5,801 
   Effect of exchange rate(29)94 
Balance at end of period$45,645 $37,694