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Acquisition (Tables)
 12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Summary of Assets Acquired and Liabilities Assumed
The following table summarizes the final fair values of the assets acquired and liabilities assumed, net of cash acquired of $13.1 million, at the date of the acquisition.
 
 
(in millions)
Total
Current assets
$
1.9

Property and equipment
57.4

Goodwill
20.4

Intangible assets
95.4

Current liabilities
(5.2
)
Debt
(54.7
)
 
$
115.2
Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The final fair value of the intangible assets consisted of the following:
(in millions)
Fair Value Recognized
 
Weighted-Average Useful Life
Gaming rights
$
87.0

 
N/A
Trademark
8.3

 
N/A
Other
0.1

 
1.3 years
Total intangible assets
$
95.4

 
 
Schedule of Indefinite-lived Intangible Assets Acquired as Part of Business Combination
The final fair value of the intangible assets consisted of the following:
(in millions)
Fair Value Recognized
 
Weighted-Average Useful Life
Gaming rights
$
87.0

 
N/A
Trademark
8.3

 
N/A
Other
0.1

 
1.3 years
Total intangible assets
$
95.4

 
 
Business Acquisition, Pro Forma Information
The following unaudited pro forma consolidated financial information for the Company has been prepared assuming the Company's acquisition of Presque Isle occurred as of January 1, 2016. The unaudited pro forma financial information is not necessarily indicative of either future results of operations or results of operations that might have been achieved had the acquisition been consummated as of January 1, 2016. The unaudited pro forma net income giving effect to the Presque Isle Transaction was not materially different than our historical net income.
 
Years Ended December 31,
(in millions)
2018
 
2017
 
2016
Net revenue
$
1,150.8

 
$
1,020.5

 
$
964.5

The unaudited pro forma financial information is not necessarily indicative of either future results of operations or results of operations that might have been achieved had the acquisition been consummated as of January 1, 2016. The unaudited pro forma net income giving effect to the Ocean Downs/Saratoga Transaction was not materially different than our historical net income.
 
Years Ended December 31,
(in millions)
2018
 
2017
 
2016
Net revenue
$
1,065.4

 
$
947.2

 
$
884.8