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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Accounts Receivable
Accounts receivable, net consists of the following:
December 31,
(in thousands)20242023
Accounts due from Rhode Island and Delaware(1)
$14,135 $13,028 
Gaming receivables20,700 26,127 
Non-gaming receivables27,803 37,221 
Accounts receivable62,638 76,376 
Less: Allowance for credit losses(7,152)(6,048)
Accounts receivable, net$55,486 $70,328 
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(1)    Represents the Company’s share of revenue due from the State of Rhode Island and State of Delaware.
Schedule of Allowance for Doubtful Accounts Activity for the allowance for credit losses is as follows:
December 31,
(in thousands)202420232022
Balance at beginning of year$6,048 $5,789 $4,454 
Charges to expense1,990 1,250 1,649 
Deductions(886)(991)(602)
Other adjustments— — 288 
Balance at end of year$7,152 $6,048 $5,789 
Property and Equipment Depreciation is recorded using the straight-line method over the estimated useful lives of the assets or the related lease term, if any, as follows:
Years
Land improvements
10-20
Building and improvements
2-50
Equipment
2-10
Furniture and fixtures
2-10
As of December 31, 2024 and 2023, property and equipment, net was comprised of the following:
 December 31,
(in thousands)20242023
Land and improvements
$49,553 $401,208 
Building and improvements370,086 673,071 
Equipment280,946 264,398 
Furniture and fixtures64,109 68,746 
Construction in process149,906 73,810 
Total property, plant and equipment914,600 1,481,233 
Less: Accumulated depreciation(1)
(283,898)(306,345)
Property and equipment, net$630,702 $1,174,888 
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(1)    Depreciation expense on property and equipment for the years ended December 31, 2024, 2023 and 2022 was $158.0 million, $118.7 million and $71.7 million, respectively.