| Schedule of Selected Statement of Operations Data |
The following tables present the Company’s segment information:
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|
|
|
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(In Thousands)
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For the Year Ended December 31,
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2019
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|
2018
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|
Net Revenues
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Silver Slipper Casino and Hotel
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$
|
73,201
|
|
$
|
69,350
|
|
Rising Star Casino Resort
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|
|
45,620
|
|
|
47,966
|
|
Bronco Billy's Casino and Hotel
|
|
|
27,507
|
|
|
26,942
|
|
Northern Nevada Casinos
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|
|
19,104
|
|
|
19,629
|
|
|
|
$
|
165,432
|
|
$
|
163,887
|
|
Adjusted Property EBITDA
|
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Silver Slipper Casino and Hotel
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$
|
13,159
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|
$
|
12,126
|
|
Rising Star Casino Resort
|
|
|
1,330
|
|
|
2,806
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|
Bronco Billy's Casino and Hotel
|
|
|
3,000
|
|
|
3,919
|
|
Northern Nevada Casinos
|
|
|
3,161
|
|
|
3,375
|
|
|
|
|
20,650
|
|
|
22,226
|
|
Other operating (expense) income:
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|
|
|
|
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Depreciation and amortization
|
|
|
(8,331)
|
|
|
(8,397)
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|
Corporate expenses
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|
|
(4,710)
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|
|
(4,575)
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|
Preopening costs
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|
|
—
|
|
|
(274)
|
|
Project development costs
|
|
|
(1,037)
|
|
|
(843)
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|
Loss on disposal of assets, net
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|
|
(8)
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|
|
(79)
|
|
Stock-based compensation
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|
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(348)
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|
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(632)
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Operating income
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|
|
6,216
|
|
|
7,426
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Other (expense) income:
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|
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Interest expense
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(10,728)
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|
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(10,306)
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Loss on extinguishment of debt
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|
|
—
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|
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(2,673)
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|
Adjustment to fair value of warrants
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|
|
(1,230)
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|
|
1,671
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Other
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|
|
—
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|
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(13)
|
|
|
|
|
(11,958)
|
|
|
(11,321)
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Loss before income taxes
|
|
|
(5,742)
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|
|
(3,895)
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|
Income tax expense
|
|
|
80
|
|
|
476
|
|
Net loss
|
|
$
|
(5,822)
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|
$
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(4,371)
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|
|
|
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|
|
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(In Thousands)
|
|
December 31,
|
|
|
|
2019
|
|
2018
|
|
Total Assets
|
|
|
|
|
|
|
|
Silver Slipper Casino and Hotel
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|
$
|
87,980
|
|
$
|
79,094
|
|
Rising Star Casino Resort
|
|
|
40,277
|
|
|
39,722
|
|
Bronco Billy's Casino and Hotel
|
|
|
45,034
|
|
|
42,780
|
|
Northern Nevada Casinos
|
|
|
18,612
|
|
|
12,395
|
|
Corporate and Other
|
|
|
19,432
|
|
|
8,281
|
|
|
|
$
|
211,335
|
|
$
|
182,272
|
|
|
|
|
|
|
|
|
|
(In Thousands)
|
|
December 31,
|
|
|
|
2019
|
|
2018
|
|
Property and Equipment, net
|
|
|
|
|
|
|
|
Silver Slipper Casino and Hotel
|
|
$
|
55,127
|
|
$
|
56,369
|
|
Rising Star Casino Resort
|
|
|
32,824
|
|
|
33,700
|
|
Bronco Billy's Casino and Hotel
|
|
|
25,164
|
|
|
23,354
|
|
Northern Nevada Casinos
|
|
|
7,297
|
|
|
7,434
|
|
Corporate and Other
|
|
|
1,075
|
|
|
1,219
|
|
|
|
$
|
121,487
|
|
$
|
122,076
|
|