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Note 9 - Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2021
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended September 30, 2021 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 179,441 |  |  | $ | 20,412 |  |  | $ | 20,176 |  |  | $ | 11,235 |  |  | $ | 231,264 |
Downtown Las Vegas |  |  | 28,132 |  |  |  | 7,343 |  |  |  | 4,000 |  |  |  | 2,662 |  |  |  | 42,137 |
Midwest & South |  |  | 466,654 |  |  |  | 33,346 |  |  |  | 20,141 |  |  |  | 49,518 |  |  |  | 569,659 |
Total Revenues |  | $ | 674,227 |  |  | $ | 61,101 |  |  | $ | 44,317 |  |  | $ | 63,415 |  |  | $ | 843,060 |
|  | Three Months Ended September 30, 2020 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | 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 |
|  | Nine Months Ended September 30, 2021 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 516,174 |  |  | $ | 52,959 |  |  | $ | 49,344 |  |  | $ | 31,305 |  |  | $ | 649,782 |
Downtown Las Vegas |  |  | 70,168 |  |  |  | 17,657 |  |  |  | 9,269 |  |  |  | 5,256 |  |  |  | 102,350 |
Midwest & South |  |  | 1,433,273 |  |  |  | 92,025 |  |  |  | 50,771 |  |  |  | 161,768 |  |  |  | 1,737,837 |
Total Revenues |  | $ | 2,019,615 |  |  | $ | 162,641 |  |  | $ | 109,384 |  |  | $ | 198,329 |  |  | $ | 2,489,969 |
|  | Nine Months Ended September 30, 2020 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | 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 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
(In thousands) |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Adjusted EBITDAR |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 125,360 |  |  | $ | 78,900 |  |  | $ | 349,572 |  |  | $ | 128,520 |
Downtown Las Vegas |  |  | 13,222 |  |  |  | (1,511 | ) |  |  | 31,083 |  |  |  | 1,225 |
Midwest & South |  |  | 222,058 |  |  |  | 182,502 |  |  |  | 700,199 |  |  |  | 320,986 |
Corporate expense |  |  | (19,943 | ) |  |  | (21,048 | ) |  |  | (62,165 | ) |  |  | (51,333 | )
Adjusted EBITDAR |  |  | 340,697 |  |  |  | 238,843 |  |  |  | 1,018,689 |  |  |  | 399,398 |
Other operating costs and expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred rent |  |  | 207 |  |  |  | 217 |  |  |  | 621 |  |  |  | 666 |
Master lease rent expense |  |  | 26,306 |  |  |  | 25,914 |  |  |  | 78,396 |  |  |  | 75,992 |
Depreciation and amortization |  |  | 67,586 |  |  |  | 69,320 |  |  |  | 199,332 |  |  |  | 205,498 |
Share-based compensation expense |  |  | 9,783 |  |  |  | (858 | ) |  |  | 28,307 |  |  |  | 10,026 |
Project development, preopening and writedowns |  |  | 10,646 |  |  |  | 2,249 |  |  |  | 13,515 |  |  |  | 9,582 |
Impairment of assets |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 171,100 |
Other operating items, net |  |  | 3,023 |  |  |  | 14,928 |  |  |  | 15,295 |  |  |  | 23,570 |
Total other operating costs and expenses |  |  | 117,551 |  |  |  | 111,770 |  |  |  | 335,466 |  |  |  | 496,434 |
Operating income (loss) |  | $ | 223,146 |  |  | $ | 127,073 |  |  | $ | 683,223 |  |  | $ | (97,036 | )
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2021 |  |  | 2020 |
Assets |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 1,663,707 |  |  | $ | 1,690,511 |
Downtown Las Vegas |  |  | 247,110 |  |  |  | 213,507 |
Midwest & South |  |  | 3,908,874 |  |  |  | 3,984,063 |
Total Reportable Segment Assets |  |  | 5,819,691 |  |  |  | 5,888,081 |
Corporate |  |  | 680,426 |  |  |  | 670,867 |
Total Assets |  | $ | 6,500,117 |  |  | $ | 6,558,948 |

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