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Investment in and Advances to Unconsolidated Affiliates (Tables)
 3 Months Ended
Mar. 31, 2017
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Affiliate Balance Sheet [Table Text Block]
(in millions)
March 31, 2017
 
December 31, 2016
Assets
 
 
 
Current assets
$
18.6

 
$
18.7

Property and equipment, net
107.3

 
109.8

Other assets, net
105.0

 
105.0

Total assets
$
230.9

 
$
233.5

 
 
 
 
Liabilities and Members' Equity
 
 
 
Current liabilities
$
10.6

 
$
12.5

Current portion of long-term debt
8.3

 
8.3

Long-term debt, excluding current portion
12.3

 
14.0

Other liabilities
0.1

 
0.1

Members' equity
199.6

 
198.6

Total liabilities and members' equity
$
230.9

 
$
233.5
Affiliate Income Statement [Table Text Block]
 
Three Months Ended March 31,
(in millions)
2017
 
2016
Casino revenue
$
39.3

 
$
36.0

Non-casino revenue
2.1

 
2.0

Net revenue
41.4

 
38.0

Operating and SG&A expense
28.6

 
26.8

Depreciation & amortization
3.1

 
3.2

Operating income
9.7

 
8.0

Interest and other expense, net
(0.7
)
 
(0.9
)
Net income
$
9.0

 
$
7.1
Investments in and Advances to Affiliates [Table Text Block]
Our Condensed Consolidated Statements of Comprehensive Income include our 50% share of MVG's results as follows:
 
Three Months Ended March 31,
(in millions)
2017
 
2016
Equity in income of unconsolidated investments
$
4.5

 
$
3.6


Saratoga
On October 2, 2015, we completed the acquisition of a 25% equity investment in Saratoga Casino Holdings LLC ("SCH") which owns Saratoga Casino and Raceway ("Saratoga's New York facility") in Saratoga Springs, New York, for $24.5 million from Saratoga Harness Racing, Inc. ("SHRI"). Saratoga's New York facility has a casino with approximately 1,700 VLTs, a 1/2-mile harness racetrack with a racing simulcast center, a 117-room hotel, dining facilities and a 3,000 square-foot multi-functional event space. Saratoga's New York facility has a 50% interest in a joint venture with DNC to manage the Gideon Putnam Hotel and Resort. We signed a five-year management agreement with SCH to manage Saratoga's New York facility for which we receive management fee revenue.
On November 21, 2016, we completed the acquisition of a 25% equity investment in Saratoga Casino Black Hawk in Black Hawk, Colorado ("Saratoga's Colorado facility") for $6.5 million from SHRI. Saratoga's Colorado facility has a casino with approximately 500 slot machines, seven table games, three lounges and two dining facilities.
Ocean Downs
In August 2016, we signed a limited liability company operating agreement with SCH, with each entity having a 50% interest, and formed Old Bay Gaming and Racing LLC ("Old Bay"). The Old Bay agreement provides both the Company and SCH equal participating rights, and both entities must consent to Old Bay's operating, investing and financing decisions.
On January 3, 2017, Old Bay acquired all of the equity interests of Ocean Enterprise 589 LLC, Ocean Downs LLC and Racing Services LLC (collectively, "Ocean Downs"). The Company's portion of the initial equity investment in Ocean Downs was $24.0 million. Ocean Downs, located near Ocean City, Maryland, owns and operates VLTs at the Casino at Oceans Downs and conducts harness racing at Ocean Downs Racetrack. The Company's 25% interest in SCH provides an additional 12.5% interest, resulting in an effective 62.5% interest in Ocean Downs. Since both the Company and SCH have participating rights and both must consent to Old Bay's operating, investing and financing decisions, the Company accounts for Ocean Downs using the equity method of accounting.