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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities    
Net income $ 191,732 $ 198,320
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 172,527 159,583
Amortization of items charged to interest expense 4,904 7,964
Gain on sale of fixed assets (1,206) (89)
Gain from unconsolidated affiliates (3,546) (15,370)
Distributions of earnings from unconsolidated affiliates 8,500  
Loss on early extinguishment of debt   12,212
Deferred income taxes 4,447 24,946
Charge for stock-based compensation 22,195 18,456
(Increase) decrease, net of businesses acquired    
Accounts receivable (3,754) 6,522
Insurance receivable 1,072 (955)
Prepaid expenses and other current assets 12,002 3,212
Other assets (7,714) (1,646)
(Decrease) increase, net of businesses acquired    
Accounts payable (2,269) 3,599
Accrued expenses (5,111) (3,229)
Accrued interest (6,538) (11,496)
Accrued salaries and wages 2,876 (3,455)
Gaming, pari-mutuel, property and other taxes 9,921 4,367
Income taxes (56,533) 34,700
Other current and noncurrent liabilities 7,525 2,493
Other noncurrent tax liabilities (13,270) (2,062)
Net cash provided by operating activities 337,760 438,072
Investing activities    
Expenditures for property and equipment, net of reimbursements (364,952) (203,509)
Proceeds from sale of property and equipment 3,144 11,643
Insurance proceeds related to damaged property and equipment   3,862
Investment in joint ventures, net of proceeds received (39,600) (74,198)
Decrease in cash in escrow 15,800 29,900
Acquisitions of businesses and gaming licenses, net of cash acquired (105,016) 9,585
Net cash used in investing activities (490,624) (222,717)
Financing activities    
Proceeds from exercise of options 9,692 10,265
Repurchase of common stock   (27,036)
Proceeds from issuance of long-term debt, net of issuance costs 256,984 1,651,610
Principal payments on long-term debt (133,950) (1,881,872)
Increase in other long-term obligations 10,000  
Proceeds from insurance financing   892
Payments on insurance financing (13,802) (10,095)
Tax benefit from stock options exercised 2,932 2,317
Net cash provided by (used in) financing activities 131,856 (253,919)
Net decrease in cash and cash equivalents (21,008) (38,564)
Cash and cash equivalents at beginning of year 238,440 246,385
Cash and cash equivalents at end of period 217,432 207,821
Supplemental disclosure    
Cash paid for interest 65,460 85,381
Cash paid for income taxes $ 186,436 $ 70,386