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Revenue Recognition
12 Months Ended
Dec. 31, 2021
Revenue Recognition [Abstract]  
Revenue Recognition 8.  REVENUE RECOGNITION The Company derives revenue and other income from contracts with customers and financial instruments. A breakout of the Company’s derived revenue and other income is presented in the table below. For the year ended December 31, Amounts in thousands 2021 2020 2019Revenue from contracts with customers $388,506 $304,268 $218,227Interest income 174 6 21Cost recovery income 655 158 417Dividend income — — 18Century Casino Calgary sale earn out revenue 51 — —Total revenue $389,386 $304,432 $218,683 The Company operates gaming establishments as well as related lodging, restaurant, horse racing (including off-track betting), sports betting, iGaming, and entertainment facilities around the world. The Company generates revenue at its properties by providing the following types of products and services: gaming, pari-mutuel and sports betting, iGaming, hotel, food and beverage, and other. Disaggregation of the Company’s revenue from contracts with customers by type of revenue and geographical location is presented in the tables below. For the year ended December 31, 2021Amounts in thousands United States Canada Poland Corporate and Other TotalGaming$249,397 $25,604 $56,724 $152 $331,877Pari-mutuel, sports betting and iGaming 8,492 10,356 — — 18,848Hotel 8,241 45 — — 8,286Food and beverage 11,761 5,606 421 — 17,788Other 5,394 4,817 1,081 415 11,707Net operating revenue$283,285 $46,428 $58,226 $567 $388,506 For the year ended December 31, 2020Amounts in thousands United States Canada Poland Corporate and Other TotalGaming$168,904 $30,319 $53,228 $830 $253,281Pari-mutuel, sports betting and iGaming 7,502 10,158 — — 17,660Hotel 5,826 84 — — 5,910Food and beverage 9,795 5,832 462 105 16,194Other 6,317 3,847 581 478 11,223Net operating revenue$198,344 $50,240 $54,271 $1,413 $304,268 For the year ended December 31, 2019Amounts in thousands United States Canada Poland Corporate and Other TotalGaming$42,285 $49,450 $80,829 $4,302 $176,866Pari-mutuel, sports betting and iGaming 58 10,725 — — 10,783Hotel 2,030 491 — — 2,521Food and beverage 4,804 13,507 912 799 20,022Other 821 6,477 153 584 8,035Net operating revenue$49,998 $80,650 $81,894 $5,685 $218,227 For the majority of the Company’s contracts with customers, payment is made in advance of the services and contracts are settled on the same day the sale occurs with revenue recognized on the date of the sale. For contracts that are not settled, a contract liability is created. The expected duration of the performance obligation is less than one year. The amount of revenue recognized that was included in the opening contract liability balance was $0.6 million for each of the years ended December 31, 2021 and 2020. This revenue consisted primarily of the Company’s deferred gaming revenue from player points earned through play at the Company’s casinos located in the United States. Activity in the Company’s receivables and contract liabilities is presented in the table below. For the year For the year ended December 31, 2021 ended December 31, 2020Amounts in thousands Receivables Contract Liabilities Receivables Contract LiabilitiesOpening $1,103 $2,200 $326 $663Closing 1,269 2,986 1,103 2,200Increase/(decrease) $166 $786 $777 $1,537 Receivables are included in accounts receivable and contract liabilities are included in accrued liabilities on the Company’s consolidated balance sheets. In March 2020, the Company wrote-down its receivables related to MCE based on assessments made due to COVID-19 and future cash flows of MCE, and as a result, charged $0.3 million to general and administrative expenses during the year ended December 31, 2020. Substantially all of the Company’s contracts and contract liabilities have an original duration of one year or less. The Company applies the practical expedient for such contracts and does not consider the effects of the time value of money. Further, because of the short duration of these contracts, the Company has not disclosed the transaction price for the remaining performance obligations as of the end of each reporting period or when the Company expects to recognize this revenue.