| Schedule of selected statement of operations and balance sheet data |
The following tables present the Company’s segment information:
|
|
|
|
|
|
|
|
|
(In Thousands) |
For the Year Ended December 31, |
|
2018 |
|
2017 |
Net Revenues |
|
|
|
Silver Slipper Casino and Hotel |
$ |
69,350 |
|
|
$ |
64,046 |
|
Rising Star Casino Resort |
47,966 |
|
|
49,751 |
|
Bronco Billy's Casino and Hotel |
26,931 |
|
|
26,222 |
|
Northern Nevada Casinos |
19,629 |
|
|
21,248 |
|
|
$ |
163,876 |
|
|
$ |
161,267 |
|
Adjusted Property EBITDA |
|
|
|
Silver Slipper Casino and Hotel |
$ |
12,126 |
|
|
$ |
10,733 |
|
Rising Star Casino Resort |
2,806 |
|
|
2,678 |
|
Bronco Billy's Casino and Hotel |
3,919 |
|
|
4,758 |
|
Northern Nevada Casinos |
3,375 |
|
|
2,789 |
|
|
22,226 |
|
|
20,958 |
|
Other operating (expense) income: |
|
|
|
Depreciation and amortization |
(8,397 |
) |
|
(8,602 |
) |
Corporate expenses |
(4,575 |
) |
|
(4,491 |
) |
Preopening costs |
(274 |
) |
|
— |
|
Project development and acquisition costs |
(843 |
) |
|
(284 |
) |
(Loss) gain on disposals |
(79 |
) |
|
1 |
|
Stock-based compensation |
(632 |
) |
|
(525 |
) |
Operating income |
7,426 |
|
|
7,057 |
|
Other (expense) income: |
|
|
|
Interest expense |
(10,306 |
) |
|
(10,856 |
) |
Loss on extinguishment of debt |
(2,673 |
) |
|
— |
|
Adjustment to fair value of warrants |
1,671 |
|
|
(1,379 |
) |
Other |
(13 |
) |
|
— |
|
|
(11,321 |
) |
|
(12,235 |
) |
Loss before income taxes |
(3,895 |
) |
|
(5,178 |
) |
Income tax expense (benefit) |
476 |
|
|
(150 |
) |
Net loss |
$ |
(4,371 |
) |
|
$ |
(5,028 |
) |
|
|
|
|
|
|
|
|
|
(In Thousands) |
December 31, |
|
2018 |
|
2017 |
Total Assets |
|
|
|
Silver Slipper Casino and Hotel |
$ |
79,094 |
|
|
$ |
80,780 |
|
Rising Star Casino Resort |
39,722 |
|
|
36,327 |
|
Bronco Billy's Casino and Hotel |
42,780 |
|
|
35,567 |
|
Northern Nevada Casinos |
12,395 |
|
|
12,235 |
|
Corporate and Other |
8,281 |
|
|
8,576 |
|
|
$ |
182,272 |
|
|
$ |
173,485 |
|
|
|
|
|
|
|
|
|
|
(In Thousands) |
December 31, |
|
2018 |
|
2017 |
Property and Equipment, net |
|
|
|
Silver Slipper Casino and Hotel |
$ |
56,369 |
|
|
$ |
58,059 |
|
Rising Star Casino Resort |
33,700 |
|
|
30,534 |
|
Bronco Billy's Casino and Hotel |
23,354 |
|
|
15,276 |
|
Northern Nevada Casinos |
7,434 |
|
|
7,868 |
|
Corporate and Other |
1,219 |
|
|
2,321 |
|
|
$ |
122,076 |
|
|
$ |
114,058 |
|
|