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SEGMENT REPORTING AND DISAGGREGATED REVENUE (Tables) | 12 Months Ended
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Dec. 31, 2022
SEGMENT REPORTING AND DISAGGREGATED REVENUE |
Schedule of Total Revenues By Segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | Year Ended December 31, 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Contracted | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Sports | ​ | ​
​ | ​ | Mississippi | ​ | Indiana | ​ | Colorado | ​ | Nevada | ​ | Wagering | ​ | Total
Revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Casino | ​ | $ | 54,167 | ​ | $ | 27,514 | ​ | $ | 13,636 | ​ | $ | 18,559 | ​ | $ | — | ​ | $ | 113,876
Food and beverage | ​ |  | 19,774 | ​ |  | 3,943 | ​ |  | 1,734 | ​ |  | 1,043 | ​ |  | — | ​ |  | 26,494
Hotel | ​ |  | 4,987 | ​ |  | 3,663 | ​ |  | 632 | ​ |  | — | ​ |  | — | ​ |  | 9,282
Other operations, including contracted sports wagering | ​ |  | 1,932 | ​ |  | 3,970 | ​ |  | 183 | ​ |  | 348 | ​ |  | 7,196 | ​ |  | 13,629
​ | ​ | $ | 80,860 | ​ | $ | 39,090 | ​ | $ | 16,185 | ​ | $ | 19,950 | ​ | $ | 7,196 | ​ | $ | 163,281
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Adjusted Segment EBITDA | ​ | $ | 19,488 | ​ | $ | 6,888 | ​ | $ | (688) | ​ | $ | 4,908 | ​ | $ | 7,127 | ​ | $ | 37,723
Other operating costs and expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (7,930)
Corporate expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (5,589)
Project development costs, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (228)
Preopening costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (9,558)
Loss on disposal of assets, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (42)
Stock-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (1,693)
Operating income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 12,683
Other expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (22,988)
Loss on modification of debt | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (4,530)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (27,518)
Loss before income taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (14,835)
Income tax benefit | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (31)
Net loss | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (14,804)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | Year Ended December 31, 2021
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Contracted | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Sports | ​ | ​
​ | ​ | Mississippi | ​ | Indiana | ​ | Colorado | ​ | Nevada | ​ | Wagering | ​ | Total
Revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Casino | ​ | $ | 63,318 | ​ | $ | 29,762 | ​ | $ | 20,342 | ​ | $ | 17,009 | ​ | $ | — | ​ | $ | 130,431
Food and beverage | ​ |  | 20,296 | ​ |  | 3,522 | ​ |  | 2,362 | ​ |  | 1,167 | ​ |  | — | ​ |  | 27,347
Hotel | ​ |  | 4,930 | ​ |  | 4,057 | ​ |  | 637 | ​ |  | — | ​ |  | — | ​ |  | 9,624
Other operations, including contracted sports wagering | ​ |  | 2,084 | ​ |  | 4,094 | ​ |  | 319 | ​ |  | 340 | ​ |  | 5,920 | ​ |  | 12,757
​ | ​ | $ | 90,628 | ​ | $ | 41,435 | ​ | $ | 23,660 | ​ | $ | 18,516 | ​ | $ | 5,920 | ​ | $ | 180,159
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Adjusted Segment EBITDA | ​ | $ | 29,843 | ​ | $ | 8,736 | ​ | $ | 5,545 | ​ | $ | 4,933 | ​ | $ | 5,890 | ​ | $ | 54,947
Other operating costs and expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (7,219)
Corporate expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (7,733)
Project development costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (782)
Preopening costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (17)
Loss on disposal of assets, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (676)
Stock-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (966)
Operating income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 37,554
Other expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (23,657)
Loss on extinguishment of debt, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (409)
Adjustment to fair value of warrants | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (1,347)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (25,413)
Income before income taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 12,141
Income tax expense | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 435
Net income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 11,706
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | December 31,
​ |  | 2022 |  | 2021
Total Assets | ​ | ​ | ​ | ​ | ​ | ​
Mississippi | ​ | $ | 83,670 | ​ | $ | 85,838
Indiana | ​ |  | 33,199 | ​ |  | 34,857
Colorado | ​ |  | 339,944 | ​ |  | 258,436
Nevada | ​ |  | 11,125 | ​ |  | 13,091
Contracted Sports Wagering | ​ | ​ | 1,658 | ​ | ​ | 2,168
Corporate and Other(1) | ​ |  | 125,733 | ​ |  | 79,452
​ | ​ | $ | 595,329 | ​ | $ | 473,842
__________ (1)Includes $77.2 million related to American Place in 2022, which subsequently opened in February 2023 (see Note 12). ​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | December 31,
​ |  | 2022 |  | 2021
Property and Equipment, net |  | ​ |  |  | ​ |
Mississippi | ​ | $ | 50,401 | ​ | $ | 52,382
Indiana | ​ |  | 27,437 | ​ |  | 28,705
Colorado | ​ |  | 182,142 | ​ |  | 61,572
Nevada | ​ |  | 6,307 | ​ |  | 6,105
Contracted Sports Wagering | ​ | ​ | — | ​ | ​ | —
Corporate and Other(1) | ​ |  | 72,770 | ​ |  | 776
​ | ​ | $ | 339,057 | ​ | $ | 149,540
__________ (1)Includes $72.4 million related to American Place in 2022, which subsequently opened in February 2023 (see Note 12).
Schedule of Total Assets By Segment | ​

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