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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill Activity by Reportable Segment

The following table summarizes goodwill activity by reportable segment:

 

(In thousands)

 

Casinos

 

 

Distributed

Gaming

 

 

Total

Goodwill

 

Balance, January 1, 2017

 

$

7,796

 

 

$

97,859

 

 

$

105,655

 

Goodwill acquired during the year

 

 

52,479

 

 

 

 

 

 

52,479

 

Balance, December 31, 2017

 

 

60,275

 

 

 

97,859

 

 

 

158,134

 

Goodwill acquired during the year

 

 

 

 

 

 

 

 

 

Balance, December 31, 2018

 

$

60,275

 

 

$

97,859

 

 

$

158,134

 

Schedule of Intangible Assets, Net

Intangible assets, net, consisted of the following:

 

 

 

December 31, 2018

 

 

 

Weighted-

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Average Life

 

Carrying

 

 

Cumulative

 

 

Intangible

 

(In thousands)

 

Remaining

 

Value

 

 

Amortization

 

 

Assets, Net

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

Indefinite

 

$

46,710

 

 

$

 

 

$

46,710

 

Gaming licenses

 

Indefinite

 

 

960

 

 

 

 

 

 

960

 

Liquor licenses

 

Indefinite

 

 

185

 

 

 

 

 

 

185

 

 

 

 

 

 

47,855

 

 

 

-

 

 

 

47,855

 

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

11.0 years

 

 

80,654

 

 

 

(18,282

)

 

 

62,372

 

Player relationships

 

3.2 years

 

 

34,689

 

 

 

(12,691

)

 

 

21,998

 

Non-compete agreements

 

2.1 years

 

 

6,210

 

 

 

(3,548

)

 

 

2,662

 

Leasehold interest

 

64.7 years

 

 

3,110

 

 

 

(223

)

 

 

2,887

 

Gaming licenses

 

9.3 years

 

 

2,100

 

 

 

(788

)

 

 

1,312

 

In-place lease value

 

2.3 years

 

 

1,670

 

 

 

(565

)

 

 

1,105

 

Other

 

7.2 years

 

 

1,769

 

 

 

(832

)

 

 

937

 

 

 

 

 

 

130,202

 

 

 

(36,929

)

 

 

93,273

 

Balance, December 31, 2018

 

 

 

$

178,057

 

 

$

(36,929

)

 

$

141,128

 

 

 

 

December 31, 2017

 

 

 

Weighted-

 

Gross

 

 

 

 

 

 

 

 

 

 

 

Average Life

 

Carrying

 

 

Cumulative

 

 

Intangible

 

(In thousands)

 

Remaining

 

Value

 

 

Amortization

 

 

Assets, Net

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names

 

Indefinite

 

$

46,710

 

 

$

 

 

$

46,710

 

Gaming licenses

 

Indefinite

 

 

960

 

 

 

 

 

 

960

 

Liquor licenses

 

Indefinite

 

 

185

 

 

 

 

 

 

185

 

 

 

 

 

 

47,855

 

 

 

 

 

 

47,855

 

Amortizing intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

12.1 years

 

 

80,320

 

 

 

(12,524

)

 

 

67,796

 

Player relationships

 

4.2 years

 

 

34,150

 

 

 

(3,045

)

 

 

31,105

 

Non-compete agreements

 

3.0 years

 

 

6,000

 

 

 

(2,395

)

 

 

3,605

 

Leasehold interest

 

65.7 years

 

 

3,110

 

 

 

(32

)

 

 

3,078

 

Gaming licenses

 

10.3 years

 

 

2,100

 

 

 

(648

)

 

 

1,452

 

In-place lease value

 

3.3 years

 

 

1,670

 

 

 

(81

)

 

 

1,589

 

Other

 

8.2 years

 

 

1,769

 

 

 

(557

)

 

 

1,212

 

 

 

 

 

 

129,119

 

 

 

(19,282

)

 

 

109,837

 

Balance, December 31, 2017

 

 

 

$

176,974

 

 

$

(19,282

)

 

$

157,692

 

Schedule of Estimated Future Amortization Expense Related to Intangible Assets Estimated future amortization expense related to intangible assets, is as follows:

(In thousands)

 

2019

 

 

2020

 

 

2021

 

 

2022

 

 

2023

 

 

Thereafter

 

Estimated amortization expense

 

$

17,880

 

 

$

16,232

 

 

$

7,166

 

 

$

6,695

 

 

$

6,583

 

 

$

38,717