XML 32 R13.htm IDEA: XBRL DOCUMENT

Note 5 - Goodwill

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Goodwill Disclosure [Text Block]

NOTE 5. GOODWILL

Goodwill consists of the following:

		*December 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			104,737				—				(82,000	)			2				22,739
Managed & Other			30,529				—				(30,529	)			—				—
Balances, December 31, 2024		$	1,372,099			$	(6,134	)		$	(408,078	)		$	2			$	957,889

		*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

Changes in Goodwill

During the year ended December 31, 2024, we recorded $10.7 million of goodwill, in our Online segment related to the acquisition of Resorts Digital.

During the year ended December 31, 2023, we recorded goodwill impairment charges of $86.5 million, of which $82.0 million related to our Online segment and $4.5 million related to Managed & Other, our aggregated other nonreportable operating segments category.

During the year ended December 31, 2022, we recorded $94.0 million of goodwill, in our Online segment related to our acquisition of Pala Interactive, and impairment charges of $31.6 million related to our Midwest & South segment.

The following table sets forth the changes in our goodwill, net, during the years ended December 31, 2024, 2023 and 2022.

*(In thousands)*		*Goodwill, Net*
Balance, January 1, 2022		$	971,287
Additions			94,037
Effect of foreign currency exchange			20
Impairments			(31,600	)
Balance, December 31, 2022			1,033,744
Effect of foreign currency exchange			134
Impairments			(86,537	)
Balance, December 31, 2023			947,341
Additions			10,700
Effect of foreign currency exchange			(152	)
Balance, December 31, 2024		$	957,889