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Insurance Deductibles
6 Months Ended
Jun. 30, 2013
Insurance Deductibles  
Insurance Deductibles

14.  Insurance Deductibles

 

Hollywood Casino St. Louis Tornado

 

On May 31, 2013, Hollywood Casino St. Louis sustained minor damage as a result of a tornado and was forced to close for approximately fourteen hours.  At the time of the tornado, the Company carried property insurance coverage with a limit of $600 million for both property damage and business interruption applicable to this event. This coverage included a $2.5 million property damage deductible and two days of business interruption deductible for the peril of a tornado.  During the three months ended June 30, 2013, the Company recorded a $2.5 million pre-tax loss for the property damage insurance deductible.