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Note 9 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

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

		*Three Months Ended June 30, 2024*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	162,915			$	23,373			$	24,697			$	—			$	—			$	14,069			$	225,054
Downtown Las Vegas			36,725				11,085				6,893				—				—				2,998				57,701
Midwest & South			440,296				42,536				21,005				—				—				17,913				521,750
Online			—				—				—				129,930				—				—				129,930
Managed & Other			10,891				—				—				—				21,252				934				33,077
Total Revenues		$	650,827			$	76,994			$	52,595			$	129,930			$	21,252			$	35,914			$	967,512

		*Three Months Ended June 30, 2023*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	171,986			$	22,219			$	23,295			$	—			$	—			$	13,440			$	230,940
Downtown Las Vegas			34,432				10,142				5,636				—				—				2,781				52,991
Midwest & South			443,440				38,005				20,830				—				—				16,571				518,846
Online			—				—				—				85,002				—				—				85,002
Managed & Other			10,871				—				—				—				17,446				854				29,171
Total Revenues		$	660,729			$	70,366			$	49,761			$	85,002			$	17,446			$	33,646			$	916,950

		*Six Months Ended June 30, 2024*
						*Food &*												*Management*
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	324,371			$	45,795			$	50,453			$	—			$	—			$	30,057			$	450,676
Downtown Las Vegas			70,446				21,500				13,461				—				—				5,825				111,232
Midwest & South			868,537				82,338				37,628				—				—				34,013				1,022,516
Online			—				—				—				276,100				—				—				276,100
Managed & Other			21,604				—				—				—				43,497				2,408				67,509
Total Revenues		$	1,284,958			$	149,633			$	101,542			$	276,100			$	43,497			$	72,303			$	1,928,033

		Six Months Ended June 30, 2023
						Food &												Management
		*Gaming*				*Beverage*				*Room*				*Online*				*Fee*				*Other*				*Total*
*(In thousands)*		*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*				*Revenue*
Revenues
Las Vegas Locals		$	348,307			$	44,982			$	48,676			$	—			$	—			$	29,245			$	471,210
Downtown Las Vegas			70,849				20,639				12,485				—				—				5,575				109,548
Midwest & South			883,525				76,329				38,665				—				—				32,500				1,031,019
Online			—				—				—				207,865				—				—				207,865
Managed & Other			22,356				—				—				—				37,476				1,442				61,274
Total Revenues		$	1,325,037			$	141,950			$	99,826			$	207,865			$	37,476			$	68,762			$	1,880,916

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

		*Three Months Ended*								*Six Months Ended*
		*June 30,*								*June 30,*
*(In thousands)*		*2024*				*2023*				*2024*				*2023*
Adjusted EBITDAR
Las Vegas Locals		$	109,253			$	118,395			$	219,691			$	244,555
Downtown Las Vegas			22,018				19,652				39,833				42,019
Midwest & South			195,455				201,833				376,449				400,517
Online			17,057				13,400				37,533				34,023
Managed & Other			23,140				19,546				47,921				41,097
Corporate expense			(22,732	)			(21,464	)			(46,750	)			(43,703	)
Adjusted EBITDAR			344,191				351,362				674,677				718,508
Other operating costs and expenses
Deferred rent			163				177				324				354
Master lease rent expense			27,852				27,099				55,087				53,927
Depreciation and amortization			65,677				62,220				128,590				123,780
Share-based compensation expense			10,365				12,198				17,225				20,017
Project development, preopening and writedowns			7,586				5,201				10,607				(13,673	)
Impairment of assets			—				—				10,500				4,537
Other operating items, net			5,442				438				5,853				658
Total other operating costs and expenses			117,085				107,333				228,186				189,600
Operating income			227,106				244,029				446,491				528,908
Other expense (income)
Interest income			(403	)			(2,715	)			(849	)			(20,860	)
Interest expense, net of amounts capitalized			42,949				42,715				85,258				86,581
Other, net			50				522				100				626
Total other expense, net			42,596				40,522				84,509				66,347
Income before income taxes			184,510				203,507				361,982				462,561
Income tax provision			(44,665	)			(11,053	)			(85,664	)			(70,376	)
Net income		$	139,845			$	192,454			$	276,318			$	392,185

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

		*June 30,*				*December 31,*
*(In thousands)*		*2024*				*2023*
Assets
Las Vegas Locals		$	1,625,829			$	1,634,732
Downtown Las Vegas			289,557				295,494
Midwest & South			3,829,675				3,805,301
Online			135,816				155,356
Managed & Other			118,122				124,161
Corporate			262,421				258,082
Total Assets		$	6,261,420			$	6,273,126