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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2025

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of breakout of expenses used by the CODM to monitor and assess the financial performance

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​	​	Three Months Ended March 31,
​	​	​	2025	​	​	2024	​
Net revenues	​	$	125,394	​	$	121,657	​
Operating Expenses	​	​	​	​	​	​	​
Labor expense	​	​	39,929	​	​	39,264	​
Cost of sales	​	​	10,513	​	​	10,281	​
Tax and license expense [a]	​	​	19,016	​	​	18,304	​
Other operating expense [b]	​	​	16,932	​	​	17,038	​
Depreciation and amortization	​	​	13,215	​	​	12,487	​
Other operating items, net [c]	​	​	471	​	​	473	​
Interest income, net	​	​	(316)	​	​	(7)	​
Income tax expense	​	​	5,770	​	​	5,542	​
Total expenses	​	$	105,530	​	$	103,382	​
​	​	​	​	​	​	​	​
Net income	​	$	19,864	​	$	18,275	​

[a]   Tax and license includes gaming taxes and licenses, commerce taxes, use taxes and property taxes.

[b]   Operating expenses includes expenses for casino, food and beverage, hotel, other, selling general and administrative expenses excluding payroll and payroll related, cost of sales, tax and license.

[c]    Other operating items, net includes construction litigation expenses, insurance claims proceeds, net, and (gain) loss on disposition of assets.

Schedule of property and Equipment, net

Property and equipment, net consists of the following (in thousands):

​	​	​	​	​	​	​	​
​		March 31, 2025			December 31, 2024
Land	​	$	34,688	​	$	34,688	​
Land improvements	​		11,263	​		11,263	​
Buildings	​		474,469	​		474,469	​
Building improvements	​		122,305	​		122,059	​
Furniture and equipment	​		253,181	​		251,605	​
Construction in progress	​		35,555	​		17,722	​
Right of use assets	​	​	13,749	​	​	13,995	​
Leasehold improvements	​		4,498	​		4,498	​
​	​		949,708	​		930,299	​
Less accumulated depreciation and amortization	​		(368,012)	​		(355,012)	​
Property and equipment, net	​	$	581,696	​	$	575,287	​
​	​		​	​		​	​

Schedule of property and equipment, estimated useful lives

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​	​	​	​	​	​
Land improvements		15	-	40	years
Buildings		30	-	40	years
Building improvements		5	-	40	years
Leasehold improvements	​	5	-	40	years
Furniture		5	-	10	years
Equipment		3	-	20	years

Schedule of contract related liabilities

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Three Months Ended March 31, 2025

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Three Months Ended March 31, 2024

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March 31,

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December 31,

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Decrease

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March 31,

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December 31,

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Decrease

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2025

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2024

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2024

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2023

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Contractual Liability

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Players Club Liability

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7,957

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8,097

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(140)

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8,835

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8,849

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(14)

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Outstanding Chip Liability

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$

1,675

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$

2,298

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$

(623)

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$

2,333

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$

2,382

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$

(49)

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Customer Advances and Other

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6,290

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6,378

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(88)

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6,100

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6,232

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(132)

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Total Contractual Liability

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$

7,965

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$

8,676

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$

(711)

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$

8,433

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$

8,614

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$

(181)

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