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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
A reconciliation of goodwill and accumulated goodwill impairment losses, by reportable segment, is as follows:
(in millions)NortheastSouthWestMidwestInteractiveOtherTotal
Balance as of January 1, 2023
Goodwill, gross$923.5 $236.6 $216.8 $1,116.7 $1,628.4 $87.7 $4,209.7 
Accumulated goodwill impairment losses(798.8)(61.0)(16.6)(556.1)— (87.7)(1,520.2)
Goodwill, net$124.7 $175.6 $200.2 $560.6 $1,628.4 $— $2,689.5 
Goodwill acquired during year— — — — 231.9 — 231.9 
Goodwill disposed of during the year— — — — (231.9)— (231.9)
Effect of foreign currency exchange rates— — — — 35.6 — 35.6 
Impairment losses during year(30.0)— — — — — (30.0)
Balance as of December 31, 2023
Goodwill, gross$923.5 $236.6 $216.8 $1,116.7 $1,664.0 $87.7 $4,245.3 
Accumulated goodwill impairment losses(828.8)(61.0)(16.6)(556.1)— (87.7)(1,550.2)
Goodwill, net$94.7 $175.6 $200.2 $560.6 $1,664.0 $— $2,695.1 
Effect of foreign currency exchange rates— — — — (119.7)— (119.7)
Impairment losses during year— (6.1)— (6.2)— — (12.3)
Balance as of December 31, 2024
Goodwill, gross$923.5 $236.6 $216.8 $1,116.7 $1,544.3 $87.7 $4,125.6 
Accumulated goodwill impairment losses(828.8)(67.1)(16.6)(562.3)— (87.7)(1,562.5)
Goodwill, net$94.7 $169.5 $200.2 $554.4 $1,544.3 $— $2,563.1 
For the year ended December 31,
202420232022
(in millions)GoodwillGaming LicensesTrademarksGoodwillGaming LicensesGoodwillGaming Licenses
Segment:
Northeast— 66.0 1.0 30.0 100.6 37.4 79.0 
South6.1 3.3 6.5 — — — — 
Midwest6.2 — — — — — — 
Total:$12.3 $69.3 $7.5 $30.0 $100.6 $37.4 $79.0 
As of October 1, 2024, the date of the most recent annual impairment test, four reporting units had negative carrying amounts. The amount of goodwill at these reporting units was as follows (in millions):
Northeast segment
Plainridge Park Casino$6.3 
South segment
Ameristar Vicksburg$19.5 
West segment
Cactus Petes and Horseshu$10.2 
Midwest segment
Ameristar Council Bluffs$36.2 
Schedule of Impaired Intangible Assets
For the year ended December 31,
202420232022
(in millions)GoodwillGaming LicensesTrademarksGoodwillGaming LicensesGoodwillGaming Licenses
Segment:
Northeast— 66.0 1.0 30.0 100.6 37.4 79.0 
South6.1 3.3 6.5 — — — — 
Midwest6.2 — — — — — — 
Total:$12.3 $69.3 $7.5 $30.0 $100.6 $37.4 $79.0 
Schedule of Indefinite-Lived Intangible Assets
The table below presents the gross carrying amount, accumulated amortization, and net carrying amount of each major class of other intangible assets:
December 31, 2024December 31, 2023
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Indefinite-lived intangible assets
Gaming licenses$1,064.9 $— $1,064.9 $1,107.2 $— $1,107.2 
Trademarks319.5 — 319.5 334.4 — 334.4 
Other0.6 — 0.6 0.7 — 0.7 
Amortizing intangible assets
Customer relationships111.6 (106.6)5.0 112.1 (103.7)8.4 
Technology303.0 (184.9)118.1 286.0 (132.3)153.7 
Other40.1 (18.3)21.8 29.0 (15.2)13.8 
Total other intangible assets, net$1,839.7 $(309.8)$1,529.9 $1,869.4 $(251.2)$1,618.2 
Schedule of Finite-Lived Intangible Assets
The table below presents the gross carrying amount, accumulated amortization, and net carrying amount of each major class of other intangible assets:
December 31, 2024December 31, 2023
(in millions)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Indefinite-lived intangible assets
Gaming licenses$1,064.9 $— $1,064.9 $1,107.2 $— $1,107.2 
Trademarks319.5 — 319.5 334.4 — 334.4 
Other0.6 — 0.6 0.7 — 0.7 
Amortizing intangible assets
Customer relationships111.6 (106.6)5.0 112.1 (103.7)8.4 
Technology303.0 (184.9)118.1 286.0 (132.3)153.7 
Other40.1 (18.3)21.8 29.0 (15.2)13.8 
Total other intangible assets, net$1,839.7 $(309.8)$1,529.9 $1,869.4 $(251.2)$1,618.2 
Schedule of Expected Intangible Asset Amortization Expense The following table presents the estimated amortization expense based on our amortizing intangible assets as of December 31, 2024 (in millions):
Years ending December 31:
2025$55.5 
202635.4 
202724.4 
202818.3 
20292.7 
Thereafter8.6 
Total$144.9