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, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Net revenues $ 59,382 $ 44,383 $ 109,488 $ 85,806
Operating costs and expenses        
Selling, general and administrative 21,577 14,184 39,806 29,577
Project development costs 17 17 24 182
Preopening costs 1,086 1,534 11,583 2,320
Depreciation and amortization 8,155 1,834 14,014 3,626
(Gain) loss on disposal of assets   (5) 0 3
Total operating costs and expenses 58,788 36,164 115,880 72,284
Operating income (loss) 594 8,219 (6,392) 13,522
Other (expense) income        
Interest expense, net (5,633) (6,988) (10,452) (13,387)
Loss on modification of debt   (19) 0 (4,425)
Gain on insurance settlement     355 0
Total other expense (5,633) (7,007) (10,097) (17,812)
(Loss) income before income taxes (5,039) 1,212 (16,489) (4,290)
Income tax provision (benefit) 561 5,567 526 (45)
Net loss $ (5,600) $ (4,355) $ (17,015) $ (4,245)
Basic (loss) earnings per share (in dollars per share) $ (0.16) $ (0.13) $ (0.49) $ (0.12)
Diluted (loss) earnings per share (in dollars per share) $ (0.16) $ (0.13) $ (0.49) $ (0.12)
Casino        
Revenues        
Net revenues $ 45,359 $ 29,488 $ 81,346 $ 58,572
Operating costs and expenses        
Costs and expenses 16,990 10,106 30,334 19,981
Food and beverage        
Revenues        
Net revenues 8,673 6,933 16,333 13,444
Operating costs and expenses        
Costs and expenses 9,030 6,752 16,485 13,320
Hotel        
Revenues        
Net revenues 2,348 2,407 4,492 4,586
Operating costs and expenses        
Costs and expenses 1,228 1,197 2,447 2,268
Other operations, including contracted sports wagering        
Revenues        
Net revenues 3,002 5,555 7,317 9,204
Operating costs and expenses        
Costs and expenses $ 705 $ 545 $ 1,187 $ 1,007