XML 40 R18.htm IDEA: XBRL DOCUMENT
v3.26.1

PROPERTY AND EQUIPMENT | 12 Months Ended
--- | ---
Dec. 31, 2025
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | PROPERTY AND EQUIPMENT As of December 31, 2025 (Successor) and 2024 (Predecessor), property and equipment, net was comprised of the following:
| Successor |  |  | Predecessor
(in thousands) | December 31, 2025 |  |  | December 31, 2024
Land and improvements | $98,527 |  |  | $49,553
Building and improvements | 712,236 |  |  | 370,086
Equipment | 265,357 |  |  | 280,946
Furniture and fixtures | 54,146 |  |  | 64,109
Construction in process(1) | 27,621 |  |  | 149,906
Total property and equipment | 1,157,887 |  |  | 914,600
Less: Accumulated depreciation | (94,148) |  |  | (283,898)
Property and equipment, net | $1,063,739 |  |  | $630,702
__________________________________ (1)Refer to Note 15 “Leases” for further information on the Company’s reclassification of its construction in process related to the construction of its permanent casino resort in Chicago in connection with the signing of the Chicago MLA. Depreciation expense relating to property and equipment for the period from February 8, 2025 to December 31, 2025 (Successor), the period from January 1, 2025 to February 7, 2025 (Predecessor) and the year ended 2024 (Predecessor) was $73.6 million, $7.6 million, and $158.0 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration