XML 102 R41.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Intangible Assets, Net and Other Long Term Assets (Tables)
12 Months Ended
Dec. 31, 2019
Other And Intangible Assets Net Disclosure [Abstract]  
Schedule of Intangible Assets, Net

Intangible assets, net, include the following amounts (in thousands):

 

 

 

December 31,

 

 

 

 

 

2019

 

 

2018

 

 

Useful Life

Goodwill

 

$

 

909,717

 

 

$

 

1,008,316

 

 

Indefinite

 

 

 

 

 

 

 

 

 

 

 

 

 

Gaming licenses

 

$

 

893,302

 

 

$

 

1,090,682

 

 

Indefinite

Trade names

 

 

 

165,479

 

 

 

 

187,929

 

 

Indefinite

Player loyalty programs

 

 

 

100,694

 

 

 

 

105,005

 

 

3 - 4 years

Subtotal

 

 

 

1,159,475

 

 

 

 

1,383,616

 

 

 

Accumulated amortization player loyalty programs

 

 

 

(48,077

)

 

 

 

(21,610

)

 

 

Total gaming licenses and other intangible assets, net

 

$

 

1,111,398

 

 

$

 

1,362,006

 

 

 

Schedule of Change in Goodwill

The following table presents changes to goodwill for the years ended December 31, 2019 and 2018 (in thousands):

 

 

 

 

 

Goodwill

 

 

Accumulated Impairment

 

 

Goodwill, net

 

January 1, 2018

$

 

782,022

 

 

$

 

(34,916

)

 

$

 

747,106

 

Acquisitions

 

 

280,256

 

 

 

 

 

 

 

 

280,256

 

Finalization of purchase price accounting

 

 

(6,109

)

 

 

 

 

 

 

 

(6,109

)

Assets held for sale

 

 

(3,122

)

 

 

 

 

 

 

 

(3,122

)

Impairments

 

 

 

 

 

 

(9,815

)

 

 

 

(9,815

)

December 31, 2018

 

 

1,053,047

 

 

 

 

(44,731

)

 

 

 

1,008,316

 

Divestitures

 

 

(40,920

)

 

 

 

 

 

 

 

(40,920

)

Finalization of purchase price accounting

 

 

(9,250

)

 

 

 

 

 

 

 

(9,250

)

Assets held for sale

 

 

(48,429

)

 

 

 

 

 

 

 

(48,429

)

December 31, 2019

$

 

954,448

 

 

$

 

(44,731

)

 

$

 

909,717

 

Schedule of Other Assets, Net

Other assets, net, include the following amounts (in thousands):

 

 

 

 

December 31,

 

 

2019

 

 

2018

 

 

CRDA bonds and deposits

 

$

 

4,946

 

 

$

 

6,694

 

 

Unamortized debt issuance costs - Revolving

   Credit Facility

 

 

 

7,352

 

 

 

 

9,533

 

 

Non-operating real property

 

 

 

1,961

 

 

 

 

17,880

 

 

Long-term prepaid rent

 

 

 

-

 

 

 

 

20,198

 

 

Restricted cash and investments

 

 

 

39,102

 

 

 

 

15,064

 

 

Long-term receivables

 

 

 

14,258

 

 

 

 

2,022

 

 

Other

 

 

 

8,605

 

 

 

 

12,055

 

 

            Total other assets, net

 

$

 

76,224

 

 

$

 

83,446