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Note 9 - Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2021
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended June 30, 2021 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 187,511 |  |  | $ | 19,117 |  |  | $ | 18,481 |  |  | $ | 10,986 |  |  | $ | 236,095 |
Downtown Las Vegas |  |  | 27,190 |  |  |  | 6,502 |  |  |  | 3,448 |  |  |  | 1,640 |  |  |  | 38,780 |
Midwest & South |  |  | 512,761 |  |  |  | 31,809 |  |  |  | 17,148 |  |  |  | 57,009 |  |  |  | 618,727 |
Total Revenues |  | $ | 727,462 |  |  | $ | 57,428 |  |  | $ | 39,077 |  |  | $ | 69,635 |  |  | $ | 893,602 |
|  | Three Months Ended June 30, 2020 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 40,846 |  |  | $ | 3,367 |  |  | $ | 2,383 |  |  | $ | 2,095 |  |  | $ | 48,691 |
Downtown Las Vegas |  |  | 3,140 |  |  |  | 882 |  |  |  | 327 |  |  |  | 315 |  |  |  | 4,664 |
Midwest & South |  |  | 141,125 |  |  |  | 6,412 |  |  |  | 4,208 |  |  |  | 4,759 |  |  |  | 156,504 |
Total Revenues |  | $ | 185,111 |  |  | $ | 10,661 |  |  | $ | 6,918 |  |  | $ | 7,169 |  |  | $ | 209,859 |
|  | Six Months Ended June 30, 2021 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 336,733 |  |  | $ | 32,547 |  |  | $ | 29,168 |  |  | $ | 20,070 |  |  | $ | 418,518 |
Downtown Las Vegas |  |  | 42,036 |  |  |  | 10,314 |  |  |  | 5,269 |  |  |  | 2,594 |  |  |  | 60,213 |
Midwest & South |  |  | 966,619 |  |  |  | 58,679 |  |  |  | 30,630 |  |  |  | 112,250 |  |  |  | 1,168,178 |
Total Revenues |  | $ | 1,345,388 |  |  | $ | 101,540 |  |  | $ | 65,067 |  |  | $ | 134,914 |  |  | $ | 1,646,909 |
|  | Six Months Ended June 30, 2020 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 157,164 |  |  | $ | 34,538 |  |  | $ | 24,364 |  |  | $ | 13,389 |  |  | $ | 229,455 |
Downtown Las Vegas |  |  | 32,985 |  |  |  | 12,607 |  |  |  | 6,475 |  |  |  | 6,710 |  |  |  | 58,777 |
Midwest & South |  |  | 504,727 |  |  |  | 53,400 |  |  |  | 22,806 |  |  |  | 21,219 |  |  |  | 602,152 |
Total Revenues |  | $ | 694,876 |  |  | $ | 100,545 |  |  | $ | 53,645 |  |  | $ | 41,318 |  |  | $ | 890,384 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
(In thousands) |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Adjusted EBITDAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 133,570 |  |  | $ | 2,858 |  |  | $ | 224,212 |  |  | $ | 49,620 |
Downtown Las Vegas |  |  | 15,421 |  |  |  | (7,220 | ) |  |  | 17,861 |  |  |  | 2,736 |
Midwest & South |  |  | 259,992 |  |  |  | 32,655 |  |  |  | 478,141 |  |  |  | 138,484 |
Corporate expense |  |  | (23,588 | ) |  |  | (12,171 | ) |  |  | (42,222 | ) |  |  | (30,285 | )
Adjusted EBITDAR |  |  | 385,395 |  |  |  | 16,122 |  |  |  | 677,992 |  |  |  | 160,555 |
Other operating costs and expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred rent |  |  | 207 |  |  |  | 227 |  |  |  | 414 |  |  |  | 449 |
Master lease rent expense |  |  | 26,175 |  |  |  | 25,413 |  |  |  | 52,090 |  |  |  | 50,078 |
Depreciation and amortization |  |  | 67,279 |  |  |  | 69,213 |  |  |  | 131,746 |  |  |  | 136,178 |
Share-based compensation expense |  |  | 12,823 |  |  |  | 2,693 |  |  |  | 18,524 |  |  |  | 10,884 |
Project development, preopening and writedowns |  |  | 1,454 |  |  |  | 3,825 |  |  |  | 2,869 |  |  |  | 7,333 |
Impairment of assets |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 171,100 |
Other operating items, net |  |  | 11,115 |  |  |  | 1,099 |  |  |  | 12,272 |  |  |  | 8,642 |
Total other operating costs and expenses |  |  | 119,053 |  |  |  | 102,470 |  |  |  | 217,915 |  |  |  | 384,664 |
Operating income (loss) |  | $ | 266,342 |  |  | $ | (86,348 | ) |  | $ | 460,077 |  |  | $ | (224,109 | )
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2021 |  |  | 2020 |
Assets |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 1,673,175 |  |  | $ | 1,690,511 |
Downtown Las Vegas |  |  | 241,533 |  |  |  | 213,507 |
Midwest & South |  |  | 3,930,588 |  |  |  | 3,984,063 |
Total Reportable Segment Assets |  |  | 5,845,296 |  |  |  | 5,888,081 |
Corporate |  |  | 446,617 |  |  |  | 670,867 |
Total Assets |  | $ | 6,291,913 |  |  | $ | 6,558,948 |

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