Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2013

Business Acquisition [Line Items]

Schedule of revenue and expenses of discontinued operations

The revenue and expenses of the discontinued pub operations for the years ended December 31,2013, 2012, and 2011 were as follows:

	Year Ended
	December 31,
	2013			2012			2011
Revenue:
Services	$	1.8		$	12.0		$	12.8
Operating expenses:
Cost of services (1)	3.0			10.4			9.7
Selling, general and administrative	1.2			2.8			3.9
Employee termination and restructuring	—			0.9			—
Depreciation and amortization	0.6			22.5			7.6
Loss from discontinued operations	(3.0		)	(24.6		)	(8.4		)
Other (expense) income, net	0.8			(0.1		)	(0.9		)
Income tax (expense) benefit	(2.4		)	6.0			2.5
Net loss from discontinued operations	$	(4.6	)	$	(18.7	)	$	(6.8	)

(1) Exclusive of depreciation and amortization.

WMS Acquisition

Business Acquisition [Line Items]

Estimated fair values of the assets acquired and liabilities assumed at the acquisition date based on a preliminary purchase price allocation

The preliminary allocation of the purchase price to the estimated fair values of assets acquired and liabilities assumed is presented below:

At October 18, 2013
Current assets	$	508.0
Long-term notes receivable	76.2
Property, plant and equipment, net	465.3
Goodwill	385.6
Intangible assets	325.0
Intellectual property	201.2
Other long-term assets	5.9
Total assets	1,967.2
Current liabilities	(164.4		)
Deferred income taxes	(166.6		)
Long-term liabilities	(150.3		)
Total liabilities	(481.3		)
Total equity purchase price	$	1,485.9

Schedule of property, plant and equipment and intangible assets acquired as part of business combination

Our estimates of the fair values of depreciable tangible assets and identifiable intangible assets are presented below:

	Fair values at October 18, 2013		Average remaining useful life (in years)
Land	$	14.9	Indefinite
Real property	110.5		40
Gaming machines	230.8		1-6
Personal property	109.1		4-6
	$	465.3
Trade names	$	66.0	Indefinite
Product names	39.3		10
Customer relationships	131.5		2-15
Long-term licenses	88.2		2-5
	$	325.0

Unaudited pro forma information, actual since acquisition

The revenue and loss from continuing operations of WMS since the acquisition date that are included in our consolidated statements of operations are presented below. These amounts are not necessarily indicative of the results of operations that WMS would have realized if it had continued to operate as a stand-alone company during the period presented, primarily due to the elimination of certain headcount and administrative costs since the acquisition date that are the result of integration activities or due to costs that are now reflected in our unallocated corporate costs and not allocated to WMS.

	From October 18, 2013 through December 31, 2013
Revenue	$	144.7
Loss from continuing operations	$	(31.4	)

Unaudited pro forma revenue and net (loss)

As required by ASC 805, Business Combinations, the following unaudited pro forma statements of operations for the years ended December 31, 2013 and 2012 give effect to the WMS acquisition as if it had been completed on January 1, 2012. The unaudited pro forma financial statements are presented for illustrative purposes only and are not necessarily indicative of what the operating results actually would have been had the WMS acquisition been completed during the periods presented. In addition, the unaudited pro forma financial statements do not purport to project the future operating results of the Company. This information is preliminary in nature and subject to change based on final purchase price adjustments. The pro forma statements of operations does not reflect: (1) any anticipated synergies (or costs to achieve synergies) or (2) the impact of non-recurring items directly related to the WMS acquisition.

	Year Ended December 31,
	2013		2012
Revenue from Consolidated Statements of Operations and Comprehensive Loss	$	1,090.9	$	928.6
Add: WMS revenue not reflected in Consolidated Statements of Operations and Comprehensive Loss	567.4		688.5
Unaudited pro forma revenue	$	1,658.3	$	1,617.1

	Year Ended December 31,
	2013			2012
Net loss from continuing operations from Consolidated Statements of Operations and Comprehensive Loss	$	(25.6	)	$	(43.9	)
Add: WMS net loss from continuing operations not reflected in Consolidated Statements of Operations and Comprehensive Loss plus pro forma adjustments described below	(34.7		)	(50.4		)
Unaudited pro forma net loss from continuing operations	$	(60.3	)	$	(94.3	)

Barcrest

Business Acquisition [Line Items]

Estimated fair values of the assets acquired and liabilities assumed at the acquisition date based on a preliminary purchase price allocation

The following table summarizes the adjusted fair values of the assets acquired and liabilities assumed at the acquisition date based on a final purchase price allocation:

At September 23, 2011
Cash and cash equivalents	$	1.9
Accounts receivable, net of allowance of doubtful accounts of $2.0 as of September 23, 2011	22.6
Inventories	7.5
Prepaid expenses, deposits and other current assets	1.8
Property and equipment	14.5
Deferred income taxes	0.1
Other long-term assets	2.5
Intangible assets	12.0
Total identifiable assets acquired	62.9
Accounts payable	7.7
Accrued liabilities	11.1
Long-term deferred income tax liabilities	2.1
Net identifiable assets acquired	42.0
Goodwill	6.4
Net assets acquired	$	48.4

Unaudited pro forma revenue and net (loss)

As required by ASC 805, Business Combinations, set forth below is our unaudited pro forma revenue and net loss for the years ended December 31, 2010 and 2011, as if the acquisition of Barcrest had occurred on January 1, 2010.

	Years Ended December 31,
	2011		2010
Revenue from Consolidated Statements of Operations and Comprehensive Income	865.9		$	870.5
Add: Barcrest revenue not reflected in Consolidated Statements of Operations and Comprehensive Income plus pro forma adjustment (1) below	43.2		53.4
Unaudited pro forma revenue	$	909.1	$	923.9

_______________________________________________________________________________

(1) Pro forma adjustment made to eliminate intercompany revenue and costs of $3.2 million and $0.5 million for the years ended December 31, 2011 and 2010, respectively.

	Years Ended December 31,
	2011			2010
Net loss from continuing operations from Consolidated Statements of Operations and Comprehensive Loss	$	(5.8	)	$	(144.4	)
Add: Barcrest net income not reflected in Consolidated Statements of Operations and Comprehensive Income plus pro forma adjustments (1) and (2) below	2.5			6.6
Unaudited pro forma net loss from continuing operations	$	(3.3	)	$	(137.8	)

_______________________________________________________________________________

(1) Pro forma adjustment made to capitalize development costs of $1.7 million for each of the years ended December 31, 2011 and 2010, in accordance with the Company's accounting policies.

(2) Pro forma adjustment made to reflect the additional depreciation and amortization of $2.3 million and $2.2 million for the years ended December 31, 2011 and 2010, respectively, that would have been charged assuming the fair value adjustments to intangible assets had been applied on January 1, 2010.