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Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

						Three Months Ended March 31,
(In thousands)						2022						2021
Revenues
Nevada Casino Resorts
Gaming						$	44,230					$	38,826
Food and beverage						21,384						14,965
Rooms						22,029						15,628
Other						8,792						5,386
Nevada Casino Resorts revenues						$	96,435					$	74,805
Nevada Locals Casinos
Gaming						$	29,381					$	29,536
Food and beverage						6,179						5,513
Rooms						2,244						1,478
Other						2,085						2,018
Nevada Locals Casinos revenues						$	39,889					$	38,545
Maryland Casino Resort
Gaming						$	14,457					$	13,032
Food and beverage						1,648						1,442
Rooms						1,473						1,292
Other						314						334
Maryland Casino Resort revenues						$	17,892					$	16,100
Distributed Gaming
Gaming						$	102,719					$	95,606
Food and beverage						13,245						11,884
Other						3,258						2,419
Distributed gaming revenues						$	119,222					$	109,909
Corporate and Other						206						337
Total revenues						$	273,644					$	239,696

						Three Months Ended March 31,
(In thousands)						2022						2021
Adjusted EBITDA
Nevada Casino Resorts						$	33,575					$	26,655
Nevada Locals Casinos						20,038						19,552
Maryland Casino Resort						5,572						4,873
Distributed Gaming						22,053						20,880
Corporate and Other						(13,913)						(12,462)
Total Adjusted EBITDA						67,325						59,498
Adjustments
Depreciation and amortization						(26,276)						(27,186)
Change in non-cash lease expense						(181)						(439)
Share-based compensation						(3,672)						(3,005)
Gain (loss) on disposal of assets						41						(209)
Loss on debt extinguishment and modification						(181)						—
Preopening and related expenses (1)						(55)						(120)
Other, net						(4,296)						(2,168)
Interest expense, net						(15,118)						(16,048)
Income tax benefit						18,479						297
Net Income						$	36,066					$	10,620

(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)			Nevada Casino Resorts						Nevada Locals Casinos						Maryland Casino Resort						Distributed Gaming						Corporate and Other						Consolidated
Balance at March 31, 2022			$	808,374					$	166,486					$	41,600					$	403,218					$	184,461					$	1,604,139
Balance at December 31, 2021			$	811,016					$	165,362					$	41,403					$	411,342					$	186,441					$	1,615,564

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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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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