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Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

						Three Months Ended September 30,												Nine Months Ended September 30,
(In thousands)						2021						2020						2021						2020
Revenues
Casinos
Gaming						$	91,155					$	83,549					$	272,271					$	170,664
Food and beverage						30,844						22,067						83,914						57,888
Rooms						31,566						22,505						80,213						54,097
Other						10,560						7,193						27,951						20,067
Casinos revenues						164,125						135,314						464,349						302,716
Distributed Gaming
Gaming						102,012						61,972						302,853						158,749
Food and beverage						13,427						6,618						39,099						22,512
Other						2,496						1,313						7,295						3,965
Distributed Gaming revenues						117,935						69,903						349,247						185,226
Corporate and Other						362						179						989						585
Total revenues						$	282,422					$	205,396					$	814,585					$	488,527
Net income (loss)						$	29,051					$	(6,956)					$	142,677					$	(118,142)
Adjustments
Other non-operating income						—						—						(60,000)						—
Depreciation and amortization						26,474						31,551						80,342						94,637
Change in non-cash lease expense						(143)						425						517						756
Share-based compensation						3,089						3,520						8,762						7,522
(Gain) loss on disposal of assets						(72)						(474)						747						817
Loss on debt extinguishment and modification						759						—						759						—
Preopening and related expenses (1)						3						73						232						412
Severance expenses						193						24						193						3,367
Impairment of goodwill and intangible assets						—						—						—						27,872
Other, net						(1,338)						1,286						1,591						1,760
Interest expense, net						15,535						16,422						47,752						51,575
Change in fair value of derivative						—						—						—						1
Income tax (benefit) provision						(123)						(17)						366						241
Total Adjusted EBITDA						$	73,428					$	45,854					$	223,938					$	70,818
Adjusted EBITDA
Casinos						$	64,968					$	50,759					$	194,548					$	84,615
Distributed Gaming						21,158						4,867						66,951						12,917
Reportable segment Adjusted EBITDA						86,126						55,626						261,499						97,532
Corporate and Other						(12,698)						(9,772)						(37,561)						(26,714)
Total Adjusted EBITDA						$	73,428					$	45,854					$	223,938					$	70,818

(1) Preopening and related expenses consist of labor, food, utilities, training, initial licensing, rent and organizational costs incurred in connection with the opening of tavern and casino locations.

The Company’s assets by segment consisted of the following amounts:

(In thousands)			Casinos						Distributed Gaming						Corporate and Other						Consolidated
Balance at September 30, 2021			$	1,043,222					$	417,704					$	183,341					$	1,644,267
Balance at December 31, 2020			$	1,085,510					$	430,791					$	54,648					$	1,570,949

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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