XML 117 R102.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information - Schedule of Adjusted EBITDA by Segment (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Segment Reporting Information [Line Items]                      
Net revenues $ 219.0 $ 221.3 $ 379.4 $ 189.3 $ 178.9 $ 196.9 $ 339.3 $ 167.5 $ 1,009.0 $ 882.6 $ 822.4
Adjusted EBITDA                 328.8 286.2 252.3
Racing                      
Segment Reporting Information [Line Items]                      
Net revenues                 274.3 257.3 251.1
Adjusted EBITDA                 92.4 84.5 79.7
Online Wagering                      
Segment Reporting Information [Line Items]                      
Net revenues                 290.2 255.6 221.6
Adjusted EBITDA                 72.8 64.4 56.2
Casino                      
Segment Reporting Information [Line Items]                      
Net revenues                 411.2 350.5 332.8
Adjusted EBITDA                 169.5 146.0 125.8
Other Investments                      
Segment Reporting Information [Line Items]                      
Net revenues                 33.3 19.2 16.9
Adjusted EBITDA                 5.3 3.7 2.7
Corporate                      
Segment Reporting Information [Line Items]                      
Adjusted EBITDA                 (11.2) (12.4) (12.1)
Operating Segments | Racing                      
Segment Reporting Information [Line Items]                      
Net revenues                 295.4 276.6 268.1
Taxes & purses                 (67.3) (65.4) (64.2)
Marketing & advertising                 (6.5) (4.9) (4.6)
Salaries & benefits                 (44.0) (41.7) (40.9)
Content expense                 (14.4) (15.2) (15.6)
SG&A expense                 (17.8) (16.8) (16.2)
Other operating expense                 (53.6) (48.9) (47.4)
Other income                 0.6 0.8 0.5
Adjusted EBITDA                 92.4 84.5 79.7
Operating Segments | Online Wagering                      
Segment Reporting Information [Line Items]                      
Net revenues                 291.5 256.7 222.9
Taxes & purses                 (15.2) (14.7) (11.6)
Marketing & advertising                 (6.0) (8.2) (6.3)
Salaries & benefits                 (9.2) (9.9) (9.4)
Content expense                 (152.0) (125.0) (107.6)
SG&A expense                 (12.1) (12.4) (12.0)
Other operating expense                 (24.2) (22.1) (19.8)
Other income                 0.0 0.0 0.0
Adjusted EBITDA                 72.8 64.4 56.2
Operating Segments | Casino                      
Segment Reporting Information [Line Items]                      
Net revenues                 411.2 350.5 332.8
Taxes & purses                 (139.9) (117.0) (110.9)
Marketing & advertising                 (14.7) (12.1) (12.7)
Salaries & benefits                 (58.5) (53.2) (50.8)
Content expense                 (0.3) 0.0 0.0
SG&A expense                 (26.1) (22.6) (21.2)
Other operating expense                 (45.5) (41.6) (39.1)
Other income                 43.3 42.0 27.7
Adjusted EBITDA                 169.5 146.0 125.8
Operating Segments | Other Investments                      
Segment Reporting Information [Line Items]                      
Net revenues                 37.8 23.7 20.8
Taxes & purses                 (4.3) 0.0 0.0
Marketing & advertising                 (1.0) 0.0 0.0
Salaries & benefits                 (15.0) (12.0) (10.9)
Content expense                 0.0 0.0 0.0
SG&A expense                 (5.3) (3.3) (3.4)
Other operating expense                 (7.0) (5.1) (4.1)
Other income                 0.1 0.4 0.3
Adjusted EBITDA                 5.3 3.7 2.7
Operating Segments | Corporate                      
Segment Reporting Information [Line Items]                      
Net revenues                 0.0 0.0 0.0
Taxes & purses                 0.0 0.0 0.0
Marketing & advertising                 0.0 0.0 0.0
Salaries & benefits                 0.0 0.0 0.0
Content expense                 0.0 0.0 0.0
SG&A expense                 (11.0) (12.2) (11.7)
Other operating expense                 (0.4) (0.5) (0.6)
Other income                 0.2 0.3 0.2
Adjusted EBITDA                 $ (11.2) (12.4) (12.1)
Big Fish Games | Discontinued Operations, Held-for-sale                      
Segment Reporting Information [Line Items]                      
Adjusted EBITDA corporate and other expenses                     3.1
Big Fish Games | Discontinued Operations, Held-for-sale | Corporate                      
Segment Reporting Information [Line Items]                      
Adjusted EBITDA corporate and other expenses                   $ 3.6 $ 3.1