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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2024
SEGMENT REPORTING |
Schedule of Segment Information | The following tables present the Company’s segment information: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | December 31,
​ |  | 2024 |  | 2023
Total Assets | ​ | ​ | ​ | ​ | ​ | ​
Midwest & South | ​ | $ | 293,466 | ​ | $ | 298,072
West | ​ |  | 360,057 | ​ |  | 372,875
Contracted Sports Wagering | ​ | ​ | 68 | ​ | ​ | 977
Corporate and Other | ​ |  | 19,743 | ​ |  | 16,533
​ | ​ | $ | 673,334 | ​ | $ | 688,457
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | December 31,
​ |  | 2024 |  | 2023
Property and Equipment, net | ​ | ​ | ​ | ​ | ​ | ​
Midwest & South | ​ | $ | 131,083 | ​ | $ | 152,106
West | ​ |  | 315,426 | ​ |  | 305,528
Contracted Sports Wagering | ​ | ​ | — | ​ | ​ | —
Corporate and Other | ​ |  | 165 | ​ |  | 273
​ | ​ | $ | 446,674 | ​ | $ | 457,907
​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | Year Ended December 31, 2024
​ | ​ | ​ | ​ | ​ | ​ | Contracted | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Sports | ​ | ​
​ | ​ | Midwest & South | ​ | West | ​ | Wagering | ​ | Total
Revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Casino | ​ | $ | 169,107 | ​ | $ | 47,773 | ​ | $ | — | ​ | $ | 216,880
Food and beverage | ​ |  | 34,410 | ​ |  | 7,461 | ​ |  | — | ​ |  | 41,871
Hotel | ​ |  | 8,260 | ​ |  | 7,449 | ​ |  | — | ​ |  | 15,709
Other operations, including contracted sports wagering | ​ |  | 7,849 | ​ |  | 965 | ​ |  | 8,791 | ​ |  | 17,605
Total consolidated revenues | ​ | ​ | 219,626 | ​ | ​ | 63,648 | ​ | ​ | 8,791 | ​ | ​ | 292,065
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Payroll and related costs | ​ | ​ | 57,822 | ​ | ​ | 25,010 | ​ | ​ | — | ​ | ​ | 82,832
Cost of sales | ​ | ​ | 18,403 | ​ | ​ | 4,278 | ​ | ​ | — | ​ | ​ | 22,681
Taxes(1) | ​ | ​ | 37,810 | ​ | ​ | 6,090 | ​ | ​ | 57 | ​ | ​ | 43,957
Other segment items(2) | ​ | ​ | 59,854 | ​ | ​ | 29,572 | ​ | ​ | (769) | ​ | ​ | 88,657
Total segment expenses | ​ | ​ | 173,889 | ​ | ​ | 64,950 | ​ | ​ | (712) | ​ | ​ | 238,127
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Adjusted Segment EBITDA | ​ | ​ | 45,737 | ​ | ​ | (1,302) | ​ | ​ | 9,503 | ​ | ​ | 53,938
Other operating costs and expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (42,101)
Corporate expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (5,290)
Project development costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (368)
Preopening costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (2,464)
Loss on disposal of assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (18)
Gain on sale of Stockman’s | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 1,926
Stock-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (2,873)
Operating income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 2,750
Other expense: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (43,201)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (43,201)
Loss before income taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (40,451)
Income tax expense | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 221
Net loss | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (40,672)
__________
(1) | Excludes real estate and property taxes.
(2) | For each reportable segment, the “Other segment items” category includes:
| ● | Midwest & South and West ─ Advertising and marketing, rent expense, insurance, and other miscellaneous costs.
| ● | Contracted Sports Wagering ─ Credit loss expense net of recoveries, as well as certain overhead expenses.
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In thousands) | ​ | Year Ended December 31, 2023
​ | ​ | ​ | ​ | ​ | ​ | Contracted | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Sports | ​ | ​
​ | ​ | Midwest & South | ​ | West | ​ | Wagering | ​ | Total
Revenues | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Casino | ​ | $ | 145,391 | ​ | $ | 31,542 | ​ | $ | — | ​ | $ | 176,933
Food and beverage | ​ |  | 30,762 | ​ |  | 3,218 | ​ |  | — | ​ |  | 33,980
Hotel | ​ |  | 8,792 | ​ |  | 636 | ​ |  | — | ​ |  | 9,428
Other operations, including contracted sports wagering | ​ |  | 7,413 | ​ |  | 492 | ​ |  | 12,814 | ​ |  | 20,719
Total consolidated revenues | ​ | ​ | 192,358 | ​ | ​ | 35,888 | ​ | ​ | 12,814 | ​ | ​ | 241,060
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Payroll and related costs | ​ | ​ | 49,936 | ​ | ​ | 16,055 | ​ | ​ | — | ​ | ​ | 65,991
Cost of sales | ​ | ​ | 17,641 | ​ | ​ | 1,749 | ​ | ​ | — | ​ | ​ | 19,390
Taxes(1) | ​ | ​ | 29,255 | ​ | ​ | 3,660 | ​ | ​ | 48 | ​ | ​ | 32,963
Other segment items(2) | ​ | ​ | 56,498 | ​ | ​ | 12,016 | ​ | ​ | 1,103 | ​ | ​ | 69,617
Total segment expenses | ​ | ​ | 153,330 | ​ | ​ | 33,480 | ​ | ​ | 1,151 | ​ | ​ | 187,961
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Adjusted Segment EBITDA | ​ | ​ | 39,028 | ​ | ​ | 2,408 | ​ | ​ | 11,663 | ​ | ​ | 53,099
Other operating costs and expenses: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (31,092)
Corporate expenses | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (4,542)
Project development costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (53)
Preopening costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (15,685)
Loss on disposal of assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (7)
Stock-based compensation | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (2,882)
Operating loss | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (1,162)
Other (expense) income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest expense, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | (22,977)
Other | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 384
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (22,593)
Loss before income taxes | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | (23,755)
Income tax expense | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | 1,149
Net loss | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | (24,904)
__________
(1) | Excludes real estate and property taxes.
(2) | For each reportable segment, the “Other segment items” category includes:
| ● | Midwest & South and West ─ Advertising and marketing, rent expense, insurance, and other miscellaneous costs.
| ● | Contracted Sports Wagering ─ Credit loss expense net of recoveries, as well as certain overhead expenses.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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