Property and Equipment

3 Months Ended

Mar. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consist of the following at March 31, 2023 and December 31, 2022 (in thousands):

	March 31, 2023		December 31, 2022
Gaming terminals and equipment	$	310,209	$	266,972
Amusement and other equipment	26,227		39,249
Office equipment and furniture	2,704		6,996
Computer equipment and software	18,823		21,515
Leasehold improvements	7,362		11,945
Vehicles	17,083		2,534
Buildings and improvements	12,259		1,143
Land	1,663		14,531
Construction in progress	4,642		13,950
Total property and equipment	400,972		378,835
Less accumulated depreciation and amortization	(175,214)		(166,991)
Property and equipment, net	$	225,758	$	211,844

Depreciation and amortization of property and equipment was $9.1 million and $5.8 million for the three months ended March 31, 2023, and 2022, respectively. The year-over-year increase in depreciation expense is due to an increased number of locations and gaming terminals primarily attributable to the acquisition of Century in the second quarter of 2022.