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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES:    
Net revenues $ 635,823 $ 440,192
EXPENSES:    
Other 11,249 7,405
Marketing and promotions 32,301 21,301
General and administrative 119,888 74,202
Corporate 16,754 11,569
Impairment charges 958 9,815
Depreciation and amortization 57,757 31,534
Total operating expenses 533,248 382,659
Gain (loss) on sale or disposal of property and equipment 22,318 (706)
Transaction expenses (1,894) (2,548)
Income (loss) from unconsolidated affiliates 605 (85)
Operating (loss) income 123,604 54,194
OTHER EXPENSE:    
Interest expense, net (73,510) (31,251)
Unrealized loss on restricted investments (1,460)  
Total other expense (74,970) (31,251)
Income before income taxes 48,634 22,943
Provision for income taxes (10,405) (2,088)
Net income $ 38,229 $ 20,855
Net income per share of common stock:    
Basic $ 0.49 $ 0.27
Diluted $ 0.49 $ 0.27
Weighted average number of shares outstanding:    
Weighted average basic shares outstanding 77,567,147 77,353,730
Weighted average diluted shares outstanding 78,589,110 78,080,049
Casino and pari-mutuel Commissions    
REVENUES:    
Net revenues $ 470,851 $ 343,528
EXPENSES:    
Cost of goods and services 210,306 169,551
Food and Beverage    
REVENUES:    
Net revenues 75,209 52,198
Net revenues 75,209 52,198
EXPENSES:    
Cost of goods and services 60,385 44,776
Hotel    
REVENUES:    
Net revenues 64,691 30,741
Net revenues 64,691 30,741
EXPENSES:    
Cost of goods and services 23,650 12,506
Other    
REVENUES:    
Net revenues 25,072 13,725
Net revenues $ 25,072 $ 13,725