SEGMENT INFORMATION

We aggregate certain of our gaming entertainment properties in order to present three Reportable Segments: (i) Las Vegas Locals; (ii) Downtown Las Vegas; and (iii) Midwest & South. 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
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

Total Reportable Segment Departmental Revenues and Adjusted EBITDAR

We evaluate each of our property's profitability based upon Property Adjusted EBITDAR, which represents each property's earnings before interest expense, income taxes, depreciation and amortization, deferred rent, share-based compensation expense, project development, preopening and writedowns expenses, impairments of assets, other operating items, net, gain or loss on early retirements of debt, and master lease rent expense, as applicable. Total Reportable Segment Adjusted EBITDAR is the aggregate sum of the Property Adjusted EBITDAR for each of the properties included in our Las Vegas Locals, Downtown Las Vegas, and Midwest & South segments. Results for Downtown Las Vegas include the results of our Hawaii-based travel agency and captive insurance company. Results for our Illinois distributed gaming operator are included in our Midwest & South segment.

The following tables set forth, for the periods indicated, departmental revenues for our Reportable Segments:



	Three Months Ended March 31, 2019
(In thousands)	Gaming Revenue		Food & Beverage Revenue		Room Revenue		Other Revenue		Total Revenue
Revenues
Las Vegas Locals	$	143,643	$	39,056	$	26,204	$	13,947	$	222,850
Downtown Las Vegas	33,939		14,103		7,198		7,786		63,026
Midwest & South	442,671		57,931		23,842		16,968		541,412
Total Revenues	$	620,253	$	111,090	$	57,244	$	38,701	$	827,288



	Three Months Ended March 31, 2018
(In thousands)	Gaming Revenue		Food & Beverage Revenue		Room Revenue		Other Revenue		Total Revenue
Revenues
Las Vegas Locals	$	143,148	$	38,870	$	26,156	$	14,001	$	222,175
Downtown Las Vegas	32,439		13,587		6,811		7,631		60,468
Midwest & South	264,876		32,942		14,945		10,712		323,475
Total Revenues	$	440,463	$	85,399	$	47,912	$	32,344	$	606,118

The following table reconciles, for the periods indicated, Total Reportable Segment Adjusted EBITDAR to operating income, as reported in our accompanying condensed consolidated statements of operations:



	Three Months Ended
	March 31,
(In thousands)	2019			2018
Adjusted EBITDAR
Las Vegas Locals	$	74,234		$	71,030
Downtown Las Vegas	15,025			13,218
Midwest & South	156,471			94,246
Total Reportable Segment Adjusted EBITDAR	245,730			178,494
Corporate expense	(22,705		)	(18,022		)
Adjusted EBITDAR	223,025			160,472

Other operating costs and expenses
Deferred rent	245			256
Master lease rent expense	23,962			—
Depreciation and amortization	67,253			51,276
Share-based compensation expense	9,709			8,927
Project development, preopening and writedowns	4,031			3,440
Other operating items, net	199			1,799
Total other operating costs and expenses	105,399			65,698
Operating income	$	117,626		$	94,774

For purposes of this presentation, corporate expense excludes its portion of share-based compensation expense. Corporate expense represents unallocated payroll, professional fees, aircraft expenses and various other expenses not directly related to our casino and hotel operations.

Total Reportable Segment Assets

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



	March 31,		December 31,
(In thousands)	2019		2018
Assets
Las Vegas Locals	$	1,856,666	$	1,732,138
Downtown Las Vegas	214,844		169,495
Midwest & South	4,282,255		3,562,926
Total Reportable Segment Assets	6,353,765		5,464,559
Corporate	361,846		291,780
Total Assets	$	6,715,611	$	5,756,339