SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
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| Schedule of breakout of expenses used by the CODM to monitor and assess the financial performance |
| | | | | | | | | | | Six Months Ended June 30, | | | | | 2026 | | | 2025 | | Net revenues | | $ | 279,147 | | $ | 262,308 | | Operating Expenses | | | | | | | | Labor expense | | | 80,851 | | | 78,733 | | Cost of sales | | | 22,370 | | | 21,444 | | Tax and license expense [a] | | | 41,590 | | | 39,549 | | Other operating expense [b] | | | 36,460 | | | 34,164 | | Depreciation and amortization | | | 21,131 | | | 26,786 | | Other operating items, net [c] | | | 3,176 | | | 1,415 | | Interest (income) expense, net | | | (1,340) | | | (708) | | Income tax expense | | | 14,794 | | | 14,053 | | Total expenses | | $ | 219,032 | | $ | 215,436 | | | | | | | | | | Net income | | $ | 60,115 | | $ | 46,872 | |
[a] Tax and license includes gaming taxes and licenses, commerce taxes, use taxes and property taxes. [b] Operating expenses includes expenses for casino, food and beverage, hotel, other, selling general and administrative expenses labor expense, cost of sales, tax and license expense. [c] Other operating items, net includes construction litigation expenses, lobbying expenses, and (gain) loss on disposition of assets.
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| Schedule of property and Equipment, net |
Property and equipment, net consists of the following (in thousands): | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Land | | $ | 34,688 | | $ | 34,688 | | Land improvements | | | 11,636 | | | 11,636 | | Buildings | | | 474,462 | | | 474,462 | | Building improvements | | | 142,803 | | | 141,919 | | Furniture and equipment | | | 271,454 | | | 267,924 | | Construction in progress | | | 13,433 | | | 11,526 | | Right of use assets | | | 12,744 | | | 13,255 | | Leasehold improvements | | | 4,498 | | | 4,498 | | Property and equipment | | | 965,718 | | | 959,908 | | Less accumulated depreciation and amortization | | | (420,678) | | | (403,240) | | Property and equipment, net | | $ | 545,040 | | $ | 556,668 | | | | | | | | | |
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| Schedule of property and equipment, estimated useful lives |
| | | | | | Land improvements | | 15 | - | 40 | years | Buildings | | 30 | - | 40 | years | Building improvements | | 5 | - | 40 | years | Leasehold improvements | | 5 | - | 40 | years | Furniture | | 5 | - | 10 | years | Equipment | | 3 | - | 20 | years |
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| Schedule of contract related liabilities |
| | | | | | | | | | | | | | | | | | | | | | June 30, | | December 31, | | Increase (Decrease) | | June 30, | | December 31, | | Increase (Decrease) | | | | 2026 | | 2025 | | | | | 2025 | | 2024 | | | | | Contractual Liability | | | | | | | | | | | | | | | | | | | | Players Club Liability | | $ | 7,530 | | $ | 7,543 | | $ | (13) | | $ | 7,935 | | $ | 8,097 | | $ | (162) | | Outstanding Chip Liability | | | 1,633 | | | 1,945 | | | (312) | | | 1,519 | | | 2,298 | | | (779) | | Customer Advances and Other | | | 6,353 | | | 7,345 | | | (992) | | | 6,242 | | | 6,378 | | | (136) | | Total Contractual Liability | | $ | 15,516 | | $ | 16,833 | | $ | (1,317) | | $ | 15,696 | | $ | 16,773 | | $ | (1,077) | |
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