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Note 3 - Goodwill and Intangible Assets, Net | 9 Months Ended
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Sep. 30, 2021
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | NOTE 3. GOODWILL AND INTANGIBLE ASSETS, NET Intangible assets, net consist of the following:
|  | September 30, 2021 |
|  | Weighted |  |  | Gross |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Useful Life |  |  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Intangible |
(In thousands) |  | Remaining (in years) |  |  | Value |  |  | Amortization |  |  | Losses |  |  | Assets, Net |
Amortizing intangibles |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 1.7 |  |  | $ | 68,100 |  |  | $ | (61,614 | ) |  | $ | — |  |  | $ | 6,486 |
Host agreements |  | 11.7 |  |  |  | 58,000 |  |  |  | (12,889 | ) |  |  | — |  |  |  | 45,111 |
Development agreement |  | — |  |  |  | 21,373 |  |  |  | — |  |  |  | — |  |  |  | 21,373 |
|  |  |  |  |  | 147,473 |  |  |  | (74,503 | ) |  |  | — |  |  |  | 72,970 |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | Indefinite |  |  |  | 204,000 |  |  |  | — |  |  |  | (24,800 | ) |  |  | 179,200 |
Gaming license rights |  | Indefinite |  |  |  | 1,377,885 |  |  |  | (33,960 | ) |  |  | (222,174 | ) |  |  | 1,121,751 |
|  |  |  |  |  | 1,581,885 |  |  |  | (33,960 | ) |  |  | (246,974 | ) |  |  | 1,300,951 |
Balances, September 30, 2021 |  |  |  |  | $ | 1,729,358 |  |  | $ | (108,463 | ) |  | $ | (246,974 | ) |  | $ | 1,373,921 |
|  | December 31, 2020 |
|  | Weighted |  |  | Gross |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Useful Life |  |  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Intangible |
(In thousands) |  | Remaining (in years) |  |  | Value |  |  | Amortization |  |  | Losses |  |  | Assets, Net |
Amortizing intangibles |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 2.5 |  |  | $ | 68,100 |  |  | $ | (55,062 | ) |  | $ | — |  |  | $ | 13,038 |
Host agreements |  | 12.4 |  |  |  | 58,000 |  |  |  | (9,989 | ) |  |  | — |  |  |  | 48,011 |
Development agreement |  | — |  |  |  | 21,373 |  |  |  | — |  |  |  | — |  |  |  | 21,373 |
|  |  |  |  |  | 147,473 |  |  |  | (65,051 | ) |  |  | — |  |  |  | 82,422 |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | Indefinite |  |  |  | 204,000 |  |  |  | — |  |  |  | (24,800 | ) |  |  | 179,200 |
Gaming license rights |  | Indefinite |  |  |  | 1,376,685 |  |  |  | (33,960 | ) |  |  | (222,174 | ) |  |  | 1,120,551 |
|  |  |  |  |  | 1,580,685 |  |  |  | (33,960 | ) |  |  | (246,974 | ) |  |  | 1,299,751 |
Balances, December 31, 2020 |  |  |  |  | $ | 1,728,158 |  |  | $ | (99,011 | ) |  | $ | (246,974 | ) |  | $ | 1,382,173 |
Goodwill, net consists of the following:
|  | Gross |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Goodwill, |
(In thousands) |  | Value |  |  | Amortization |  |  | Losses |  |  | Net |
Goodwill, net by Reportable Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 593,567 |  |  | $ | — |  |  | $ | (188,079 | ) |  | $ | 405,488 |
Downtown Las Vegas |  |  | 6,997 |  |  |  | (6,134 | ) |  |  | — |  |  |  | 863 |
Midwest & South |  |  | 666,798 |  |  |  | — |  |  |  | (101,862 | ) |  |  | 564,936 |
Balances, September 30, 2021 |  | $ | 1,267,362 |  |  | $ | (6,134 | ) |  | $ | (289,941 | ) |  | $ | 971,287 |
The following table sets forth the changes in our goodwill, net, during the nine months ended September 30, 2021.
(In thousands) |  | Goodwill, Net |
Balance, January 1, 2021 |  | $ | 971,287 |
Additions |  |  | — |
Impairments |  |  | — |
Balance, September 30, 2021 |  | $ | 971,287 |

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