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Segment Information (Tables)
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12 Months Ended |
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Dec. 31, 2012
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| Segment Reporting [Abstract] |
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| Schedule of Composition of Segments |
Headquartered in Las Vegas, we have gaming operations in Nevada, Illinois, Louisiana, Mississippi, Indiana, Kansas, Iowa and New Jersey which we aggregate in order to present the following five reportable segments: | | | Las Vegas Locals | | Gold Coast Hotel and Casino | Las Vegas, Nevada | The Orleans Hotel and Casino | Las Vegas, Nevada | Sam's Town Hotel and Gambling Hall | Las Vegas, Nevada | Suncoast Hotel and Casino | Las Vegas, Nevada | Eldorado Casino | Henderson, Nevada | Jokers Wild Casino | Henderson, Nevada | | | Downtown Las Vegas | | California Hotel and Casino | Las Vegas, Nevada | Fremont Hotel and Casino | Las Vegas, Nevada | Main Street Station Casino, Brewery and Hotel | Las Vegas, Nevada | | | Midwest and South | | Sam's Town Hotel and Gambling Hall | Tunica, Mississippi | IP Casino Resort Spa | Biloxi, Mississippi | Par-A-Dice Hotel Casino | East Peoria, Illinois | Blue Chip Casino, Hotel & Spa | Michigan City, Indiana | Treasure Chest Casino | Kenner, Louisiana | Delta Downs Racetrack Casino & Hotel | Vinton, Louisiana | Sam's Town Hotel and Casino | Shreveport, Louisiana | | | Peninsula Gaming | | Diamond Jo | Dubuque, Iowa | Diamond Jo Worth | Northwood, Iowa | Evangeline Downs Racetrack and Casino | Opelousas, Louisiana | Amelia Belle Casino | Amelia, Louisiana | Kansas Star Casino | Mulvane, Kansas | | | Atlantic City | | Borgata Hotel Casino & Spa | Atlantic City, New Jersey |
The table below lists the classification of each of our properties. | | | Las Vegas Locals | | Gold Coast Hotel and Casino | Las Vegas, Nevada | The Orleans Hotel and Casino | Las Vegas, Nevada | Sam's Town Hotel and Gambling Hall | Las Vegas, Nevada | Suncoast Hotel and Casino | Las Vegas, Nevada | Eldorado Casino | Henderson, Nevada | Jokers Wild Casino | Henderson, Nevada | | | Downtown Las Vegas | | California Hotel and Casino | Las Vegas, Nevada | Fremont Hotel and Casino | Las Vegas, Nevada | Main Street Station Casino, Brewery and Hotel | Las Vegas, Nevada | | | Midwest and South | | Sam's Town Hotel and Gambling Hall | Tunica, Mississippi | IP Casino Resort Spa | Biloxi, Mississippi | Par-A-Dice Hotel Casino | East Peoria, Illinois | Blue Chip Casino, Hotel & Spa | Michigan City, Indiana | Treasure Chest Casino | Kenner, Louisiana | Delta Downs Racetrack Casino & Hotel | Vinton, Louisiana | Sam's Town Hotel and Casino | Shreveport, Louisiana | | | Peninsula Gaming | | Diamond Jo | Dubuque, Iowa | Diamond Jo Worth | Northwood, Iowa | Evangeline Downs Racetrack and Casino | Opelousas, Louisiana | Amelia Belle Casino | Amelia, Louisiana | Kansas Star Casino | Mulvane, Kansas | | | Atlantic City | | Borgata Hotel Casino & Spa | Atlantic City, New Jersey |
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| Reconciliation of Revenue and Adjusted EBITDA from Segments to Consolidated |
The following table sets forth, for the periods indicated, certain operating data for our Reportable Segments, and reconciles Adjusted EBITDA to operating income (loss), as reported in our accompanying consolidated statements of operations for the years ended December 31, 2012 and 2011. | | | | | | | | | | | | | | Year Ended December 31, | | 2012 | | 2011 | | 2010 | | (In thousands) | Net Revenues | | | | | | Las Vegas Locals | $ | 591,306 |
| | $ | 604,965 |
| | $ | 607,366 |
| Downtown Las Vegas | 224,178 |
| | 224,251 |
| | 218,222 |
| Midwest and South | 924,188 |
| | 771,354 |
| | 728,767 |
| Peninsula Gaming | 56,925 |
| | — |
| | — |
| Atlantic City | 686,222 |
| | 730,274 |
| | 580,140 |
| Reportable Segment Net Revenues | 2,482,819 |
| | 2,330,844 |
| | 2,134,495 |
| Other | 4,607 |
| | 5,394 |
| | 6,404 |
| Net revenues | $ | 2,487,426 |
| | $ | 2,336,238 |
| | $ | 2,140,899 |
| | | | | | | Reportable Segment Adjusted EBITDA | | | | | | Las Vegas Locals | $ | 128,742 |
| | $ | 145,848 |
| | $ | 137,464 |
| Downtown Las Vegas | 32,832 |
| | 35,214 |
| | 34,227 |
| Midwest and South | 192,349 |
| | 167,101 |
| | 143,699 |
| Peninsula Gaming | 21,152 |
| | — |
| | — |
| Atlantic City | 116,976 |
| | 158,126 |
| | 136,278 |
| | 492,051 |
| | 506,289 |
| | 451,668 |
| Operating income from Borgata, net | — |
| | — |
| | 8,146 |
| Adjusted EBITDA | 492,051 |
| | 506,289 |
| | 459,814 |
| | | | | | | Other operating costs and expenses | | | | | | Depreciation and amortization | 214,332 |
| | 195,343 |
| | 199,275 |
| Corporate expense | 50,719 |
| | 48,962 |
| | 48,861 |
| Preopening expenses | 11,541 |
| | 6,634 |
| | 7,459 |
| Impairments and other operating items, net | 1,053,526 |
| | 14,058 |
| | 4,713 |
| Other | 16,808 |
| | 8,188 |
| | 10,147 |
| Total other operating costs and expenses | 1,346,926 |
| | 273,185 |
| | 270,455 |
| Operating income | $ | (854,875 | ) | | $ | 233,104 |
| | $ | 189,359 |
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| Reconciliation of Assets from Segment to Consolidated |
The Company's total assets, by Reportable Segment, consisted of the following amounts at December 31, 2012 and December 31, 2011: | | | | | | | | | | Year Ended December 31, | | 2012 | | 2011 | | (In thousands) | Assets | | | | Las Vegas Locals | $ | 1,215,494 |
| | $ | 1,260,458 |
| Downtown Las Vegas | 133,689 |
| | 131,140 |
| Midwest and South | 1,367,063 |
| | 1,406,136 |
| Peninsula Gaming | 1,604,778 |
| | — |
| Atlantic City | 1,388,562 |
| | 1,435,332 |
| Total Reportable Segment assets | 5,709,586 |
| | 4,233,066 |
| Corporate | 395,436 |
| | 1,421,848 |
| Other | 227,171 |
| | 228,140 |
| Total assets | $ | 6,332,193 |
| | $ | 5,883,054 |
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| Capital Expenditures by Reportable Segment |
The Company's capital expenditures for the years ended December 31, 2012, 2011 and 2010, by Reportable Segment, consisted of the following: | | | | | | | | | | | | | | Year Ended December 31, | | 2012 | | 2011 | | 2010 | | (In thousands) | Capital Expenditures: | | | | | | Las Vegas Locals | $ | 23,349 |
| | $ | 15,782 |
| | $ | 11,863 |
| Downtown Las Vegas | 7,248 |
| | 4,420 |
| | 3,356 |
| Midwest and South | 60,572 |
| | 19,770 |
| | 18,632 |
| Peninsula Gaming | 7,606 |
| | — |
| | — |
| Atlantic City | 34,742 |
| | 32,626 |
| | 12,637 |
| Total Reportable Segment Capital Expenditures | 133,517 |
| | 72,598 |
| | 46,488 |
| Other | 706 |
| | 106 |
| | (1,797 | ) | Corporate entities | (25,580 | ) | | 11,859 |
| | 4,092 |
| Total Capital Expenditures | 108,643 |
| | 84,563 |
| | 48,783 |
| Change in Accrued Property Additions | 17,331 |
| | 2,661 |
| | 27,175 |
| Cash-Based Capital Expenditures | $ | 125,974 |
| | $ | 87,224 |
| | $ | 75,958 |
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