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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Casino $ 156,357 $ 63,457 $ 460,807 $ 156,280
Pari-mutuel commissions 3,781 446 8,042 446
Food and beverage 24,040 15,972 69,717 45,348
Hotel 9,193 7,555 24,671 20,747
Other 6,165 3,098 17,464 7,515
Revenues Gross 199,536 90,528 580,701 230,336
Less - promotional allowances (15,996) (11,579) (47,077) (32,608)
Net operating revenues 183,540 78,949 533,624 197,728
Expenses:        
Casino 90,398 34,596 268,282 83,877
Pari-mutuel commissions 3,625 520 8,414 520
Food and beverage 12,461 8,462 36,384 22,889
Hotel 2,340 2,109 6,843 5,969
Other 4,079 2,324 10,513 5,747
Marketing and promotions 7,816 5,262 22,321 14,148
General and administrative 26,937 14,387 81,595 36,016
Depreciation and amortization 13,954 5,283 42,454 13,557
Total operating expenses 161,610 72,943 476,806 182,723
Loss on sale or disposal of property (6) (3) (2) (3)
Acquisition charges (380) (4,463) (717) (6,916)
Equity in income of unconsolidated affiliates 2,548 1,238 3,136 3,019
Operating income 24,092 2,778 59,235 11,105
Other Income (Expense):        
Loss on early retirement of debt (1,790)   (1,790)  
Interest expense, net (14,482) (5,647) (48,946) (13,398)
Total other expense (16,272) (5,647) (50,736) (13,398)
Net income (loss) before income taxes 7,820 (2,869) 8,499 (2,293)
Provision for income taxes (2,421) (1,195) (4,469) (1,195)
Net income (loss) $ 5,399 $ (4,064) $ 4,030 $ (3,488)
Net income (loss) per share of common stock:        
Basic $ 0.12 $ (0.16) $ 0.09 $ (0.14)
Diluted $ 0.12 $ (0.16) $ 0.09 $ (0.14)
Weighted average number of shares outstanding:        
Basic (in shares) 46,516,614 26,075,022 46,509,369 24,242,791
Diluted (in shares) 46,763,589 26,075,022 46,620,959 24,242,791