Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues    
Net revenues $ 241,060 $ 163,281
Operating costs and expenses    
Selling, general and administrative 85,746 59,706
Project development costs, net 53 228
Preopening costs 15,685 9,558
Depreciation and amortization 31,092 7,930
Loss on disposal of assets 7 42
Total operating costs and expenses 242,222 150,598
Operating loss (1,162) 12,683
Other (expense) income    
Interest expense, net (22,977) (22,988)
Loss on modification of debt   (4,530)
Gain on settlements 384  
Total other expense (22,593) (27,518)
Loss before income taxes (23,755) (14,835)
Income tax expense (benefit) 1,149 (31)
Net loss $ (24,904) $ (14,804)
Basic loss per share (in dollars per share) $ (0.72) $ (0.43)
Diluted loss per share (in dollars per share) $ (0.72) $ (0.43)
Basic weighted average number of common shares outstanding (in shares) 34,519,993 34,354,847
Diluted weighted average number of common shares outstanding (in shares) 34,519,993 34,354,847
Casino    
Revenues    
Net revenues $ 176,933 $ 113,876
Operating costs and expenses    
Costs and expenses 68,061 39,788
Food and beverage    
Revenues    
Net revenues 33,980 26,494
Operating costs and expenses    
Costs and expenses 33,240 26,372
Hotel    
Revenues    
Net revenues 9,428 9,282
Operating costs and expenses    
Costs and expenses 4,840 4,806
Other operations, including contracted sports wagering    
Revenues    
Net revenues 20,719 13,629
Operating costs and expenses    
Costs and expenses $ 3,498 $ 2,168