Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.24.2.u1
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