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Subsequent Events
12 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
The Company’s management evaluates subsequent events through the date of issuance of the consolidated financial statements.
On January 10, 2024, the Company completed the sale of its distributed gaming operations in Nevada for cash consideration of $213.5 million plus working capital and other adjustments and purchased cash at closing. The Company incurred $0.4 million in transaction costs related to the sale of the distributed gaming operations in Nevada for the year ended December 31, 2023, which were recorded in selling and administrative expenses. In January 2024, the Company incurred an additional $1.3 million in transaction costs, which were not included in the Company’s statement of operations for the year ended December 31, 2023.
On February 27, 2024, the Board of Directors declared a recurring quarterly cash dividend discussed in Part II, Item 5: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities and “Liquidity and Capital Resources” in Part II, Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations.
There were no additional subsequent events that occurred after December 31, 2023 but prior to the date of issuance of the consolidated financial statements that would require adjustment to or disclosure in the consolidated financial statements as of December 31, 2023.