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Note 11 - Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2019
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended September 30, 2019 |
(In thousands) |  | Gaming Revenue |  |  | Food & Beverage Revenue |  |  | Room Revenue |  |  | Other Revenue |  |  | Total Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 137,839 |  |  | $ | 37,415 |  |  | $ | 25,809 |  |  | $ | 12,223 |  |  | $ | 213,286 |
Downtown Las Vegas |  |  | 32,054 |  |  |  | 13,925 |  |  |  | 7,240 |  |  |  | 7,405 |  |  |  | 60,624 |
Midwest & South |  |  | 443,594 |  |  |  | 56,729 |  |  |  | 27,656 |  |  |  | 17,679 |  |  |  | 545,658 |
Total Revenues |  | $ | 613,487 |  |  | $ | 108,069 |  |  | $ | 60,705 |  |  | $ | 37,307 |  |  | $ | 819,568 |
|  | Three Months Ended September 30, 2018 |
(In thousands) |  | Gaming Revenue |  |  | Food & Beverage Revenue |  |  | Room Revenue |  |  | Other Revenue |  |  | Total Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 135,350 |  |  | $ | 37,469 |  |  | $ | 23,421 |  |  | $ | 12,541 |  |  | $ | 208,781 |
Downtown Las Vegas |  |  | 30,952 |  |  |  | 13,713 |  |  |  | 6,673 |  |  |  | 7,825 |  |  |  | 59,163 |
Midwest & South |  |  | 280,458 |  |  |  | 34,824 |  |  |  | 17,890 |  |  |  | 11,080 |  |  |  | 344,252 |
Total Revenues |  | $ | 446,760 |  |  | $ | 86,006 |  |  | $ | 47,984 |  |  | $ | 31,446 |  |  | $ | 612,196 |
|  | Nine Months Ended September 30, 2019 |
(In thousands) |  | Gaming Revenue |  |  | Food & Beverage Revenue |  |  | Room Revenue |  |  | Other Revenue |  |  | Total Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 424,238 |  |  | $ | 115,441 |  |  | $ | 78,458 |  |  | $ | 38,947 |  |  | $ | 657,084 |
Downtown Las Vegas |  |  | 100,807 |  |  |  | 42,463 |  |  |  | 21,541 |  |  |  | 23,305 |  |  |  | 188,116 |
Midwest & South |  |  | 1,342,354 |  |  |  | 173,302 |  |  |  | 79,047 |  |  |  | 53,085 |  |  |  | 1,647,788 |
Total Revenues |  | $ | 1,867,399 |  |  | $ | 331,206 |  |  | $ | 179,046 |  |  | $ | 115,337 |  |  | $ | 2,492,988 |
|  | Nine Months Ended September 30, 2018 |
(In thousands) |  | Gaming Revenue |  |  | Food & Beverage Revenue |  |  | Room Revenue |  |  | Other Revenue |  |  | Total Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 420,986 |  |  | $ | 115,287 |  |  | $ | 75,236 |  |  | $ | 39,421 |  |  | $ | 650,930 |
Downtown Las Vegas |  |  | 96,213 |  |  |  | 41,041 |  |  |  | 20,090 |  |  |  | 23,489 |  |  |  | 180,833 |
Midwest & South |  |  | 817,812 |  |  |  | 102,678 |  |  |  | 50,004 |  |  |  | 32,850 |  |  |  | 1,003,344 |
Total Revenues |  | $ | 1,335,011 |  |  | $ | 259,006 |  |  | $ | 145,330 |  |  | $ | 95,760 |  |  | $ | 1,835,107 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(In thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Adjusted EBITDAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 64,062 |  |  | $ | 60,021 |  |  | $ | 209,745 |  |  | $ | 201,299 |
Downtown Las Vegas |  |  | 11,903 |  |  |  | 11,368 |  |  |  | 42,830 |  |  |  | 38,129 |
Midwest & South |  |  | 156,202 |  |  |  | 97,837 |  |  |  | 477,737 |  |  |  | 290,593 |
Total Reportable Segment Adjusted EBITDAR |  |  | 232,167 |  |  |  | 169,226 |  |  |  | 730,312 |  |  |  | 530,021 |
Corporate expense |  |  | (18,658 | ) |  |  | (20,475 | ) |  |  | (61,182 | ) |  |  | (57,375 | )
Adjusted EBITDAR |  |  | 213,509 |  |  |  | 148,751 |  |  |  | 669,130 |  |  |  | 472,646 |
Other operating costs and expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred rent |  |  | 245 |  |  |  | 275 |  |  |  | 734 |  |  |  | 825 |
Master lease rent expense |  |  | 24,665 |  |  |  | — |  |  |  | 73,058 |  |  |  | — |
Depreciation and amortization |  |  | 65,092 |  |  |  | 54,688 |  |  |  | 200,396 |  |  |  | 159,887 |
Share-based compensation expense |  |  | 3,559 |  |  |  | 5,367 |  |  |  | 21,426 |  |  |  | 20,316 |
Project development, preopening and writedowns |  |  | 5,297 |  |  |  | 18,588 |  |  |  | 14,243 |  |  |  | 27,829 |
Impairment of assets |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 993 |
Other operating items, net |  |  | 1,260 |  |  |  | 265 |  |  |  | 1,564 |  |  |  | 2,196 |
Total other operating costs and expenses |  |  | 100,118 |  |  |  | 79,183 |  |  |  | 311,421 |  |  |  | 212,046 |
Operating income |  | $ | 113,391 |  |  | $ | 69,568 |  |  | $ | 357,709 |  |  | $ | 260,600 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Assets |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 1,816,637 |  |  | $ | 1,732,138 |
Downtown Las Vegas |  |  | 209,792 |  |  |  | 169,495 |
Midwest & South |  |  | 4,243,629 |  |  |  | 3,562,926 |
Total Reportable Segment Assets |  |  | 6,270,058 |  |  |  | 5,464,559 |
Corporate |  |  | 408,026 |  |  |  | 291,780 |
Total Assets |  | $ | 6,678,084 |  |  | $ | 5,756,339 |

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