v3.21.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Net revenues $ 47,442 $ 14,511 $ 89,650 $ 45,364
Operating costs and expenses        
Selling, general and administrative 14,007 9,796 28,420 22,777
Project development costs 126 259 173 315
Depreciation and amortization 1,829 1,980 3,629 4,020
Loss on disposal of assets, net 568 439 672 439
Total operating costs and expenses 35,236 18,677 68,750 52,958
Operating income (loss) 12,206 (4,166) 20,900 (7,594)
Other (expense) income        
Interest expense, net of $249 and $211 capitalized for the three-months ended June 30, 2021 and 2020, and $508 and $431 capitalized for the six-months ended June 30, 2021 and 2020 (6,670) (2,447) (11,126) (4,938)
Gain (loss) on extinguishment of debt 30   (6,104) 0
Adjustment to fair value of warrants   (94) (1,347) 1,562
Total other (expense) income (6,640) (2,541) (18,577) (3,376)
Income (loss) before income taxes 5,566 (6,707) 2,323 (10,970)
Income tax provision (benefit) 82 (4) 284 91
Net income (loss) $ 5,484 $ (6,703) $ 2,039 $ (11,061)
Basic earnings (loss) per share (in dollars per share) $ 0.16 $ (0.25) $ 0.07 $ (0.41)
Diluted earnings (loss) per share (in dollars per share) $ 0.15 $ (0.25) $ 0.06 $ (0.46)
Casino        
Revenues        
Net revenues $ 34,647 $ 10,955 $ 66,711 $ 31,706
Operating costs and expenses        
Costs and expenses 11,087 3,470 21,426 13,803
Food and beverage        
Revenues        
Net revenues 7,440 1,994 13,541 8,984
Operating costs and expenses        
Costs and expenses 5,928 2,083 11,288 9,219
Hotel        
Revenues        
Net revenues 2,510 719 4,721 2,693
Operating costs and expenses        
Costs and expenses 1,140 377 2,196 1,550
Other operations, including online/mobile sports operations        
Revenues        
Net revenues 2,845 843 4,677 1,981
Operating costs and expenses        
Costs and expenses $ 551 $ 273 $ 946 $ 835

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