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INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
3 Months Ended
Mar. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
Investments in and advances to unconsolidated affiliates were $394 million and $381 million as of March 31, 2025 and December 31, 2024, respectively. The Company’s share of losses of BetMGM North America Venture in excess of its equity method investment balance is $103 million and $89 million as of March 31, 2025 and December 31, 2024, respectively, which is recorded within “Other accrued liabilities” on the consolidated balance sheets.

The Company recorded its share of loss from unconsolidated affiliates as follows:
 Three Months Ended
March 31,
 20252024
 (In thousands)
Loss from unconsolidated affiliates$(12,896)$(25,124)
Non-operating items from unconsolidated affiliates262 (136)
 $(12,634)$(25,260)

The following table summarizes information related to the Company’s share of operating loss from unconsolidated affiliates:
 Three Months Ended
March 31,
 20252024
 (In thousands)
BetMGM North America Venture
$(15,201)$(32,601)
Other2,305 7,477 
 $(12,896)$(25,124)