Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Net revenues $ 44,383 $ 47,442 $ 85,806 $ 89,650
Operating costs and expenses        
Selling, general and administrative 14,184 14,007 29,577 28,420
Project development costs 17 126 182 173
Preopening costs 1,534   2,320  
Depreciation and amortization 1,834 1,829 3,626 3,629
(Gain) loss on disposal of assets, net (5) 568 3 672
Total operating costs and expenses 36,164 35,236 72,284 68,750
Operating income 8,219 12,206 13,522 20,900
Other (expense) income        
Interest expense, net of amounts capitalized (6,988) (6,670) (13,387) (11,126)
(Loss) gain on modification and extinguishment of debt, net (19) 30 (4,425) (6,104)
Adjustment to fair value of warrants     0 (1,347)
Total other expense (7,007) (6,640) (17,812) (18,577)
Income (loss) before income taxes 1,212 5,566 (4,290) 2,323
Income tax provision (benefit) 5,567 82 (45) 284
Net (loss) income $ (4,355) $ 5,484 $ (4,245) $ 2,039
Basic (loss) earnings per share (in dollars per share) $ (0.13) $ 0.16 $ (0.12) $ 0.07
Diluted (loss) earnings per share (in dollars per share) $ (0.13) $ 0.15 $ (0.12) $ 0.06
Casino        
Revenues        
Net revenues $ 29,488 $ 34,647 $ 58,572 $ 66,711
Operating costs and expenses        
Costs and expenses 10,106 11,087 19,981 21,426
Food and beverage        
Revenues        
Net revenues 6,933 7,440 13,444 13,541
Operating costs and expenses        
Costs and expenses 6,752 5,928 13,320 11,288
Hotel        
Revenues        
Net revenues 2,407 2,510 4,586 4,721
Operating costs and expenses        
Costs and expenses 1,197 1,140 2,268 2,196
Other operations, including contracted sports wagering        
Revenues        
Net revenues 5,555 2,845 9,204 4,677
Operating costs and expenses        
Costs and expenses $ 545 $ 551 $ 1,007 $ 946