XML 36 R22.htm IDEA: XBRL DOCUMENT v3.20.4
Gaming Terminal Fees
12 Months Ended
Dec. 31, 2020
Gaming Terminal Fees [Abstract]  
Gaming Terminal Fees Gaming Terminal FeesIn accordance with the Illinois Video Gaming Act, a 34% tax on net terminal income (such tax increased from 30% to 33% beginning on July 1, 2019 and from 33% to 34% beginning on July 1, 2020), as defined, is payable to the State of Illinois Gaming Board. Through July 2018, a 0.7275% administrative fee was payable to a third-party at the direction of the State of Illinois Gaming Board (the “administrative fee”). Effective July 2018, the administrative fee increased to 0.8513%. Gaming terminal fees, which consist of the tax and administrative fee, totaled $103.6 million, $133.2 million and $99.1 million for the years ended December 31, 2020, 2019 and 2018, respectively. The net terminal income remaining is split “50/50” between the Company and the licensed gaming location. The licensed gaming location's share of net terminal income totaled $98.3 million, $138.8 million and $111.4 million for the years ended December 31, 2020, 2019 and 2018, respectively. The gaming terminal fees and the licensed gaming location's share of net terminal income are recorded in cost of revenue in the accompanying consolidated statements of operations and comprehensive (loss) income.