Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Change in Accounting Estimate

The impact of these changes in estimate for the years ended December 31, 2022 and 2021, was as follows (in thousands):


	Year ended		Year ended
	December 31, 2022		December 31, 2021
Decrease to depreciation expense	$	3,685	$	1,232
Decrease to amortization expense	$	8,215	$	2,688
Increase to net income	$	8,511	$	3,920
Increase to net income per share	$	0.09	$	0.04

Schedule of Property and Equipment Useful Lives

Depreciation has been computed using the straight-line method over the following estimated useful lives:


			Years
Gaming terminals and equipment			13
Amusement and other equipment			7
Office equipment and furniture			7
Computer equipment and software			3-5
Leasehold improvements *			5
Vehicles			5
Buildings and improvements			15-29

* Leasehold improvements are amortized over the shorter of the useful life or the lease.

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

Disaggregation of Revenue

Total net revenues for the years ended December 31 is disaggregated in the following table by the primary states in which the Company operates given the geographic economic factors that affect the revenues in the states.


(in thousands)	2022		2021		2020
Net revenues by state:
Illinois	$	808,652	$	730,244	$	316,352
Montana	79,639		—		—
Nevada	66,989		—		—
Other	14,517		4,463		—
Total net revenues	$	969,797	$	734,707	$	316,352