| Schedule of Selected Statement of Operations Data |
The following tables present the Company’s segment information:
|
|
|
|
|
|
|
|
|
(In thousands, unaudited) |
Three Months Ended
March 31,
|
|
2018 |
|
2017 |
Net Revenues |
|
|
|
Silver Slipper Casino and Hotel |
$ |
16,509 |
|
|
$ |
16,658 |
|
Rising Star Casino Resort |
11,227 |
|
|
12,205 |
|
Bronco Billy’s Casino and Hotel |
6,242 |
|
|
5,861 |
|
Northern Nevada Casinos |
3,953 |
|
|
4,896 |
|
|
$ |
37,931 |
|
|
$ |
39,620 |
|
Adjusted Property EBITDA |
|
|
|
Silver Slipper Casino and Hotel |
$ |
2,883 |
|
|
$ |
3,052 |
|
Rising Star Casino Resort |
493 |
|
|
1,319 |
|
Bronco Billy’s Casino and Hotel |
705 |
|
|
846 |
|
Northern Nevada Casinos |
(13 |
) |
|
552 |
|
|
4,068 |
|
|
5,769 |
|
Other operating costs and expenses: |
|
|
|
Depreciation and amortization |
(2,168 |
) |
|
(2,097 |
) |
Corporate expenses |
(1,078 |
) |
|
(1,175 |
) |
Project development and acquisition costs |
(37 |
) |
|
(131 |
) |
Loss on disposals |
(10 |
) |
|
(13 |
) |
Share-based compensation |
(232 |
) |
|
(93 |
) |
Operating income |
543 |
|
|
2,260 |
|
Other (expense) income: |
|
|
|
Interest expense |
(2,540 |
) |
|
(2,678 |
) |
Loss on extinguishment of debt |
(2,673 |
) |
|
— |
|
Adjustment to fair value of warrants |
503 |
|
|
— |
|
|
(4,710 |
) |
|
(2,678 |
) |
Loss before income taxes |
(4,167 |
) |
|
(418 |
) |
Provision for income taxes |
119 |
|
|
184 |
|
Net loss |
$ |
(4,286 |
) |
|
$ |
(602 |
) |
|
|
|
|
|
|
|
|
|
(In thousands) |
March 31,
2018 |
|
December 31,
2017 |
|
(Unaudited) |
|
|
Total Assets |
|
|
|
Silver Slipper Casino and Hotel |
$ |
80,323 |
|
|
$ |
80,780 |
|
Rising Star Casino Resort |
36,105 |
|
|
36,327 |
|
Bronco Billy’s Casino and Hotel |
34,273 |
|
|
35,567 |
|
Northern Nevada Casinos |
11,155 |
|
|
12,235 |
|
Corporate and Other |
19,658 |
|
|
8,576 |
|
|
$ |
181,514 |
|
|
$ |
173,485 |
|
|