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Note 4 - Intangible Assets, Net

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

NOTE 4. INTANGIBLE ASSETS, NET

Intangible assets, net consist of the following:

		*September 30, 2019*
		*Weighted*			*Gross*								*Cumulative*
		*Average Life*			*Carrying*				*Cumulative*				*Impairment*				*Intangible*
*(In thousands)*		*Remaining (in years)*			*Value*				*Amortization*				*Losses*				*Assets, Net*
*Amortizing intangibles*
Customer relationships		3.7			$	68,100			$	(33,532	)		$	—			$	34,568
Favorable lease rates		36.3				11,730				(3,472	)			—				8,258
Development agreement		—				21,373				—				—				21,373
Host agreements		13.7				58,000				(5,156	)			—				52,844
						159,203				(42,160	)			—				117,043

*Indefinite lived intangible assets*
Trademarks		Indefinite				206,687				—				(4,300	)			202,387
Gaming license rights		Indefinite				1,376,685				(33,960	)			(179,974	)			1,162,751
						1,583,372				(33,960	)			(184,274	)			1,365,138
Balances, September 30, 2019					$	1,742,575			$	(76,120	)		$	(184,274	)		$	1,482,181

		*December 31, 2018*
		*Weighted*			*Gross*								*Cumulative*
		*Average Life*			*Carrying*				*Cumulative*				*Impairment*				*Intangible*
*(In thousands)*		*Remaining (in years)*			*Value*				*Amortization*				*Losses*				*Assets, Net*
*Amortizing intangibles*
Customer relationships		7.3			$	65,400			$	(15,113	)		$	—			$	50,287
Favorable lease rates		37.0				11,730				(3,302	)			—				8,428
Development agreement		—				21,373				—				—				21,373
Host agreements		14.4				58,000				(2,256	)			—				55,744
						156,503				(20,671	)			—				135,832

*Indefinite lived intangible assets*
Trademarks		Indefinite				207,387				—				(4,300	)			203,087
Gaming license rights		Indefinite				1,341,685				(33,960	)			(179,974	)			1,127,751
						1,549,072				(33,960	)			(184,274	)			1,330,838
Balances, December 31, 2018					$	1,705,575			$	(54,631	)		$	(184,274	)		$	1,466,670

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