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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Net revenues $ 2,528,249 $ 2,056,007 $ 1,480,798
EXPENSES:      
Other 45,938 38,676 32,156
Marketing and promotions 129,373 106,161 83,174
General and administrative 476,751 349,598 241,037
Corporate 65,996 46,632 30,739
Impairment charges 958 13,602 38,016
Depreciation and amortization 221,525 157,429 105,891
Total operating expenses 2,080,752 1,729,014 1,312,525
Gain (loss) on sale of businesses and disposal of property and equipment 49,575 (835) (319)
Proceeds from terminated sales   5,000 20,000
Transaction expenses (84,658) (20,842) (92,777)
Loss from unconsolidated affiliates (2,441) (213) (367)
Operating (loss) income 409,973 310,103 94,810
OTHER EXPENSE:      
Interest expense, net (286,248) (171,732) (99,769)
Loss on early retirement of debt, net (7,512) (162) (38,430)
Unrealized gain (loss) on restricted investment 8,765 (2,587)  
Total other expense (284,995) (174,481) (138,199)
Net income (loss) before income taxes 124,978 135,622 (43,389)
(Provision) benefit for income taxes (43,977) (40,387) 116,769
Net income $ 81,001 $ 95,235 $ 73,380
Net income per share of common stock:      
Basic $ 1.04 $ 1.23 $ 1.09
Diluted $ 1.03 $ 1.22 $ 1.08
Weighted average number of shares outstanding:      
Weighted average basic shares outstanding 77,677,265 77,458,902 67,133,531
Weighted average diluted shares outstanding 78,593,819 78,282,101 68,102,814
Casino and pari-mutuel Commissions      
REVENUES:      
Net revenues $ 1,808,186 $ 1,553,378 $ 1,099,027
EXPENSES:      
Cost of goods and services 802,327 749,289 561,089
Food and Beverage      
REVENUES:      
Net revenues 301,417 247,339 198,246
Net revenues 301,417 247,339 198,246
EXPENSES:      
Cost of goods and services 238,661 202,618 169,848
Hotel      
REVENUES:      
Net revenues 299,908 183,804 133,338
Net revenues 299,908 183,804 133,338
EXPENSES:      
Cost of goods and services 99,223 65,009 50,575
Other      
REVENUES:      
Net revenues 118,738 71,486 50,187
Net revenues $ 118,738 $ 71,486 $ 50,187