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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUES:        
Net revenues $ 487,253 $ 472,878 $ 1,384,247 $ 1,050,897
EXPENSES:        
Other 9,315 9,632 25,030 22,702
Marketing and promotions 23,122 26,439 66,255 58,099
General and administrative 75,599 75,650 223,546 168,339
Corporate 9,217 7,718 33,018 21,734
Impairment charges 3,787   13,602  
Depreciation and amortization 35,760 29,122 99,204 69,635
Total operating expenses 396,220 389,273 1,155,318 896,316
(Loss) gain on sale or disposal of property and equipment (110) 4 (393) (51)
Proceeds from terminated sale 5,000   5,000  
Transaction expenses (4,091) (2,094) (10,043) (89,172)
Equity in loss of unconsolidated affiliates (63) (23) (116) (305)
Operating (loss) income 91,769 81,492 223,377 65,053
OTHER EXPENSE:        
Interest expense, net (34,085) (29,183) (96,579) (69,380)
Loss on early retirement of debt, net   (10,030) (162) (37,347)
Total other expense (34,085) (39,213) (96,741) (106,727)
Net income (loss) before income taxes 57,684 42,279 126,636 (41,674)
(Provision) benefit for income taxes (19,980) (12,592) (31,281) 26,116
Net income (loss) $ 37,704 $ 29,687 $ 95,355 $ (15,558)
Net income (loss) per share of common stock:        
Basic $ 0.49 $ 0.39 $ 1.23 $ (0.24)
Diluted $ 0.48 $ 0.38 $ 1.22 $ (0.24)
Weighted average number of shares outstanding:        
Weighted average basic shares outstanding 77,522,664 76,902,070 77,445,611 63,821,705
Weighted average diluted shares outstanding 78,283,588 77,959,689 78,208,040 63,821,705
Casino        
REVENUES:        
Net revenues $ 362,877 $ 347,537 $ 1,046,010 $ 764,684
EXPENSES:        
Cost of goods and services 175,333 169,322 506,536 389,010
Pari-mutuel Commissions        
REVENUES:        
Net revenues 5,292 5,111 14,407 9,859
EXPENSES:        
Cost of goods and services 4,729 4,657 13,022 9,894
Food and Beverage        
REVENUES:        
Net revenues 58,153 59,537 164,644 141,667
EXPENSES:        
Cost of goods and services 45,381 51,220 134,927 120,041
Hotel        
REVENUES:        
Net revenues 44,780 45,962 114,447 99,545
EXPENSES:        
Cost of goods and services 13,977 15,513 40,178 36,862
Other        
REVENUES:        
Net revenues $ 16,151 $ 14,731 $ 44,739 $ 35,142