Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consists of the following at December 31 (in thousands):

	2022		2021
Gaming terminals and equipment	$	294,944	$	225,692
Amusement and other equipment	25,807		18,547
Office equipment and furniture	2,534		1,731
Computer equipment and software	18,526		14,319
Leasehold improvements	6,996		4,127
Vehicles	16,293		11,518
Buildings and improvements	11,945		10,997
Land	1,143		911
Construction in progress	647		3,898
Total property and equipment	378,835		291,740
Less accumulated depreciation and amortization	(166,991)		(139,489)
Property and equipment, net	$	211,844	$	152,251

Depreciation and amortization of property and equipment amounted to $29.3 million, $24.6 million and $21.0 million during the years ended December 31, 2022, 2021 and 2020, respectively. Depreciation expense in 2022 increased primarily due to acquisitions, partially offset by extending the useful lives of gaming terminals and equipment from 10 years to 13 years in the fourth quarter of 2021.