Segment Information (Tables)

3 Months Ended

Mar. 31, 2016

We have aggregated certain of our properties in order to present five Reportable Segments: (i) Las Vegas Locals; (ii) Downtown Las Vegas; (iii) Midwest and South; (iv) Peninsula; and (v) Borgata. 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
Diamond Jo Dubuque	Dubuque, Iowa
Diamond Jo Worth	Northwood, Iowa
Evangeline Downs Racetrack and Casino	Opelousas, Louisiana
Amelia Belle Casino	Amelia, Louisiana
Kansas Star Casino	Mulvane, Kansas
Borgata
Borgata Hotel Casino & Spa	Atlantic City, New Jersey

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 Total Reportable Segment Adjusted EBITDA to operating income, as reported in our accompanying condensed consolidated statements of income:



	Three Months Ended
	March 31,
(In thousands)	2016			2015
Net Revenues
Las Vegas Locals	$	158,398		$	150,302
Downtown Las Vegas	58,605			56,603
Midwest and South	209,185			217,764
Peninsula	126,190			125,909
Total Reportable Segment Net Revenues	$	552,378		$	550,578

Adjusted EBITDA
Las Vegas Locals	$	44,271		$	38,877
Downtown Las Vegas	12,681			10,677
Midwest and South	48,813			50,984
Peninsula	47,112			46,363
Borgata	22,668			18,913
Total Reportable Segment Adjusted EBITDA	175,545			165,814
Corporate expense	(15,185		)	(16,642		)
Adjusted EBITDA	160,360			149,172

Other operating costs and expenses
Deferred rent	817			857
Depreciation and amortization	47,653			51,942
Share-based compensation expense	3,263			3,441
Project development, preopening and writedowns	1,841			955
Impairments of assets	1,440			1,065
Other operating items, net	429			116
Our share of Borgata's other operating costs and expenses	3,831			7,238
Total other operating costs and expenses	59,274			65,614
Operating income	$	101,086		$	83,558

Reconciliation of Assets from Segment to Consolidated

The Company's assets by Reportable Segment consisted of the following amounts:



	March 31,		December 31,
(In thousands)	2016		2015
Assets
Las Vegas Locals	$	1,139,016	$	1,155,224
Downtown Las Vegas	134,937		138,159
Midwest and South	1,238,370		1,263,751
Peninsula	1,361,437		1,370,991
Total Reportable Segment Assets	3,873,760		3,928,125
Corporate	923,323		422,775
Total Assets	$	4,797,083	$	4,350,900