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Revenue Recognition
 12 Months Ended
Dec. 31, 2022
Revenue Recognition [Abstract]  
Revenue Recognition 8.  REVENUE RECOGNITION

The Company derives revenue and other income from contracts with customers and financial instruments. A breakout of the Company’s revenue and other income is presented in the table below.

For the year

ended December 31,

Amounts in thousands

2022

2021

2020

Revenue from contracts with customers

$

430,529

$

388,506

$

304,268

Cost recovery income

1,938

655

158

Century Casino Calgary sale earn out revenue

—

51

—

Total revenue

$

432,467

$

389,212

$

304,426

The Company operates gaming establishments as well as related lodging, restaurant, horse racing (including off-track betting), sports betting, iGaming, and entertainment facilities around the world. The Company generates revenue at its properties by providing the following types of products and services: gaming, pari-mutuel and sports betting, iGaming, hotel, food and beverage, and other. Disaggregation of the Company’s revenue from contracts with customers by type of revenue and geographical location is presented in the tables below.

For the year ended December 31, 2022

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Gaming

$

232,871

$

43,972

$

88,959

$

184

$

365,986

Pari-mutuel, sports betting and iGaming

8,728

10,879

—

—

19,607

Hotel

9,159

469

—

—

9,628

Food and beverage

12,394

10,860

843

—

24,097

Other

5,430

5,392

367

22

11,211

Net operating revenue

$

268,582

$

71,572

$

90,169

$

206

$

430,529


‎

For the year ended December 31, 2021

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Gaming

$

249,397

$

25,604

$

56,724

$

152

$

331,877

Pari-mutuel, sports betting and iGaming

8,492

10,356

—

—

18,848

Hotel

8,241

45

—

—

8,286

Food and beverage

11,761

5,606

421

—

17,788

Other

5,394

4,817

1,081

415

11,707

Net operating revenue

$

283,285

$

46,428

$

58,226

$

567

$

388,506

For the year ended December 31, 2020

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Gaming

$

168,904

$

30,319

$

53,228

$

830

$

253,281

Pari-mutuel, sports betting and iGaming

7,502

10,158

—

—

17,660

Hotel

5,826

84

—

—

5,910

Food and beverage

9,795

5,832

462

105

16,194

Other

6,317

3,847

581

478

11,223

Net operating revenue

$

198,344

$

50,240

$

54,271

$

1,413

$

304,268

For the majority of the Company’s contracts with customers, payment is made in advance of the services and contracts are settled on the same day the sale occurs with revenue recognized on the date of the sale. For contracts that are not settled, a contract liability is created. The expected duration of the performance obligation is less than one year.

The amount of revenue recognized that was included in the opening contract liability balance was $1.6 million and $0.6 million for each of the years ended December 31, 2022 and 2021, respectively. This revenue consisted primarily of the Company’s deferred gaming revenue from player points earned through play at the Company’s casinos located in the United States. Activity in the Company’s receivables and contract liabilities is presented in the table below.

For the year

For the year

ended December 31, 2022

ended December 31, 2021

Amounts in thousands

Receivables

Contract Liabilities

Receivables

Contract Liabilities

Opening

$

1,269

$

2,986

$

1,103

$

2,200

Closing

1,351

2,417

1,269

2,986

Increase/(Decrease)

$

82

$

(569)

$

166

$

786

Receivables are included in accounts receivable and contract liabilities are included in accrued liabilities on the Company’s consolidated balance sheets. In March 2020, the Company wrote-down its receivables related to MCE based on assessments made due to COVID-19 and future cash flows of MCE, and as a result, charged $0.3 million to general and administrative expenses during the year ended December 31, 2020.

Substantially all of the Company’s contracts and contract liabilities have an original duration of one year or less. The Company applies the practical expedient for such contracts and does not consider the effects of the time value of money. Further, because of the short duration of these contracts, the Company has not disclosed the transaction price for the remaining performance obligations as of the end of each reporting period or when the Company expects to recognize this revenue.