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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Gross revenues $ 59,948 $ 20,332 $ 142,606 $ 53,740
Less: Promotional allowances 0 (1,619) 0 (3,072)
Net revenues 59,948 18,713 142,606 50,668
Operating costs and expenses:        
Selling, general and administrative 19,754 4,730 44,787 14,158
Development Projects 452 5,196 12,084 13,881
Amortization of gaming license 1,577 0 4,206 0
Depreciation 7,864 390 20,325 1,115
Total operating costs and expenses 77,838 25,557 201,781 70,698
Loss from operations (17,890) (6,844) (59,175) (20,030)
Interest expense (15,932) (4,833) (33,385) (16,546)
Interest income 106 805 635 2,337
Loss before income taxes (33,716) (10,872) (91,925) (34,239)
Income tax provision 0 0 0 0
Net loss (33,716) (10,872) (91,925) (34,239)
Unrealized income (loss) on Interest Rate Cap 39 (99) 226 (489)
Dividends on Preferred Stock (32) (32) (96) (96)
Net loss applicable to common stockholders $ (33,748) $ (10,904) $ (92,021) $ (34,335)
Weighted average common shares outstanding, basic (shares) 32,689 30,973 32,653 30,975
Weighted average common shares outstanding, diluted (shares) 32,689 30,973 32,653 30,975
Loss per common share, basic (usd per share) $ (1.03) $ (0.35) $ (2.82) $ (1.11)
Loss per common share, diluted (usd per share) $ (1.03) $ (0.35) $ (2.82) $ (1.11)
Comprehensive loss $ (33,677) $ (10,971) $ (91,699) $ (34,728)
Gaming        
Revenues:        
Gross revenues 47,381 17,833 115,706 46,956
Operating costs and expenses:        
Cost of goods and services sold 35,737 12,739 91,547 34,384
Racing        
Revenues:        
Gross revenues 1,368 1,438 3,926 4,161
Operating costs and expenses:        
Cost of goods and services sold 2,223 1,312 5,948 3,771
Food and beverage        
Revenues:        
Gross revenues 6,452 794 13,593 1,892
Operating costs and expenses:        
Cost of goods and services sold 7,526 1,136 17,108 3,174
Room        
Revenues:        
Gross revenues 2,826 0 5,285 0
Operating costs and expenses:        
Cost of goods and services sold 2,662 0 5,622 0
Other        
Revenues:        
Gross revenues 1,921 267 4,096 731
Operating costs and expenses:        
Other $ 43 $ 54 $ 154 $ 215