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Note 14 - Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | Year Ended December 31, 2022 |
|  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 700,230 |  |  | $ | 88,219 |  |  | $ | 87,726 |  |  | $ | 54,555 |  |  | $ | 930,730 |
Downtown Las Vegas |  |  | 139,115 |  |  |  | 41,578 |  |  |  | 24,950 |  |  |  | 9,689 |  |  |  | 215,332 |
Midwest & South |  |  | 1,835,385 |  |  |  | 146,182 |  |  |  | 76,395 |  |  |  | 351,353 |  |  |  | 2,409,315 |
Total Revenues |  | $ | 2,674,730 |  |  | $ | 275,979 |  |  | $ | 189,071 |  |  | $ | 415,597 |  |  | $ | 3,555,377 |
|  | Year Ended December 31, 2021 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 695,635 |  |  | $ | 74,771 |  |  | $ | 71,586 |  |  | $ | 44,062 |  |  | $ | 886,054 |
Downtown Las Vegas |  |  | 105,539 |  |  |  | 28,149 |  |  |  | 15,042 |  |  |  | 7,076 |  |  |  | 155,806 |
Midwest & South |  |  | 1,904,349 |  |  |  | 127,125 |  |  |  | 67,552 |  |  |  | 228,924 |  |  |  | 2,327,950 |
Total Revenues |  | $ | 2,705,523 |  |  | $ | 230,045 |  |  | $ | 154,180 |  |  | $ | 280,062 |  |  | $ | 3,369,810 |
|  | Year Ended December 31, 2020 |
|  |  |  |  |  | Food & |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Gaming |  |  | Beverage |  |  | Room |  |  | Other |  |  | Total |
(In thousands) |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |  |  | Revenue |
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 430,303 |  |  | $ | 59,564 |  |  | $ | 45,446 |  |  | $ | 26,676 |  |  | $ | 561,989 |
Downtown Las Vegas |  |  | 58,468 |  |  |  | 18,647 |  |  |  | 9,369 |  |  |  | 8,019 |  |  |  | 94,503 |
Midwest & South |  |  | 1,286,587 |  |  |  | 100,667 |  |  |  | 50,153 |  |  |  | 84,591 |  |  |  | 1,521,998 |
Total Revenues |  | $ | 1,775,358 |  |  | $ | 178,878 |  |  | $ | 104,968 |  |  | $ | 119,286 |  |  | $ | 2,178,490 |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] |
|  | Year Ended December 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Adjusted EBITDAR |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 481,643 |  |  | $ | 473,187 |  |  | $ | 198,744 |
Downtown Las Vegas |  |  | 86,049 |  |  |  | 51,300 |  |  |  | 1,075 |
Midwest & South |  |  | 911,541 |  |  |  | 926,955 |  |  |  | 480,446 |
Corporate expense |  |  | (88,724 | ) |  |  | (85,457 | ) |  |  | (70,371 | )
Adjusted EBITDAR |  |  | 1,390,509 |  |  |  | 1,365,985 |  |  |  | 609,894 |
Other operating costs and expenses |  |  |  |  |  |  |  |  |  |  |  |
Deferred rent |  |  | 768 |  |  |  | 828 |  |  |  | 888 |
Master lease rent expense |  |  | 106,616 |  |  |  | 104,702 |  |  |  | 101,907 |
Depreciation and amortization |  |  | 258,179 |  |  |  | 267,787 |  |  |  | 281,031 |
Share-based compensation expense |  |  | 34,066 |  |  |  | 37,773 |  |  |  | 9,202 |
Project development, preopening and writedowns |  |  | (18,936 | ) |  |  | 31,815 |  |  |  | (661 | )
Impairment of assets |  |  | 40,775 |  |  |  | 8,200 |  |  |  | 174,700 |
Other operating items, net |  |  | (12,183 | ) |  |  | 14,776 |  |  |  | 28,564 |
Total other operating costs and expenses |  |  | 409,285 |  |  |  | 465,881 |  |  |  | 595,631 |
Operating income |  |  | 981,224 |  |  |  | 900,104 |  |  |  | 14,263 |
Other expense (income) |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  |  | (21,530 | ) |  |  | (1,819 | ) |  |  | (1,900 | )
Interest expense, net of amounts capitalized |  |  | 151,249 |  |  |  | 199,442 |  |  |  | 230,484 |
Loss on early extinguishments and modifications of debt |  |  | 19,815 |  |  |  | 95,155 |  |  |  | 1,791 |
Other, net |  |  | 2,884 |  |  |  | 3,387 |  |  |  | (45,098 | )
Total other expense, net |  |  | 152,418 |  |  |  | 296,165 |  |  |  | 185,277 |
Income before income taxes |  |  | 828,806 |  |  |  | 603,939 |  |  |  | (171,014 | )
Income tax provision |  |  | (189,429 | ) |  |  | (140,093 | ) |  |  | 36,314 |
Net income |  | $ | 639,377 |  |  | $ | 463,846 |  |  | $ | (134,700 | )
Reconciliation of Assets from Segment to Consolidated [Table Text Block] |
|  | December 31, |  |  | December 31, |
(In thousands) |  | 2022 |  |  | 2021 |
Assets |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 1,613,553 |  |  | $ | 1,641,409 |
Downtown Las Vegas |  |  | 265,876 |  |  |  | 228,161 |
Midwest & South |  |  | 4,040,681 |  |  |  | 3,947,076 |
Total Reportable Segment Assets |  |  | 5,920,110 |  |  |  | 5,816,646 |
Corporate |  |  | 391,017 |  |  |  | 407,523 |
Total Assets |  | $ | 6,311,127 |  |  | $ | 6,224,169 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] |
|  | Year Ended December 31, |
(In thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 37,339 |  |  | $ | 24,724 |  |  | $ | 23,936 |
Downtown Las Vegas |  |  | 52,423 |  |  |  | 36,954 |  |  |  | 15,150 |
Midwest & South |  |  | 114,041 |  |  |  | 90,994 |  |  |  | 68,933 |
Total Reportable Segment Capital Expenditures |  |  | 203,803 |  |  |  | 152,672 |  |  |  | 108,019 |
Corporate |  |  | 67,874 |  |  |  | 49,953 |  |  |  | 66,767 |
Total Capital Expenditures |  |  | 271,677 |  |  |  | 202,625 |  |  |  | 174,786 |
Change in Accrued Capital Expenditure Additions |  |  | (2,522 | ) |  |  | (3,173 | ) |  |  | 244 |
Cash-Based Capital Expenditures |  | $ | 269,155 |  |  | $ | 199,452 |  |  | $ | 175,030 |

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