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Note 3 - Goodwill and Intangible Assets, Net (Tables) | 3 Months Ended
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Mar. 31, 2024
Notes Tables |
Schedule of Intangible Assets and Goodwill [Table Text Block] |
|  | March 31, 2024 |
|  | Weighted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Useful Life |  |  | Gross |  |  |  |  |  |  | Accumulated |  |  | Effect of Foreign |  |  |  |  |
|  | Remaining |  |  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Currency |  |  | Intangible |
(In thousands) |  | (in years) |  |  | Value |  |  | Amortization |  |  | Losses |  |  | Exchange |  |  | Assets, Net |
Amortizing intangibles |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 0.8 |  |  | $ | 3,925 |  |  | $ | (3,895 | ) |  | $ | — |  |  | $ | — |  |  | $ | 30 |
Host agreements |  |  | 9.2 |  |  |  | 58,000 |  |  |  | (22,556 | ) |  |  | — |  |  |  | — |  |  |  | 35,444 |
Development agreement |  |  | 5.4 |  |  |  | 21,373 |  |  |  | (4,961 | ) |  |  | — |  |  |  | — |  |  |  | 16,412 |
Developed technology |  |  | 8.2 |  |  |  | 40,872 |  |  |  | (5,575 | ) |  |  | — |  |  |  | 57 |  |  |  | 35,354 |
B2B relationships |  |  | 5.8 |  |  |  | 28,000 |  |  |  | (5,545 | ) |  |  | — |  |  |  | 14 |  |  |  | 22,469 |
B2C relationships |  |  | 10.6 |  |  |  | 13,000 |  |  |  | (1,535 | ) |  |  | — |  |  |  | — |  |  |  | 11,465 |
|  |  |  |  |  |  | 165,170 |  |  |  | (44,067 | ) |  |  | — |  |  |  | 71 |  |  |  | 121,174 |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | Indefinite |  |  |  | 199,900 |  |  |  | — |  |  |  | (32,275 | ) |  |  | — |  |  |  | 167,625 |
Gaming license rights |  | Indefinite |  |  |  | 1,378,081 |  |  |  | (33,960 | ) |  |  | (253,974 | ) |  |  | — |  |  |  | 1,090,147 |
|  |  |  |  |  |  | 1,577,981 |  |  |  | (33,960 | ) |  |  | (286,249 | ) |  |  | — |  |  |  | 1,257,772 |
Balances, March 31, 2024 |  |  |  |  |  | $ | 1,743,151 |  |  | $ | (78,027 | ) |  | $ | (286,249 | ) |  | $ | 71 |  |  | $ | 1,378,946 |
|  | December 31, 2023 |
|  | Weighted |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Useful Life |  |  | Gross |  |  |  |  |  |  | Accumulated |  |  | Effect of Foreign |  |  |  |  |
|  | Remaining |  |  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Currency |  |  | Intangible |
(In thousands) |  | (in years) |  |  | Value |  |  | Amortization |  |  | Losses |  |  | Exchange |  |  | Assets, Net |
Amortizing intangibles |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 0.1 |  |  | $ | 35,050 |  |  | $ | (35,010 | ) |  | $ | — |  |  | $ | — |  |  | $ | 40 |
Host agreements |  |  | 9.4 |  |  |  | 58,000 |  |  |  | (21,589 | ) |  |  | — |  |  |  | — |  |  |  | 36,411 |
Development agreement |  |  | 5.6 |  |  |  | 21,373 |  |  |  | (4,198 | ) |  |  | — |  |  |  | — |  |  |  | 17,175 |
Developed technology |  |  | 8.5 |  |  |  | 39,981 |  |  |  | (4,482 | ) |  |  | — |  |  |  | 225 |  |  |  | 35,724 |
B2B relationships |  |  | 6.0 |  |  |  | 28,000 |  |  |  | (4,566 | ) |  |  | — |  |  |  | 52 |  |  |  | 23,486 |
B2C relationships |  |  | 10.8 |  |  |  | 13,000 |  |  |  | (1,264 | ) |  |  | — |  |  |  | — |  |  |  | 11,736 |
|  |  |  |  |  |  | 195,404 |  |  |  | (71,109 | ) |  |  | — |  |  |  | 277 |  |  |  | 124,572 |
Indefinite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | Indefinite |  |  |  | 199,900 |  |  |  | — |  |  |  | (32,275 | ) |  |  | — |  |  |  | 167,625 |
Gaming license rights |  | Indefinite |  |  |  | 1,378,081 |  |  |  | (33,960 | ) |  |  | (243,474 | ) |  |  | — |  |  |  | 1,100,647 |
|  |  |  |  |  |  | 1,577,981 |  |  |  | (33,960 | ) |  |  | (275,749 | ) |  |  | — |  |  |  | 1,268,272 |
Balances, December 31, 2023 |  |  |  |  |  | $ | 1,773,385 |  |  | $ | (105,069 | ) |  | $ | (275,749 | ) |  | $ | 277 |  |  | $ | 1,392,844 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
(In thousands) |  | Customer Relationships |  |  | Host Agreements |  |  | Development Agreement |  |  | Developed Technology |  |  | B2B Relationships |  |  | B2C Relationships |  |  | Total |
For the year ending December 31, |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2024 (excluding three months ended March 31, 2024) |  | $ | 30 |  |  | $ | 2,900 |  |  | $ | 2,290 |  |  | $ | 3,465 |  |  | $ | 2,949 |  |  | $ | 812 |  |  | $ | 12,446 |
2025 |  |  | — |  |  |  | 3,867 |  |  |  | 3,053 |  |  |  | 4,534 |  |  |  | 3,914 |  |  |  | 1,083 |  |  |  | 16,451 |
2026 |  |  | — |  |  |  | 3,867 |  |  |  | 3,053 |  |  |  | 4,526 |  |  |  | 3,914 |  |  |  | 1,083 |  |  |  | 16,443 |
2027 |  |  | — |  |  |  | 3,867 |  |  |  | 3,053 |  |  |  | 4,525 |  |  |  | 3,914 |  |  |  | 1,083 |  |  |  | 16,442 |
2028 |  |  | — |  |  |  | 3,867 |  |  |  | 3,053 |  |  |  | 4,265 |  |  |  | 3,914 |  |  |  | 1,083 |  |  |  | 16,182 |
Thereafter |  |  | — |  |  |  | 17,076 |  |  |  | 1,910 |  |  |  | 14,039 |  |  |  | 3,864 |  |  |  | 6,321 |  |  |  | 43,210 |
Total future amortization |  | $ | 30 |  |  | $ | 35,444 |  |  | $ | 16,412 |  |  | $ | 35,354 |  |  | $ | 22,469 |  |  | $ | 11,465 |  |  | $ | 121,174 |
Schedule of Goodwill [Table Text Block] |
|  | March 31, 2024 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Effect of |  |  |  |  |
|  | Gross |  |  |  |  |  |  | Accumulated |  |  | Foreign |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Currency |  |  | Goodwill, |
(In thousands) |  | Value |  |  | Amortization |  |  | Losses |  |  | Exchange |  |  | Net |
Goodwill, net by Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 593,567 |  |  | $ | — |  |  | $ | (188,079 | ) |  | $ | — |  |  | $ | 405,488 |
Downtown Las Vegas |  |  | 6,997 |  |  |  | (6,134 | ) |  |  | — |  |  |  | — |  |  |  | 863 |
Midwest & South |  |  | 636,269 |  |  |  | — |  |  |  | (107,470 | ) |  |  | — |  |  |  | 528,799 |
Online |  |  | 94,037 |  |  |  | — |  |  |  | (82,000 | ) |  |  | 113 |  |  |  | 12,150 |
Managed & Other |  |  | 30,529 |  |  |  | — |  |  |  | (30,529 | ) |  |  | — |  |  |  | — |
Balances, March 31, 2024 |  | $ | 1,361,399 |  |  | $ | (6,134 | ) |  | $ | (408,078 | ) |  | $ | 113 |  |  | $ | 947,300 |
|  | December 31, 2023 |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Effect of |  |  |  |  |
|  | Gross |  |  |  |  |  |  | Accumulated |  |  | Foreign |  |  |  |  |
|  | Carrying |  |  | Accumulated |  |  | Impairment |  |  | Currency |  |  | Goodwill, |
(In thousands) |  | Value |  |  | Amortization |  |  | Losses |  |  | Exchange |  |  | Net |
Goodwill, net by Segment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Las Vegas Locals |  | $ | 593,567 |  |  | $ | — |  |  | $ | (188,079 | ) |  | $ | — |  |  | $ | 405,488 |
Downtown Las Vegas |  |  | 6,997 |  |  |  | (6,134 | ) |  |  | — |  |  |  | — |  |  |  | 863 |
Midwest & South |  |  | 636,269 |  |  |  | — |  |  |  | (107,470 | ) |  |  | — |  |  |  | 528,799 |
Online |  |  | 94,037 |  |  |  | — |  |  |  | (82,000 | ) |  |  | 154 |  |  |  | 12,191 |
Managed & Other |  |  | 30,529 |  |  |  | — |  |  |  | (30,529 | ) |  |  | — |  |  |  | — |
Balances, December 31, 2023 |  | $ | 1,361,399 |  |  | $ | (6,134 | ) |  | $ | (408,078 | ) |  | $ | 154 |  |  | $ | 947,341 |

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