v3.25.2
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
 6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]  
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
Investments in and advances to unconsolidated affiliates were $484 million and $381 million as of June 30, 2025 and December 31, 2024, respectively. The Company’s share of losses of BetMGM North America Venture in excess of its equity method investment balance is $80 million and $89 million as of June 30, 2025 and December 31, 2024, respectively, which is recorded within “Other accrued liabilities” on the consolidated balance sheets.

The Company recorded its share of income (loss) from unconsolidated affiliates as follows:
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2025202420252024
 (In thousands)
Income (loss) from unconsolidated affiliates$25,860 $(34,184)$12,964 $(59,308)
Non-operating items from unconsolidated affiliates(4,055)1,762 (3,793)1,626 
 $21,805 $(32,422)$9,171 $(57,682)

The following table summarizes information related to the Company’s share of operating income (loss) from unconsolidated affiliates:
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2025202420252024
 (In thousands)
BetMGM North America Venture
$21,770 $(38,391)$6,569 $(70,992)
Other4,090 4,207 6,395 11,684 
 $25,860 $(34,184)$12,964 $(59,308)