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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Dec. 31, 2017

Dec. 31, 2016

Accounting Policies [Abstract]

Schedule of Composition of Segments

Headquartered in Las Vegas, Nevada, we have gaming operations in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio and Pennsylvania. For financial reporting purposes, we aggregate in order to present the following three 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
Eastside Cannery Casino and Hotel	Las Vegas, Nevada
Aliante Casino + Hotel + Spa	North Las Vegas, Nevada
Cannery Casino Hotel	North 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 & South
Par-A-Dice Hotel Casino	East Peoria, Illinois
Belterra Casino Resort	Florence, Indiana
Blue Chip Casino, Hotel & Spa	Michigan City, Indiana
Diamond Jo Dubuque	Dubuque, Iowa
Diamond Jo Worth	Northwood, Iowa
Kansas Star Casino	Mulvane, Kansas
Amelia Belle Casino	Amelia, Louisiana
Delta Downs Racetrack Casino & Hotel	Vinton, Louisiana
Evangeline Downs Racetrack and Casino	Opelousas, Louisiana
Sam's Town Hotel and Casino	Shreveport, Louisiana
Treasure Chest Casino	Kenner, Louisiana
IP Casino Resort Spa	Biloxi, Mississippi
Sam's Town Hotel and Gambling Hall	Tunica, Mississippi
Ameristar Casino Hotel Kansas City	Kansas City, Missouri
Ameristar Casino Resort Spa St. Charles	St. Charles, Missouri
Belterra Park	Cincinnati, Ohio
Valley Forge Casino Resort	King of Prussia, Pennsylvania

Schedule of Allowance for Doubtful Accounts

The activity comprising our allowance for doubtful accounts is as follows:

	Year Ended December 31,
(In thousands)	2018				2017				2016
Beginning balance, January 1,	$	2,072			$	1,971			$	2,087
Additions due to Acquisitions	1,425				—				87
Additions	180				478				345
Deductions	(70		)		(377		)		(548		)
Ending balance, December 31,	$	3,607			$	2,072			$	1,971

Schedule of Property and Equipment

The estimated useful lives of our major components of property and equipment are:

Building and improvements	3 through 40 years
Riverboats and barges	5 through 40 years
Furniture and equipment	1 through 10 years

Property and equipment, net consists of the following:

	December 31,
(In thousands)	2018				2017
Land	$	316,590			$	294,533
Buildings and improvements	3,084,337				2,935,539
Furniture and equipment	1,480,917				1,311,704
Riverboats and barges	240,507				238,926
Construction in progress	66,752				59,538
Total property and equipment	5,189,103				4,840,240
Less accumulated depreciation	2,473,039				2,300,454
Property and equipment, net	$	2,716,064			$	2,539,786

Schedule of Bond Maturity Dates

Future maturities of the City Bonds, excluding the discount, for the years ending December 31 are summarized as follows:

(In thousands)
For the year ending December 31,
2019	$	510
2020	550
2021	590
2022	635
2023	680
Thereafter	17,080
Total	$	20,045

Changes in Self-Insurance Reserves

Self-insurance reserves are included in other liabilities on our consolidated balance sheets.

The activity comprising our self-insurance reserves is as follows:

	Year Ended December 31,
(In thousands)	2018				2017				2016
Beginning balance, January 1,	$	33,995			$	31,022			$	30,068
Additions
Charged to costs and expenses	90,299				84,209				79,685
Due to acquisitions	3,279				—				14
Payments made	(90,072		)		(81,236		)		(78,745		)
Ending balance, December 31,	$	37,501			$	33,995			$	31,022

Weighted-Average Assumptions Used in Estimating the Fair Value of Significant Stock Option Grants and Awards

The following table discloses the weighted-average assumptions used in estimating the fair value of our significant stock option grants and awards in 2016:

	Year Ended December 31, 2016
Expected stock price volatility	46.62		%
Risk-free interest rate	1.39		%
Expected option life (in years)	5.4
Estimated fair value per share	$	7.67

Schedule of Cash and Cash Equivalents and Restricted Cash [Table Text Block]

The following table provides a reconciliation of cash, cash equivalents and restricted cash balances reported within the consolidated balance sheets to the total balance shown in the consolidated statements of cash flows.

	December 31,				December 31,				December 31,				December 31,
(In thousands)	2018				2017				2016				2015
Cash and cash equivalents	$	249,417			$	203,104			$	193,862			$	158,821
Restricted cash	23,785				24,175				16,488				19,030
Total cash, cash equivalents and restricted cash	$	273,202			$	227,279			$	210,350			$	177,851

Schedule of Promotional Allowances

The estimated retail value related to goods and services provided to customers without charge or upon redemption of points under our player loyalty programs, included in departmental revenues, and therefore reducing our gaming revenues, are as follows:

	Year Ended December 31,
(In thousands)	2018				2017				2016
Food & beverage	$	182,960			$	171,904			$	147,494
Rooms	81,671				76,565				75,647
Other	11,939				10,900				11,076

Schedule of Cash Flows Adjustments [Table Text Block]

The effects of adopting Update 2016-18 on our consolidated statement of cash flows for the years ended December 31, 2017 and 2016 were as follows:

	Year Ended December 31, 2017
(In thousands)	As Previously Reported				Adoption of Update 2016-18				As Adjusted
Net cash provided by operating activities	$	414,864			$	7,687			$	422,551
Cash, cash equivalents and restricted cash, beginning of period	$	193,862			$	16,488			$	210,350
Net increase (decrease) in cash, cash equivalents and restricted cash	9,242				7,687				16,929
Cash, cash equivalents and restricted cash, end of period	$	203,104			$	24,175			$	227,279

	Year Ended December 31, 2016
(In thousands)	As Previously Reported				Adoption of Update 2016-18				As Adjusted
Net cash provided by operating activities	$	302,881			$	(2,542	)		$	300,339
Cash, cash equivalents and restricted cash, beginning of period	$	158,821			$	19,030			$	177,851
Net increase (decrease) in cash, cash equivalents and restricted cash	35,041				(2,542		)		32,499
Cash, cash equivalents and restricted cash, end of period	$	193,862			$	16,488			$	210,350

Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block]

The effects of the adoption of the Revenue Standard on our results for the year ended December 31, 2017 are as follows:

	Year Ended December 31, 2017
(In thousands, except per share data)	As Previously Reported				Adoption of Revenue Standard				As Adjusted
Revenues
Gaming	$	1,972,422			$	(232,154	)		$	1,740,268
Food & beverage	349,271				(2,892		)		346,379
Room	188,689				(1,894		)		186,795
Other	132,695				(5,318		)		127,377
Gross revenues	2,643,077				(242,258		)		2,400,819
Less promotional allowances	259,370				(259,370		)		—
Net revenues	2,383,707				17,112				2,400,819
Operating costs and expenses
Gaming	923,266				(163,654		)		759,612
Food & beverage	194,524				140,982				335,506
Room	52,196				32,992				85,188
Other	77,129				6,486				83,615
Selling, general and administrative	362,037				—				362,037
Maintenance and utilities	109,462				—				109,462
Depreciation and amortization	217,522				—				217,522
Corporate expense	88,148				—				88,148
Project development, preopening and writedowns	14,454				—				14,454
Impairments of assets	(426		)		—				(426		)
Other operating items, net	1,900				—				1,900
Total operating costs and expenses	2,040,212				16,806				2,057,018
Operating income	343,495				306				343,801
Other expense (income)
Interest income	(1,818		)		—				(1,818		)
Interest expense, net of amounts capitalized	173,108				—				173,108
Loss on early extinguishments and modifications of debt	1,582				—				1,582
Other, net	(184		)		—				(184		)
Total other expense, net	172,688				—				172,688
Income from continuing operations before income taxes	170,807				306				171,113
Income tax provision	(3,006		)		(109		)		(3,115		)
Income from continuing operations, net of tax	167,801				197				167,998
Income from discontinued operations, net of tax	21,392				—				21,392
Net income	$	189,193			$	197			$	189,390
Basic net income per common share
Continuing operations	$	1.46			$	—			$	1.46
Discontinued operations	0.19				—				0.19
Basic net income per common share	$	1.65			$	—			$	1.65
Weighted average basic shares outstanding	114,957				—				114,957
Diluted net income per common share
Continuing operations	$	1.45			$	—			$	1.45
Discontinued operations	0.19				—				0.19
Diluted net income per common share	$	1.64			$	—			$	1.64
Weighted average diluted shares outstanding	115,628				—				115,628

The effects of the adoption of the Revenue Standard on our results for the year ended December 31, 2016 are as follows:

	Year Ended December 31, 2016
(In thousands, except per share data)	As Previously Reported					Adoption of Revenue Standard				As Adjusted
Revenues
Gaming	$	1,820,176				$	(209,783	)		$	1,610,393
Food & beverage	306,145					(3,440		)		302,705
Room	170,816					(1,425		)		169,391
Other	122,416					(5,646		)		116,770
Gross revenues	2,419,553					(220,294		)		2,199,259
Less promotional allowances	235,577					(235,577		)		—
Net revenues	2,183,976					15,283				2,199,259
Operating costs and expenses
Gaming	880,716					(155,638		)		725,078
Food & beverage	170,053					130,713				300,766
Room	44,245					33,489				77,734
Other	76,719					6,688				83,407
Selling, general and administrative	322,009					250				322,259
Maintenance and utilities	100,020					—				100,020
Depreciation and amortization	196,226					—				196,226
Corporate expense	72,668					—				72,668
Project development, preopening and writedowns	22,107					—				22,107
Impairments of assets	38,302					—				38,302
Other operating items, net	284					—				284
Total operating costs and expenses	1,923,349					15,502				1,938,851
Operating income	260,627					(219		)		260,408
Other expense (income)
Interest income	(2,961		)			—				(2,961		)
Interest expense, net of amounts capitalized	212,692					—				212,692
Loss on early extinguishments and modifications of debt	42,364					—				42,364
Other, net	545					—				545
Total other expense, net	252,640					—				252,640
Income from continuing operations before income taxes	7,987					(219		)		7,768
Income tax benefit	197,486					2,447				199,933
Income from continuing operations, net of tax	205,473					2,228				207,701
Income from discontinued operations, net of tax	212,530					—				212,530
Net income	$	418,003				$	2,228			$	420,231
Basic net income per common share
Continuing operations	$	1.79				$	0.02			$	1.81
Discontinued operations	1.86					—				1.86
Basic net income per common share	$	3.65				$	0.02			$	3.67
Weighted average basic shares outstanding	114,507			114,507		—				114,507
Diluted net income per common share
Continuing operations	$	1.78				$	0.02			$	1.80
Discontinued operations	1.85					—				1.85
Diluted net income per common share	$	3.63				$	0.02			$	3.65
Weighted average diluted shares outstanding	115,189					—				115,189

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