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Note 9 - Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2020
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended September 30, 2020 |
(In thousands) |  | Gaming Revenue |  |  | Food & Beverage Revenue |  |  | Room Revenue |  |  | Other Revenue |  |  | Total Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 141,143 |  |  | $ | 12,501 |  |  | $ | 10,914 |  |  | $ | 6,518 |  |  | $ | 171,076 |
Downtown Las Vegas |  |  | 12,678 |  |  |  | 2,992 |  |  |  | 1,350 |  |  |  | 519 |  |  |  | 17,539 |
Midwest & South |  |  | 412,144 |  |  |  | 23,285 |  |  |  | 14,661 |  |  |  | 13,533 |  |  |  | 463,623 |
Total Revenues |  | $ | 565,965 |  |  | $ | 38,778 |  |  | $ | 26,925 |  |  | $ | 20,570 |  |  | $ | 652,238 |
|  | 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 |
|  | Nine Months Ended September 30, 2020 |
(In thousands) |  | Gaming Revenue |  |  | Food & Beverage Revenue |  |  | Room Revenue |  |  | Other Revenue |  |  | Total Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 298,307 |  |  | $ | 47,039 |  |  | $ | 35,278 |  |  | $ | 19,907 |  |  | $ | 400,531 |
Downtown Las Vegas |  |  | 45,663 |  |  |  | 15,599 |  |  |  | 7,825 |  |  |  | 7,229 |  |  |  | 76,316 |
Midwest & South |  |  | 916,871 |  |  |  | 76,685 |  |  |  | 37,467 |  |  |  | 34,752 |  |  |  | 1,065,775 |
Total Revenues |  | $ | 1,260,841 |  |  | $ | 139,323 |  |  | $ | 80,570 |  |  | $ | 61,888 |  |  | $ | 1,542,622 |
|  | 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 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(In thousands) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Adjusted EBITDAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 78,900 |  |  | $ | 64,062 |  |  | $ | 128,520 |  |  | $ | 209,745 |
Downtown Las Vegas |  |  | (1,511 | ) |  |  | 11,903 |  |  |  | 1,225 |  |  |  | 42,830 |
Midwest & South |  |  | 182,502 |  |  |  | 156,202 |  |  |  | 320,986 |  |  |  | 477,737 |
Corporate expense |  |  | (21,048 | ) |  |  | (18,658 | ) |  |  | (51,333 | ) |  |  | (61,182 | )
Adjusted EBITDAR |  |  | 238,843 |  |  |  | 213,509 |  |  |  | 399,398 |  |  |  | 669,130 |
Other operating costs and expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred rent |  |  | 217 |  |  |  | 245 |  |  |  | 666 |  |  |  | 734 |
Master lease rent expense |  |  | 25,914 |  |  |  | 24,665 |  |  |  | 75,992 |  |  |  | 73,058 |
Depreciation and amortization |  |  | 69,320 |  |  |  | 65,092 |  |  |  | 205,498 |  |  |  | 200,396 |
Share-based compensation expense |  |  | (858 | ) |  |  | 3,559 |  |  |  | 10,026 |  |  |  | 21,426 |
Project development, preopening and writedowns |  |  | 2,249 |  |  |  | 5,297 |  |  |  | 9,582 |  |  |  | 14,243 |
Impairment of assets |  |  | — |  |  |  | — |  |  |  | 171,100 |  |  |  | — |
Other operating items, net |  |  | 14,928 |  |  |  | 1,260 |  |  |  | 23,570 |  |  |  | 1,564 |
Total other operating costs and expenses |  |  | 111,770 |  |  |  | 100,118 |  |  |  | 496,434 |  |  |  | 311,421 |
Operating income (loss) |  | $ | 127,073 |  |  | $ | 113,391 |  |  | $ | (97,036 | ) |  | $ | 357,709 |
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2020 |  |  | 2019 |
Assets |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 1,707,799 |  |  | $ | 1,804,476 |
Downtown Las Vegas |  |  | 202,311 |  |  |  | 212,936 |
Midwest & South |  |  | 3,974,476 |  |  |  | 4,229,174 |
Total Reportable Segment Assets |  |  | 5,884,586 |  |  |  | 6,246,586 |
Corporate |  |  | 683,057 |  |  |  | 403,559 |
Total Assets |  | $ | 6,567,643 |  |  | $ | 6,650,145 |

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