v3.26.1
Segment Information - Schedule of Segment Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Revenues          
Revenues $ 1,857.4 $ 1,765.0 $ 3,636.4 $ 3,437.5  
Gaming taxes (709.0) (644.9) (1,400.0) (1,300.0)  
Media and advertising (42.8) (85.5) (83.5) (185.4)  
Segment Adjusted EBITDAR 507.7 427.6 968.2 795.6  
Adjusted EBITDAR:          
Other category (31.8) (35.5) (63.2) (74.3)  
Rent expense associated with triple net operating leases (163.3) (156.0) (326.6) (311.9)  
Stock-based compensation (17.4) (16.1) (31.5) (31.7)  
Cash-settled stock-based awards variance 2.6 3.1 6.0 6.3  
Pre-opening expenses (23.0) (4.4) (27.2) (4.9)  
Depreciation and amortization (117.8) (110.5) (234.8) (218.5)  
Non-operating items of equity method investments (1.1) (1.1) (2.3) (2.2)  
Impairment loss 0.0 (15.0) 0.0 (15.0)  
Interest expense, net (100.9) (95.9) (201.8) (206.7)  
Interest income 2.0 2.1 3.8 5.3  
Gain on financing arrangement 0.0 0.0 0.0 215.1  
Loss on early extinguishment of debt (1.8) (11.8) (1.8) (11.8)  
Other (15.5) 1.6 (43.2) 2.0  
Income (loss) before income taxes 39.7 (11.9) 45.6 147.3  
Income tax expense (7.1) (6.4) (15.8) (54.1)  
Net income (loss) 32.6 (18.3) 29.8 93.2  
Corporate overhead costs 29.5 38.7 57.7 74.7  
Proxy related costs for legal and advisory   9.4   17.1  
Capital expenditures:          
Capital expenditures 97.5 159.4 192.0 284.6  
Assets:          
Investment in and advances to unconsolidated affiliates 78.8   78.8   $ 79.4
Total assets 14,069.2   14,069.2   14,268.5
Sportsbook Agreement          
Adjusted EBITDAR:          
Marketing expenses   37.5   75.0  
Investment Agreement          
Adjusted EBITDAR:          
Marketing expenses   14.3   28.5  
Operating Segments          
Revenues          
Revenues 1,857.4 1,765.0 3,636.4 3,437.5  
Operating Segments | Northeast          
Revenues          
Revenues 731.6 711.6 1,418.7 1,392.5  
Gaming taxes (299.3) (290.4) (581.9) (569.9)  
Compensation and benefits (106.0) (103.6) (211.3) (207.1)  
Other segment items (106.1) (108.1) (210.8) (211.8)  
Segment Adjusted EBITDAR 220.2 209.5 414.7 403.7  
Capital expenditures:          
Capital expenditures 24.7 31.4 44.8 44.9  
Assets:          
Investment in and advances to unconsolidated affiliates 0.1   0.1   0.1
Total assets 1,756.0   1,756.0   1,815.6
Operating Segments | South          
Revenues          
Revenues 301.9 302.2 583.1 590.5  
Gaming taxes (66.4) (65.8) (127.9) (129.2)  
Compensation and benefits (57.3) (59.6) (115.1) (116.4)  
Other segment items (69.2) (72.0) (126.9) (136.8)  
Segment Adjusted EBITDAR 109.0 104.8 213.2 208.1  
Capital expenditures:          
Capital expenditures 9.5 17.1 19.4 30.8  
Assets:          
Investment in and advances to unconsolidated affiliates 0.0   0.0   0.0
Total assets 1,254.9   1,254.9   1,295.2
Operating Segments | West          
Revenues          
Revenues 151.5 137.7 297.2 267.4  
Gaming taxes (26.6) (25.4) (52.2) (49.1)  
Compensation and benefits (33.7) (31.1) (67.0) (62.4)  
Other segment items (36.2) (27.7) (69.0) (56.7)  
Segment Adjusted EBITDAR 55.0 53.5 109.0 99.2  
Capital expenditures:          
Capital expenditures 4.4 42.8 8.1 83.3  
Assets:          
Investment in and advances to unconsolidated affiliates 0.0   0.0   0.0
Total assets 423.4   423.4   427.6
Operating Segments | Midwest          
Revenues          
Revenues 320.6 297.0 626.5 579.9  
Gaming taxes (85.8) (78.8) (167.7) (153.5)  
Compensation and benefits (49.1) (44.7) (98.7) (88.8)  
Other segment items (52.7) (51.7) (108.4) (102.0)  
Segment Adjusted EBITDAR 133.0 121.8 251.7 235.6  
Capital expenditures:          
Capital expenditures 55.8 64.5 113.3 116.2  
Assets:          
Investment in and advances to unconsolidated affiliates 77.4   77.4   77.8
Total assets 1,424.4   1,424.4   1,567.5
Operating Segments | Interactive          
Revenues          
Revenues 349.4 316.1 707.7 606.2  
Gaming taxes (230.9) (184.5) (465.3) (353.1)  
Compensation and benefits (24.0) (37.6) (53.9) (74.3)  
Media and advertising (31.8) (73.5) (61.3) (162.0)  
Other segment items (72.2) (82.5) (147.6) (167.8)  
Segment Adjusted EBITDAR (9.5) (62.0) (20.4) (151.0)  
Adjusted EBITDAR:          
Tax gross up 185.5 137.9 371.3 266.1  
Capital expenditures:          
Capital expenditures 0.0 0.1 0.1 3.7  
Assets:          
Investment in and advances to unconsolidated affiliates 0.0   0.0   0.0
Total assets 1,388.4   1,388.4   1,530.0
Other          
Revenues          
Revenues 5.6 5.7 10.9 11.0  
Capital expenditures:          
Capital expenditures 3.1 3.5 6.3 5.7  
Assets:          
Investment in and advances to unconsolidated affiliates 1.3   1.3   1.5
Total assets 7,822.1   7,822.1   $ 7,632.6
Intersegment Eliminations          
Revenues          
Revenues $ (3.2) $ (5.3) $ (7.7) $ (10.0)