Quarterly report [Sections 13 or 15(d)]

COMMITMENTS AND CONTINGENCIES (Tables)

v3.26.1
COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2026
COMMITMENTS AND CONTINGENCIES.  
Schedule of the estimated present value of the long-term obligation for the Company's gaming license in Illinois

(In thousands)

March 31, 

December 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Estimated IGB Reconciliation Fee(1)

$

56,831

$

56,300

Less: Amount representing interest(2)

(8,387)

(8,515)

Present value of IGB Reconciliation Fee(3)

$

48,444

$

47,785

__________

(1) The three-year measurement period concluded in February 2026. This one-time fee will be paid in installments that are expected to begin in 2026 and extend over a period of six years.
(2) The effective interest rate of the Revolving Credit Facility (see Note 5) is used to impute interest on this long-term obligation and its corresponding increase to the Illinois gaming license valuation, which approximates their fair values.
(3) The current and noncurrent balances are located respectively within “Other accrued liabilities” and “Other long-term liabilities, net of current portion” on the condensed consolidated balance sheets.