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Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | A reconciliation of goodwill and accumulated goodwill impairment losses, by reportable segment, is as follows:
(in millions) | Northeast |  | South |  | West |  | Midwest |  | Interactive |  | Other |  | Total
Balance as of December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill, gross | $ | 923.5 |  |  | $ | 236.6 |  |  | $ | 216.8 |  |  | $ | 1,116.7 |  |  | $ | 1,664.0 |  |  | $ | 87.7 |  |  | $ | 4,245.3 |
Accumulated goodwill impairment losses | (828.8) |  |  | (61.0) |  |  | (16.6) |  |  | (556.1) |  |  | — |  |  | (87.7) |  |  | (1,550.2) |
Goodwill, net | $ | 94.7 |  |  | $ | 175.6 |  |  | $ | 200.2 |  |  | $ | 560.6 |  |  | $ | 1,664.0 |  |  | $ | — |  |  | $ | 2,695.1 |
Effect of foreign currency exchange rates | — |  |  | — |  |  | — |  |  | — |  |  | (30.4) |  |  | — |  |  | (30.4) |
Balance as of March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill, gross | $ | 923.5 |  |  | $ | 236.6 |  |  | $ | 216.8 |  |  | $ | 1,116.7 |  |  | $ | 1,633.6 |  |  | $ | 87.7 |  |  | $ | 4,214.9 |
Accumulated goodwill impairment losses | (828.8) |  |  | (61.0) |  |  | (16.6) |  |  | (556.1) |  |  | — |  |  | (87.7) |  |  | (1,550.2) |
Goodwill, net | $ | 94.7 |  |  | $ | 175.6 |  |  | $ | 200.2 |  |  | $ | 560.6 |  |  | $ | 1,633.6 |  |  | $ | — |  |  | $ | 2,664.7 |
Schedule of Indefinite-Lived Intangible Assets | The table below presents the gross carrying amount, accumulated amortization, and net carrying amount of each major class of other intangible assets:
| March 31, 2024 |  | December 31, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |
Gaming licenses | $ | 1,107.2 |  |  | $ | — |  |  | $ | 1,107.2 |  |  | $ | 1,107.2 |  |  | $ | — |  |  | $ | 1,107.2 |
Trademarks | 332.5 |  |  | — |  |  | 332.5 |  |  | 334.4 |  |  | — |  |  | 334.4 |
Other | 0.7 |  |  | — |  |  | 0.7 |  |  | 0.7 |  |  | — |  |  | 0.7 |
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 112.0 |  |  | (104.4) |  |  | 7.6 |  |  | 112.1 |  |  | (103.7) |  |  | 8.4 |
Technology | 289.5 |  |  | (144.9) |  |  | 144.6 |  |  | 286.0 |  |  | (132.3) |  |  | 153.7 |
Other | 29.1 |  |  | (16.2) |  |  | 12.9 |  |  | 29.0 |  |  | (15.2) |  |  | 13.8 |
Total other intangible assets, net | $ | 1,871.0 |  |  | $ | (265.5) |  |  | $ | 1,605.5 |  |  | $ | 1,869.4 |  |  | $ | (251.2) |  |  | $ | 1,618.2 |
Schedule of Finite-Lived Intangible Assets | The table below presents the gross carrying amount, accumulated amortization, and net carrying amount of each major class of other intangible assets:
| March 31, 2024 |  | December 31, 2023
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |
Gaming licenses | $ | 1,107.2 |  |  | $ | — |  |  | $ | 1,107.2 |  |  | $ | 1,107.2 |  |  | $ | — |  |  | $ | 1,107.2 |
Trademarks | 332.5 |  |  | — |  |  | 332.5 |  |  | 334.4 |  |  | — |  |  | 334.4 |
Other | 0.7 |  |  | — |  |  | 0.7 |  |  | 0.7 |  |  | — |  |  | 0.7 |
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |
Customer relationships | 112.0 |  |  | (104.4) |  |  | 7.6 |  |  | 112.1 |  |  | (103.7) |  |  | 8.4 |
Technology | 289.5 |  |  | (144.9) |  |  | 144.6 |  |  | 286.0 |  |  | (132.3) |  |  | 153.7 |
Other | 29.1 |  |  | (16.2) |  |  | 12.9 |  |  | 29.0 |  |  | (15.2) |  |  | 13.8 |
Total other intangible assets, net | $ | 1,871.0 |  |  | $ | (265.5) |  |  | $ | 1,605.5 |  |  | $ | 1,869.4 |  |  | $ | (251.2) |  |  | $ | 1,618.2 |
Schedule of Expected Intangible Asset Amortization Expense | The following table presents the estimated amortization expense based on our amortizing intangible assets as of March 31, 2024 (in millions):
Years ending December 31, |
2024 (excluding the three months ended March 31, 2024) | $ | 47.7 |
2025 | 43.9 |
2026 | 26.0 |
2027 | 21.9 |
2028 | 17.3 |
Thereafter | 8.3 |
Total | $ | 165.1 |

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