| Schedule of Total Revenues By Segment |
The following tables present the Company’s segment information:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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(In Thousands)
|
|
Year Ended December 31, 2020
|
|
|
|
Silver
|
|
|
|
|
Bronco
|
|
|
|
|
|
|
|
|
|
Slipper
|
|
Rising Star
|
|
Billy’s
|
|
Northern
|
|
|
|
|
|
|
Casino
|
|
Casino
|
|
Casino
|
|
Nevada
|
|
|
|
|
|
|
and Hotel
|
|
Resort
|
|
and Hotel
|
|
Casinos
|
|
Total
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Casino
|
|
$
|
42,653
|
|
$
|
20,337
|
|
$
|
17,127
|
|
$
|
10,695
|
|
$
|
90,812
|
|
Food and beverage
|
|
|
14,557
|
|
|
2,681
|
|
|
1,726
|
|
|
802
|
|
|
19,766
|
|
Hotel
|
|
|
3,899
|
|
|
2,996
|
|
|
515
|
|
|
—
|
|
|
7,410
|
|
Other operations, including online/mobile sports
|
|
|
1,404
|
|
|
5,014
|
|
|
948
|
|
|
235
|
|
|
7,601
|
|
|
|
$
|
62,513
|
|
$
|
31,028
|
|
$
|
20,316
|
|
$
|
11,732
|
|
$
|
125,589
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjusted Property EBITDA
|
|
$
|
14,669
|
|
$
|
3,841
|
|
$
|
4,479
|
|
$
|
454
|
|
$
|
23,443
|
|
Other operating costs and expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(7,666)
|
|
Corporate expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,789)
|
|
Project development costs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(423)
|
|
Loss on disposal of asset, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(684)
|
|
Stock-based compensation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(405)
|
|
Operating income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,476
|
|
Other expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(9,823)
|
|
Adjustment to fair value of warrants
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(598)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,421)
|
|
Income before income taxes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
55
|
|
Income tax benefit
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(92)
|
|
Net income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
147
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In Thousands)
|
|
Year Ended December 31, 2019
|
|
|
|
Silver
|
|
|
|
|
Bronco
|
|
|
|
|
|
|
|
|
|
Slipper
|
|
Rising Star
|
|
Billy’s
|
|
Northern
|
|
|
|
|
|
|
Casino
|
|
Casino
|
|
Casino
|
|
Nevada
|
|
|
|
|
|
|
and Hotel
|
|
Resort
|
|
and Hotel
|
|
Casinos
|
|
Total
|
|
Revenues
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Casino
|
|
$
|
44,959
|
|
$
|
29,585
|
|
$
|
22,075
|
|
$
|
16,771
|
|
$
|
113,390
|
|
Food and beverage
|
|
|
21,759
|
|
|
6,980
|
|
|
4,354
|
|
|
1,976
|
|
|
35,069
|
|
Hotel
|
|
|
4,830
|
|
|
5,932
|
|
|
773
|
|
|
—
|
|
|
11,535
|
|
Other operations, including online/mobile sports
|
|
|
1,653
|
|
|
3,123
|
|
|
305
|
|
|
357
|
|
|
5,438
|
|
|
|
$
|
73,201
|
|
$
|
45,620
|
|
$
|
27,507
|
|
$
|
19,104
|
|
$
|
165,432
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Adjusted Property EBITDA
|
|
$
|
13,159
|
|
$
|
1,330
|
|
$
|
3,000
|
|
$
|
3,161
|
|
$
|
20,650
|
|
Other operating costs and expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8,331)
|
|
Corporate expenses
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4,710)
|
|
Project development costs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,037)
|
|
Loss on disposal of assets, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(8)
|
|
Stock-based compensation
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(348)
|
|
Operating income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6,216
|
|
Other expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,728)
|
|
Adjustment to fair value of warrants
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(1,230)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,958)
|
|
Loss before income taxes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(5,742)
|
|
Income tax expense
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
80
|
|
Net loss
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
(5,822)
|
|
| Schedule of Total Assets and Property and Equipment, net By Segment |
|
|
|
|
|
|
|
|
|
(In Thousands)
|
|
December 31,
|
|
|
|
2020
|
|
2019
|
|
Total Assets
|
|
|
|
|
|
|
|
Silver Slipper Casino and Hotel
|
|
$
|
83,809
|
|
$
|
87,980
|
|
Rising Star Casino Resort
|
|
|
38,552
|
|
|
40,277
|
|
Bronco Billy’s Casino and Hotel
|
|
|
45,536
|
|
|
45,034
|
|
Northern Nevada Casinos
|
|
|
13,248
|
|
|
18,612
|
|
Corporate and Other
|
|
|
31,471
|
|
|
19,432
|
|
|
|
$
|
212,616
|
|
$
|
211,335
|
|
|
|
|
|
|
|
|
|
(In Thousands)
|
|
December 31,
|
|
|
|
2020
|
|
2019
|
|
Property and Equipment, net
|
|
|
|
|
|
|
|
Silver Slipper Casino and Hotel
|
|
$
|
52,096
|
|
$
|
55,127
|
|
Rising Star Casino Resort
|
|
|
30,571
|
|
|
32,824
|
|
Bronco Billy’s Casino and Hotel
|
|
|
25,858
|
|
|
25,164
|
|
Northern Nevada Casinos
|
|
|
6,322
|
|
|
7,297
|
|
Corporate and Other
|
|
|
925
|
|
|
1,075
|
|
|
|
$
|
115,772
|
|
$
|
121,487
|
|