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Other Intangible Assets
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Other Intangible Assets
6. OTHER INTANGIBLE ASSETS
Other intangible assets, net is comprised of the following:
December 31, 2024December 31, 2023
(in millions)Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Definite-lived intangible assets:
Customer relationships$25.9 $(6.4)$19.5 $26.0 $(3.9)$22.1 
Technology asset23.9 (4.6)19.3 23.9 (2.0)21.9 
Gaming licenses6.4 (4.7)1.7 6.9 (3.2)3.7 
Other39.7 (18.5)21.2 40.7 (17.3)23.4 
$95.9 $(34.2)$61.7 $97.5 $(26.4)$71.1 
Indefinite-lived intangible assets:
Trademarks121.5 121.5 
Gaming rights2,225.8 2,225.8 
Total$2,409.0 $2,418.4 
Indefinite-lived intangible assets consist primarily of trademarks and state gaming rights in Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Mississippi, New Hampshire, New York, and Virginia.
Amortization expense for definite-lived intangible assets was $11.1 million in 2024, $7.2 million in 2023, and $4.7 million in 2022, and is classified in operating expense in the accompanying Consolidated Statements of Comprehensive Income.
Refer to Note 7, Asset Impairments, for information regarding intangible asset impairments recognized during 2023.
We performed our annual indefinite-lived intangible assets impairment analysis as of April 1, 2024, which included an assessment of qualitative and quantitative factors to determine whether it is more likely than not that the fair values of the indefinite-lived intangible assets are less than the carrying amount. We concluded that the fair values of our indefinite-lived intangible assets exceeded their carrying value.
Future estimated aggregate amortization expense on existing definite-lived intangible assets for each of the next five fiscal years is as follows (in millions):
Years Ended December 31,Estimated Amortization Expense
2025$8.1 
20267.7 
20277.4 
20287.3 
20297.2