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v3.23.2

Segment Information - Schedule of Adjusted EBITDA by Segment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022
Segment Reporting Information [Line Items] |  |  |  |
Revenues | $ 768.5 | $ 582.5 | $ 1,328.0 | $ 946.6
Adjusted EBITDA | 363.7 | 291.2 | 586.6 | 419.7
Live and Historical |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 408.0 | 275.9 | 623.8 | 363.1
Taxes and purses | (85.4) | (59.6) | (141.9) | (86.4)
Marketing and advertising | (12.1) | (6.4) | (20.3) | (9.3)
Salaries and benefits | (30.3) | (18.9) | (52.1) | (29.8)
Content expense | (2.0) | (1.0) | (3.5) | (1.6)
Selling, general and administrative expense | (7.3) | (3.0) | (16.0) | (6.3)
Other operating expense | (47.6) | (23.2) | (84.6) | (38.0)
Other income | 0.2 | 0.1 | 0.2 | 0.1
Adjusted EBITDA | 223.5 | 163.9 | 305.6 | 191.8
TwinSpires |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 139.1 | 138.5 | 235.5 | 239.9
Taxes and purses | (7.0) | (7.2) | (12.0) | (14.7)
Marketing and advertising | (5.3) | (5.0) | (6.7) | (10.1)
Salaries and benefits | (7.5) | (6.9) | (13.7) | (13.6)
Content expense | (68.7) | (68.1) | (111.7) | (111.2)
Selling, general and administrative expense | (2.7) | (2.6) | (5.1) | (5.2)
Other operating expense | (14.0) | (14.8) | (24.0) | (27.1)
Other income | 0.0 | 0.0 | 1.0 | 0.0
Adjusted EBITDA | 33.9 | 33.9 | 63.3 | 58.0
Gaming |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Revenues | 247.9 | 184.5 | 499.5 | 363.7
Taxes and purses | (81.7) | (68.2) | (165.3) | (135.5)
Marketing and advertising | (9.0) | (3.7) | (17.6) | (7.2)
Salaries and benefits | (39.5) | (23.5) | (74.0) | (47.4)
Content expense | (2.7) | (2.2) | (4.5) | (3.7)
Selling, general and administrative expense | (10.3) | (6.7) | (22.5) | (13.3)
Other operating expense | (30.0) | (22.2) | (60.0) | (42.2)
Other income | 48.7 | 48.8 | 97.3 | 83.5
Adjusted EBITDA | $ 123.4 | $ 106.8 | $ 252.9 | $ 197.9

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