Goodwill

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

GOODWILL

Goodwill, by segment, is comprised of the following:

(in millions)	Live and Historical		TwinSpires		Gaming		All Other		Total
Balance, December 31, 2020	$	52.4	$	152.2	$	161.2	$	1.0	$	366.8
Adjustments	—		—		—		—		—
Balance, December 31, 2021	52.4		152.2		161.2		1.0		366.8
Additions	227.9		—		129.1		—		357.0
Balance, December 31, 2022	$	280.3	$	152.2	$	290.3	$	1.0	$	723.8

In 2022, we established goodwill of $9.2 million related to the Ellis Park Transaction and $347.8 million related to the P2E Transaction. Refer to Note 3 - Acquisitions for more information on the Ellis Park and P2E Transactions.

We performed our annual goodwill impairment analysis as of April 1, 2022. We assessed goodwill for impairment by performing qualitative or quantitative analyses for each reporting unit. Based on the results of these analyses, no goodwill impairments were identified in connection with our annual impairment testing.