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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES:      
Casino $ 1,228,540 $ 693,013 $ 614,227
Pari-mutuel commissions 14,134 8,600 9,031
Food and beverage 193,260 142,032 97,740
Hotel 119,095 94,312 37,466
Other 51,560 45,239 26,077
Gross revenues 1,606,589 983,196 784,541
Less-promotional allowances (133,085) (90,300) (64,757)
Net operating revenues 1,473,504 892,896 719,784
EXPENSES:      
Casino 638,362 390,325 357,572
Pari-mutuel commissions 13,509 9,787 9,973
Food and beverage 94,723 81,878 52,606
Hotel 34,282 30,746 11,307
Other 26,030 26,921 15,325
Marketing and promotions 82,525 40,600 31,227
General and administrative 241,095 130,172 96,870
Corporate 30,739 19,880 16,469
Impairment charges 38,016    
Depreciation and amortization 105,891 63,449 56,921
Total operating expenses 1,305,172 793,758 648,270
LOSS ON SALE OR DISPOSAL OF PROPERTY AND EQUIPMENT (319) (836) (6)
PROCEEDS FROM TERMINATED SALE 20,000    
TRANSACTION EXPENSES (92,777) (9,184) (2,452)
EQUITY IN (LOSS) INCOME OF UNCONSOLIDATED AFFILIATES (367)   3,460
OPERATING INCOME 94,869 89,118 72,516
OTHER INCOME (EXPENSE):      
Interest expense, net (99,769) (50,917) (61,558)
Gain on valuation of unconsolidated affiliate     35,582
Loss on early retirement of debt, net (38,430) (155) (1,937)
Total other expense (138,199) (51,072) (27,913)
NET (LOSS) INCOME BEFORE INCOME TAXES (43,330) 38,046 44,603
BENEFIT (PROVISION) FOR INCOME TAXES 117,270 (13,244) 69,580
NET INCOME $ 73,940 $ 24,802 $ 114,183
Net Income per share of Common Stock:      
Basic $ 1.10 $ 0.53 $ 2.45
Diluted $ 1.09 $ 0.52 $ 2.43
Weighted average number of shares outstanding:      
Weighted Average Basic Shares Outstanding 67,133,531 47,033,311 46,550,042
Weighted Average Diluted Shares Outstanding 68,102,814 47,701,562 47,008,980