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Note 10 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

		*Three Months Ended September 30, 2023*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	165,153			$	21,454			$	21,324			$	—			$	—			$	13,902			$	221,833
Downtown Las Vegas			31,916				9,876				5,312				—				—				2,441				49,545
Midwest & South			433,650				39,656				22,084				—				—				17,638				513,028
Online			—				—				—				90,288				—				—				90,288
Managed & Other			10,449				—				—				—				17,153				868				28,470
Total Revenues		$	641,168			$	70,986			$	48,720			$	90,288			$	17,153			$	34,849			$	903,164

		*Three Months Ended September 30, 2022 (1)*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	172,263			$	21,120			$	19,982			$	—			$	—			$	12,426			$	225,791
Downtown Las Vegas			31,872				9,583				5,552				—				—				2,500				49,507
Midwest & South			452,052				37,089				21,138				—				—				17,257				527,536
Online			—				—				—				52,353				—				—				52,353
Managed & Other			11,788				—				—				—				10,159				129				22,076
Total Revenues		$	667,975			$	67,792			$	46,672			$	52,353			$	10,159			$	32,312			$	877,263

		*Nine Months Ended September 30, 2023*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	513,460			$	66,436			$	70,000			$	—			$	—			$	43,147			$	693,043
Downtown Las Vegas			102,765				30,515				17,797				—				—				8,016				159,093
Midwest & South			1,317,175				115,985				60,749				—				—				50,138				1,544,047
Online			—				—				—				298,153				—				—				298,153
Managed & Other			32,805				—				—				—				54,629				2,310				89,744
Total Revenues		$	1,966,205			$	212,936			$	148,546			$	298,153			$	54,629			$	103,611			$	2,784,080

		*Nine Months Ended September 30, 2022 (1)*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	522,728			$	64,257			$	62,528			$	—			$	—			$	40,301			$	689,814
Downtown Las Vegas			99,249				29,865				17,152				—				—				6,624				152,890
Midwest & South			1,363,445				107,712				59,305				—				—				49,072				1,579,534
Online			—				—				—				164,203				—				—				164,203
Managed & Other			35,432				—				—				—				10,159				424				46,015
Total Revenues		$	2,020,854			$	201,834			$	138,985			$	164,203			$	10,159			$	96,421			$	2,632,456

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

		*Three Months Ended*								*Nine Months Ended*
		*September 30,*								*September 30,*
*(In thousands)*		*2023*				*2022 (1)*				*2023*				*2022 (1)*
Adjusted EBITDAR
Las Vegas Locals		$	105,985			$	111,733			$	350,540			$	355,762
Downtown Las Vegas			15,857				17,704				57,876				58,216
Midwest & South			190,588				211,292				591,105				642,351
Online			11,005				6,350				45,028				22,916
Managed & Other			18,997				12,553				60,094				17,458
Corporate expense			(21,611	)			(21,934	)			(65,314	)			(66,296	)
Adjusted EBITDAR			320,821				337,698				1,039,329				1,030,407
Other operating costs and expenses
Deferred rent			177				192				531				576
Master lease rent expense			27,236				26,828				81,163				79,788
Depreciation and amortization			64,797				64,956				188,577				194,191
Share-based compensation expense			8,033				5,653				28,050				28,486
Project development, preopening and writedowns			2,405				9,645				(11,268	)			528
Impairment of assets			—				5,575				4,537				5,575
Other operating items, net			301				(12,610	)			959				(12,324	)
Total other operating costs and expenses			102,949				100,239				292,549				296,820
Operating income			217,872				237,459				746,780				733,587
Other expense (income)
Interest income			(1,585	)			(2,073	)			(22,445	)			(2,976	)
Interest expense, net of amounts capitalized			42,352				36,001				128,933				110,125
Loss on early extinguishments and modifications of debt			—				—				—				19,809
Other, net			(30	)			170				596				3,667
Total other expense, net			40,737				34,098				107,084				130,625
Income before income taxes			177,135				203,361				639,696				602,962
Income tax provision			(41,902	)			(46,359	)			(112,278	)			(136,269	)
Net income		$	135,233			$	157,002			$	527,418			$	466,693

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

		*September 30,*				*December 31,*
*(In thousands)*		*2023*				*2022*
Assets
Las Vegas Locals		$	1,612,047			$	1,613,553
Downtown Las Vegas			291,815				265,876
Midwest & South			3,759,733				3,745,476
Online			223,566				226,800
Managed & Other			154,187				207,962
Corporate			270,263				251,460
Total Assets		$	6,311,611			$	6,311,127