XML 122 R104.htm IDEA: XBRL DOCUMENT v3.22.0.1
Segment Information (Details)
$ in Millions
12 Months Ended
Dec. 31, 2021
USD ($)
segment
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Aug. 01, 2021
Segment Reporting Information [Line Items]        
Number of reportable segments | segment 5      
Revenues:        
Total $ 5,905.0 $ 3,578.7 $ 5,301.4  
Adjusted EBITDAR:        
Adjusted EBITDAR 1,994.4 1,094.8 1,605.2  
Rent expense associated with triple net operating lease (454.4) (419.8) (366.4)  
Stock-based compensation (35.1) (14.5) (14.9)  
Cash-settled stock-based awards variance (1.2) (67.2) (0.8)  
Gain (loss) on disposal of assets (1.1) 29.2 (5.5)  
Contingent purchase price (1.9) 1.1 (7.0)  
Pre-opening expenses (5.4) (11.8) (22.3)  
Depreciation and amortization (344.5) (366.7) (414.2)  
Impairment losses 0.0 (623.4) (173.1)  
Insurance recoveries, net of deductible charges 0.0 0.1 3.0  
Non-operating items of equity method investments (7.7) (4.7) (3.7)  
Interest expense, net (561.7) (543.2) (534.2)  
Loss on early extinguishment of debt 0.0 (1.2) 0.0  
Other (42.3) 93.1 20.0  
Income (loss) before income taxes 539.1 (834.2) 86.1  
Income tax benefit (expense) (118.6) 165.1 (43.0)  
Net income (loss) 420.5 (669.1) 43.1  
Capital expenditures:        
Capital expenditures 244.1 137.0 190.6  
Assets:        
Investment in and advances to unconsolidated affiliates 255.1 266.8 128.3  
Total assets 16,872.1 14,667.3 14,194.5  
Sam Houston Race Park and Valley Race Park        
Adjusted EBITDAR:        
Business acquisition, percentage of voting interests acquired       50.00%
Operating segments | Northeast segment        
Revenues:        
Total 2,552.4 1,639.3 2,399.9  
Adjusted EBITDAR:        
Adjusted EBITDAR 848.4 478.9 720.8  
Capital expenditures:        
Capital expenditures 144.8 78.0 96.2  
Assets:        
Investment in and advances to unconsolidated affiliates 0.1 0.1 0.1  
Total assets 2,283.6 1,958.4 2,273.7  
Operating segments | South segment        
Revenues:        
Total 1,322.2 849.6 1,118.9  
Adjusted EBITDAR:        
Adjusted EBITDAR 587.0 318.9 369.8  
Capital expenditures:        
Capital expenditures 39.0 15.8 29.8  
Assets:        
Investment in and advances to unconsolidated affiliates 0.0 0.0 0.0  
Total assets 1,224.6 1,165.4 1,397.0  
Operating segments | West segment        
Revenues:        
Total 521.4 302.5 642.5  
Adjusted EBITDAR:        
Adjusted EBITDAR 195.0 82.2 198.8  
Capital expenditures:        
Capital expenditures 8.5 8.2 21.2  
Assets:        
Investment in and advances to unconsolidated affiliates 0.0 0.0 0.0  
Total assets 394.8 401.5 752.1  
Operating segments | Midwest segment        
Revenues:        
Total 1,102.7 681.4 1,094.5  
Adjusted EBITDAR:        
Adjusted EBITDAR 500.1 258.3 403.6  
Capital expenditures:        
Capital expenditures 19.8 15.1 32.7  
Assets:        
Investment in and advances to unconsolidated affiliates 83.8 85.2 90.9  
Total assets 1,215.8 1,161.1 1,412.2  
Operating segments | Interactive        
Revenues:        
Total 432.9 121.1 38.3  
Adjusted EBITDAR:        
Adjusted EBITDAR (35.4) 37.2 11.6  
Capital expenditures:        
Capital expenditures 6.3 9.1 0.0  
Assets:        
Investment in and advances to unconsolidated affiliates 164.4 149.3 1.9  
Total assets 2,618.3 434.1 124.1  
Other        
Revenues:        
Total 10.6 3.9 9.2  
Adjusted EBITDAR:        
Adjusted EBITDAR (100.7) (80.7) (99.4)  
Capital expenditures:        
Capital expenditures 25.7 10.8 10.7  
Assets:        
Investment in and advances to unconsolidated affiliates 6.8 32.2 35.4  
Total assets 9,135.0 9,546.8 8,235.4  
Intersegment eliminations        
Revenues:        
Total $ (37.2) $ (19.1) $ (1.9)