| Schedule of Property and Equipment |
Depreciation has been computed using the straight-line method over the following estimated useful lives: | | | | | | | Years | | Gaming terminals, software and equipment | 3-13 | | Amusement, ATM and other equipment | 7-10 | | Office equipment and furniture | 7 | | Computer software and equipment | 3-5 | | Leasehold improvements * | 5 | | Vehicles | 5 | | Buildings and improvements | 15-29 |
* Leasehold improvements are amortized over the shorter of the useful life or the lease. Property and equipment, net consists of the following as of December 31 (in thousands): | | | | | | | | | | | | | 2025 | | 2024 | Gaming terminals, software and equipment | $ | 472,444 | | | $ | 415,003 | | Amusement, ATM and other equipment | 28,294 | | | 29,174 | | | Office equipment and furniture | 7,774 | | | 4,281 | | Computer software and equipment | 26,153 | | | 23,136 | | | Leasehold improvements | 12,156 | | | 10,151 | | | Vehicles | 22,526 | | | 22,974 | | Buildings and improvements (1) | 51,412 | | | 30,105 | | Land (1) | 9,086 | | | 7,718 | | | Construction in progress | 3,719 | | | 4,453 | | | Total property and equipment | 633,564 | | | 546,995 | | | Less accumulated depreciation and amortization | (283,260) | | | (238,998) | | Total property and equipment, net | $ | 350,304 | | | $ | 307,997 | |
(1) Includes properties leased to third parties of $10.0 million and $7.0 million for the years ended December 31, 2025, and 2024, respectively.
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