Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2024
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Accounts receivable

(In thousands)

June 30, 

December 31, 

2024

    

2023

Casino

$

321

$

343

Trade Accounts

3,059

3,479

Other Operations, excluding Contracted Sports Wagering

166

185

Contracted Sports Wagering

2,930

1,932

Other

618

582

7,094

6,521

Less: Provision for credit losses

(1,582)

(1,189)

$

5,512

$

5,332

Credit losses recognized for accounts receivable

(In thousands)

2024

    

2023

Balance at January 1

$

1,189

$

249

Current period provision for (recovery of) credit losses

538

(33)

Write-offs

(145)

Balance at June 30

$

1,582

$

216

Schedule of other indefinite-lived intangible assets

(In thousands)

June 30, 

December 31, 

    

2024

    

2023

IGB Reconciliation Fee*

$

39,525

$

22,092

Less: Amount representing interest

(11,530)

(7,187)

Present value of IGB Reconciliation Fee

$

27,995

$

14,905

__________

* Calculated based upon gaming revenues generated through June 2024. This one-time fee will be paid in six annual installments beginning in February 2026.
Schedule of Deferred revenues

(In thousands)

June 30, 

December 31, 

    

Balance Sheet Location

2024

    

2023

Deferred revenue, current

Other accrued expenses and current liabilities

$

3,346

$

6,175

Deferred revenue, net of current portion

Contract liabilities, net of current portion

4,962

6,192

$

8,308

$

12,367