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SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

Schedule of Cash and Restricted Cash

The following table reconciles cash and restricted cash in the condensed consolidated balance sheets to the total shown on the condensed consolidated statements of cash flows.

			June 30,						December 31,
(in thousands)			2022						2021
Cash and cash equivalents			$	176,158					$	206,193
Restricted cash			55,198						68,647
Total cash and cash equivalents and restricted cash			$	231,356					$	274,840

Schedule of Cash and Restricted Cash

The following table reconciles cash and restricted cash in the condensed consolidated balance sheets to the total shown on the condensed consolidated statements of cash flows.

			June 30,						December 31,
(in thousands)			2022						2021
Cash and cash equivalents			$	176,158					$	206,193
Restricted cash			55,198						68,647
Total cash and cash equivalents and restricted cash			$	231,356					$	274,840

Schedule of Accounts Receivable

Accounts receivable, net consists of the following:

			June 30,						December 31,
(in thousands)			2022						2021
Amounts due from Rhode Island and Delaware(1)			$	13,729					$	10,575
Gaming receivables			12,110						10,576
Non-gaming receivables			37,485						31,481
Accounts receivable			63,324						52,632
Less: Allowance for doubtful accounts			(5,615)						(4,454)
Accounts receivable, net			$	57,709					$	48,178

__________________________________

(1)    Represents the Company’s share of VLT and table games revenue for Bally’s Twin River and Bally’s Tiverton due from the State of Rhode Island and from the State of Delaware for Bally’s Dover.

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

As of June 30, 2022 and December 31, 2021, prepaid expenses and other current assets was comprised of the following:

			June 30,						December 31,
(in thousands)			2022						2021
Services and license agreements			$	24,357					$	21,496
Due from payment service providers			21,425						15,984
Sales tax			9,124						18,308
Deposits			8,028						8,748
Prepaid marketing			5,844						10,066
Convertible loans			5,205						—
Purse funds			4,921						8,286
Unbilled revenue			3,004						7,759
Prepaid insurance			2,043						9,637
Other			5,421						4,179
Total prepaid expenses and other current assets			$	89,372					$	104,463

Property, Plant and Equipment

As of June 30, 2022 and December 31, 2021, property and equipment was comprised of the following:

			June 30,						December 31,
(in thousands)			2022						2021
Land			$	59,378					$	75,328
Land improvements			31,170						34,704
Building and improvements			617,080						650,837
Equipment			209,825						182,006
Furniture and fixtures			60,256						47,258
Construction in process			73,407						53,715
Total property, plant and equipment			1,051,116						1,043,848
Less: Accumulated depreciation			(230,662)						(205,197)
Property and equipment, net			$	820,454					$	838,651

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