SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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9 Months Ended |
Sep. 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 |
| | | | | | | | | | | Nine Months Ended September 30, | | | | | 2026 | | | 2025 | | Net revenues | | $ | 425,412 | | $ | 405,122 | | Operating Expenses | | | | | | | | Labor expense | | | 120,593 | | | 117,708 | | Cost of sales | | | 34,220 | | | 33,167 | | Tax and license expense [a] | | | 63,164 | | | 60,078 | | Other operating expense [b] | | | 56,165 | | | 52,981 | | Depreciation and amortization | | | 31,947 | | | 40,842 | | Other operating items, net [c] | | | 4,479 | | | 1,956 | | Interest (income) expense, net | | | (2,169) | | | (1,283) | | Income tax expense | | | 24,893 | | | 21,225 | | Total expenses | | $ | 333,292 | | $ | 326,674 | | | | | | | | | | Net income | | $ | 92,120 | | $ | 78,448 | |
[a] Tax and license includes gaming taxes and licenses, commerce taxes, use taxes and property taxes. [b] Other operating expenses includes expenses for casino, food and beverage, hotel, other, selling general and administrative expenses, excluding 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): | | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Land | | $ | 36,867 | | $ | 34,688 | | Land improvements | | | 11,653 | | | 11,636 | | Buildings | | | 476,054 | | | 474,462 | | Building improvements | | | 142,873 | | | 141,919 | | Furniture and equipment | | | 272,384 | | | 267,924 | | Construction in progress | | | 14,714 | | | 11,526 | | Right of use assets | | | 12,549 | | | 13,255 | | Leasehold improvements | | | 4,498 | | | 4,498 | | Property and equipment | | | 971,592 | | | 959,908 | | Less accumulated depreciation and amortization | | | (428,595) | | | (403,240) | | Property and equipment, net | | $ | 542,997 | | $ | 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 |
| | | | | | | | | | | | | | | | | | | | | | September 30, | | December 31, | | Increase (Decrease) | | September 30, | | December 31, | | Increase (Decrease) | | | | 2026 | | 2025 | | | | | 2025 | | 2024 | | | | | Contract Liability | | | | | | | | | | | | | | | | | | | | Players Club Liability | | $ | 7,904 | | $ | 7,543 | | $ | 361 | | $ | 7,746 | | $ | 8,097 | | $ | (351) | | Outstanding Chip Liability | | | 2,008 | | | 1,945 | | | 63 | | | 1,740 | | | 2,298 | | | (558) | | Customer Advances and Other | | | 6,743 | | | 7,345 | | | (602) | | | 6,505 | | | 6,378 | | | 127 | | Total Contract Liability | | $ | 16,655 | | $ | 16,833 | | $ | (178) | | $ | 15,991 | | $ | 16,773 | | $ | (782) | |
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