v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Net revenues $ 47,238 $ 41,956 $ 136,888 $ 87,320
Operating costs and expenses        
Selling, general and administrative 14,791 12,555 43,211 35,332
Project development costs 318 108 491 423
Preopening costs 17   17  
Depreciation and amortization 1,819 1,848 5,448 5,868
Loss on disposal of assets, net 2   674 439
Total operating costs and expenses 36,119 31,547 104,869 84,505
Operating income 11,119 10,409 32,019 2,815
Other (expense) income        
Interest expense, net of $509 and $208 capitalized for the three-months ended September 30, 2021 and 2020, and $1,017 and $639 capitalized for the nine-months ended September 30, 2021 and 2020 (6,405) (2,391) (17,531) (7,329)
Loss on extinguishment of debt     (6,104) 0
Adjustment to fair value of warrants   (403) (1,347) 1,159
Total other (expense) income (6,405) (2,794) (24,982) (6,170)
Income (loss) before income taxes 4,714 7,615 7,037 (3,355)
Income tax provision (benefit) 95 (93) 379 (2)
Net income (loss) $ 4,619 $ 7,708 $ 6,658 $ (3,353)
Basic earnings (loss) per share (in dollars per share) $ 0.13 $ 0.28 $ 0.21 $ (0.12)
Diluted earnings (loss) per share (in dollars per share) $ 0.13 $ 0.28 $ 0.19 $ (0.17)
Casino        
Revenues        
Net revenues $ 32,506 $ 31,910 $ 99,217 $ 63,616
Operating costs and expenses        
Costs and expenses 11,261 10,125 32,687 23,886
Food and beverage        
Revenues        
Net revenues 7,092 5,612 20,633 14,596
Operating costs and expenses        
Costs and expenses 6,199 5,234 17,487 14,453
Hotel        
Revenues        
Net revenues 2,469 2,511 7,190 5,204
Operating costs and expenses        
Costs and expenses 1,136 1,113 3,332 2,663
Other operations, including online/mobile sports operations        
Revenues        
Net revenues 5,171 1,923 9,848 3,904
Operating costs and expenses        
Costs and expenses $ 576 $ 564 $ 1,522 $ 1,441

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