v3.26.3
Segment Information - Schedule of Adjusted EBITDA by Segment (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Segment Reporting [Line Items]        
Equity in income of unconsolidated affiliates $ 38 $ 35 $ 115 $ 105
Adjusted EBITDA 264 262 998 958
Operating Segments        
Segment Reporting [Line Items]        
Adjusted EBITDA 287 285 1,071 1,024
Live and Historical Racing | Operating Segments        
Segment Reporting [Line Items]        
Revenues 315 305 1,191 1,123
Pari-mutuel taxes and purses (87) (80) (282) (268)
Gaming taxes (1) (2) (5) (5)
Marketing and advertising (12) (13) (40) (43)
Salaries and benefits (38) (37) (112) (107)
Content expense (1) (2) (3) (5)
Selling, general and administrative expense (11) (11) (36) (32)
Maintenance, insurance and utilities (13) (11) (38) (33)
Gaming equipment rental and technology costs (15) (13) (42) (37)
Food and beverage costs (4) (3) (12) (11)
Other operating expense (23) (21) (80) (71)
Equity in income of unconsolidated affiliates 0 0 0 0
Other income 1 4 1 4
Adjusted EBITDA 111 116 542 515
Wagering Services and Solutions | Operating Segments        
Segment Reporting [Line Items]        
Revenues 126 127 422 411
Pari-mutuel taxes and purses (6) (6) (18) (18)
Gaming taxes 0 (1) (1) (2)
Marketing and advertising 0 (1) (8) (8)
Salaries and benefits (9) (9) (26) (26)
Content expense (47) (49) (168) (169)
Selling, general and administrative expense (3) (3) (11) (13)
Maintenance, insurance and utilities (3) (1) (8) (3)
Gaming equipment rental and technology costs (1) 0 (4) (2)
Food and beverage costs 0 0 0 0
Other operating expense (9) (11) (33) (35)
Equity in income of unconsolidated affiliates 0 0 0 0
Other income 0 0 0 0
Adjusted EBITDA 48 46 145 135
Gaming | Operating Segments        
Segment Reporting [Line Items]        
Revenues 273 266 805 799
Pari-mutuel taxes and purses (6) (7) (24) (29)
Gaming taxes (84) (82) (240) (234)
Marketing and advertising (9) (9) (25) (26)
Salaries and benefits (43) (41) (127) (128)
Content expense (2) (3) (5) (7)
Selling, general and administrative expense (11) (10) (35) (32)
Maintenance, insurance and utilities (10) (11) (29) (30)
Gaming equipment rental and technology costs (5) (4) (14) (13)
Food and beverage costs (4) (4) (13) (12)
Other operating expense (18) (16) (53) (49)
Equity in income of unconsolidated affiliates 47 44 143 134
Other income 0 0 1 1
Adjusted EBITDA $ 128 $ 123 $ 384 $ 374