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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ (5,487) $ 55,130 $ 71,438
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property and equipment 37,842 32,392 22,332
Amortization of operating lease right of use assets 804 1,215 0
Share-based compensation - liability awards 0 0 (3,166)
Share-based compensation - equity awards 17,706 3,826 1,692
Amortization of debt financial costs and discounts on debt 4,636 2,684 3,267
Loss on extinguishment and modification of debt 0 1,703 0
Bad debt expense 353 239 202
Net pension and other post-retirement benefit income 0 (39) 0
Deferred income taxes 1,191 8,995 5,880
Goodwill and asset impairment 8,659 0 0
Storm related losses 14,408 0 0
Newport Grand disposal loss 0 0 6,514
Loss on disposal of property and equipment 35 98 11
Accretion of trade name liability and naming rights 594 0 0
Change in value of naming rights liabilities 57,660 0 0
Gain on bargain purchases (63,871) 0 0
Changes in operating assets and liabilities:      
Accounts receivable 11,622 5,211 (4,857)
Inventory 125 (89) 842
Prepaid expenses and other assets (76,099) (14,172) (1,778)
Accounts payable (4,976) (3,860) (4,078)
Accrued liabilities 14,300 767 10,945
Net cash provided by operating activities 19,502 94,100 109,244
Cash flows from investing activities:      
Deposit paid 0 0 (981)
Repayment of loans from officers and directors 0 0 5,360
Cash paid for acquisitions, net of cash acquired (425,063) (9,606) 0
Deposit for pending acquisition of Jumer’s Casino & Hotel (4,000) 0 0
Proceeds from sale of land and building for Newport Grand disposal 0 0 7,108
Proceeds from sale of property and equipment 0 10 11
Capital expenditures (15,283) (28,237) (128,890)
Payments associated with licenses and market access fees (500) (1,092) (208)
Net cash used in investing activities (444,846) (38,925) (117,600)
Cash flows from financing activities:      
Revolver borrowings 285,000 25,000 41,000
Revolver repayments (250,000) (80,000) (6,000)
Term loan proceeds, net of fees of $13,820, $10,655 and $—, respectively 261,180 289,345 0
Term loan repayments (4,375) (343,939) (34,527)
Senior note proceeds, net of fees of $2,500, $6,130 and $—, respectively 122,500 393,870 0
Payment of financing fees (1,734) (4,340) (221)
Share repurchases (33,292) (223,075) (7,958)
Stock options exercised via repayment of non-recourse notes 0 0 4,277
Stock options exercised 84 0 0
Payment of shareholder dividends (3,204) (7,539) 0
Share redemption for tax withholdings - restricted stock (9,762) (426) 0
Net cash provided by (used in) financing activities 366,397 48,896 (3,429)
Net change in cash and cash equivalents and restricted cash (58,947) 104,071 (11,785)
Cash and cash equivalents and restricted cash, beginning of period 185,502 81,431 93,216
Cash and cash equivalents and restricted cash, end of period 126,555 185,502 81,431
Supplemental disclosure of cash flow information:      
Cash paid for interest 57,234 35,040 23,178
Cash paid for income taxes, net of refunds 3,835 16,519 22,217
Non-cash investing and financing activities:      
Unpaid property and equipment 3,575 419 7,073
Deposit applied to fixed asset purchases 0 981 0
Deemed dividends related to changes in fair value of common stock subject to possible redemption 0 0 (640)
Intrinsic value of stock options exercised via repayment of non-recourse note 0 0 40,480
Termination of operating leases via purchase of underlying assets 0 1,665 0
Common stock no longer subject to possible redemption due to extinguishment of Puts 0 0 9,098
Fair value of vested stock options converted from liability to equity awards 0 0 2,875
Stock issued for acquisition of Dover Downs Gaming & Entertainment, Inc. 0 86,780 0
Trade names      
Non-cash investing and financing activities:      
Unpaid trade name and naming rights 20,000 0 0
Naming rights      
Non-cash investing and financing activities:      
Unpaid trade name and naming rights $ 332,313 $ 0 $ 0