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
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Net revenues $ 50,106 $ 41,423
Operating costs and expenses    
Selling, general and administrative 18,229 15,393
Project development costs 7 165
Preopening costs 10,497 786
Depreciation and amortization 5,859 1,792
Loss on disposal of assets 0 8
Total operating costs and expenses 57,092 36,120
Operating (loss) income (6,986) 5,303
Other expense    
Interest expense, net (4,819) (6,399)
Loss on modification of debt 0 (4,406)
Gain on insurance settlement 355 0
Total other expense (4,464) (10,805)
Loss before income taxes (11,450) (5,502)
Income tax benefit (35) (5,612)
Net (loss) income $ (11,415) 110
Basic (loss) earnings per share (in dollars per share) $ (0.33)  
Diluted (loss) earnings per share (in dollars per share) $ (0.33)  
Casino    
Revenues    
Net revenues $ 35,987 29,084
Operating costs and expenses    
Costs and expenses 13,344 9,875
Food and beverage    
Revenues    
Net revenues 7,660 6,511
Operating costs and expenses    
Costs and expenses 7,455 6,568
Hotel    
Revenues    
Net revenues 2,144 2,179
Operating costs and expenses    
Costs and expenses 1,219 1,071
Other operations, including contracted sports wagering    
Revenues    
Net revenues 4,315 3,649
Operating costs and expenses    
Costs and expenses $ 482 $ 462