Caesars Entertainment (CZR) 10-Q9 Aug 192019 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2019	Aug. 07, 2019
Document And Entity Information [Abstract]
Entity Registrant Name	ELDORADO RESORTS, INC.
Entity Central Index Key	0001590895
Document Type	10-Q
Document Period End Date	Jun. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		77,768,206
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Trading Symbol	ERI
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	001-36629
Entity Tax Identification Number	463657681
Entity Address, Address Line One	100 West Liberty Street
Entity Address, Address Line Two	Suite 1150
Entity Address, City or Town	Reno
Entity Address, State or Province	Nevada
Entity Address, Postal Zip Code	89501
City Area Code	775
Local Phone Number	328‑0100

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 183,139	$ 230,752
Restricted cash and investments	24,718	24,892
Marketable securities	22,679	16,957
Accounts receivable, net	60,059	60,169
Due from affiliates	3,043	327
Inventories	19,016	20,595
Income taxes receivable		15,731
Prepaid expenses	40,335	48,002
Assets held for sale	349,649	155,771
Total current assets	702,638	573,196
Investment in and advances to unconsolidated affiliates	131,382	1,892
Property and equipment, net	2,713,805	2,882,606
Gaming licenses and other intangibles, net	1,219,378	1,362,006
Goodwill	967,397	1,008,316
Other assets, net	347,402	83,446
Total assets	6,082,002	5,911,462
CURRENT LIABILITIES:
Current portion of long-term debt	329	462
Accounts payable	56,413	58,524
Accrued property, gaming and other taxes	50,228	51,931
Accrued payroll and related	75,160	87,332
Accrued interest	38,754	42,780
Income taxes payable	17,951	47,475
Accrued other liabilities	130,784	102,982
Liabilities related to assets held for sale	13,621	10,691
Total current liabilities	383,240	402,177
Long-term financing obligation to GLPI	965,208	959,835
Long-term debt, less current portion	3,018,455	3,261,273
Deferred income taxes	192,128	200,010
Other long-term liabilities	437,452	59,014
Total liabilities	4,996,483	4,882,309
Commitments and contingencies (Note 14)
STOCKHOLDERS' EQUITY:
Common stock, 200,000,000 shares authorized, 77,543,101 and 77,215,066 issued and outstanding, net of treasury shares, par value $0.00001 as of June 30, 2019 and December 31, 2018, respectively	1	1
Paid-in capital	752,021	748,076
Retained earnings	342,627	290,206
Treasury stock at cost, 223,823 shares held at June 30, 2019 and December 31, 2018	(9,131)	(9,131)
Accumulated other comprehensive income	1	1
Total stockholders’ equity	1,085,519	1,029,153
Total liabilities and stockholders’ equity	$ 6,082,002	$ 5,911,462

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	77,543,101	77,215,066
Common stock, shares outstanding	77,543,101	77,215,066
Common stock, par value	$ 0.00001	$ 0.00001
Treasury stock, shares	223,823	223,823

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
REVENUES:
Net revenues	$ 637,121	$ 456,802	$ 1,272,944	$ 896,994
EXPENSES:
Other	10,723	8,310	21,972	15,715
Marketing and promotions	32,080	21,832	64,381	43,133
General and administrative	117,431	73,745	237,319	147,947
Corporate	21,051	12,232	37,805	23,801
Impairment charges			958	9,815
Depreciation and amortization	56,533	31,910	114,290	63,444
Total operating expenses	525,691	376,439	1,058,939	759,098
(Loss) gain on sale or disposal of property and equipment	(366)	423	21,952	(283)
Transaction expenses	(7,292)	(3,404)	(9,186)	(5,952)
(Loss) income from unconsolidated affiliates	(1,222)	32	(617)	(53)
Operating (loss) income	102,550	77,414	226,154	131,608
OTHER EXPENSE:
Interest expense, net	(71,798)	(31,405)	(145,308)	(62,656)
Unrealized loss on restricted investments	(1,398)		(2,858)
Total other expense	(73,196)	(31,405)	(148,166)	(62,656)
Income before income taxes	29,354	46,009	77,988	68,952
Provision for income taxes	(10,418)	(9,213)	(20,823)	(11,301)
Net income	$ 18,936	$ 36,796	$ 57,165	$ 57,651
Net income per share of common stock:
Basic	$ 0.24	$ 0.48	$ 0.74	$ 0.74
Diluted	$ 0.24	$ 0.47	$ 0.73	$ 0.74
Weighted average number of shares outstanding:
Weighted average basic shares outstanding	77,682,759	77,458,584	77,625,303	77,406,447
Weighted average diluted shares outstanding	78,725,289	78,258,629	78,657,552	78,169,629
Casino and pari-mutuel Commissions
REVENUES:
Net revenues	$ 456,997	$ 348,720	$ 927,848	$ 692,248
EXPENSES:
Cost of goods and services	203,240	169,945	413,546	339,496
Food and Beverage
REVENUES:
Net revenues	75,428	54,293	150,637	106,491
Net revenues	75,428	54,293	150,637	106,491
EXPENSES:
Cost of goods and services	59,497	44,770	119,882	89,546
Hotel
REVENUES:
Net revenues	78,484	38,926	143,175	69,667
Net revenues	78,484	38,926	143,175	69,667
EXPENSES:
Cost of goods and services	25,136	13,695	48,786	26,201
Other
REVENUES:
Net revenues	26,212	14,863	51,284	28,588
Net revenues	$ 26,212	$ 14,863	$ 51,284	$ 28,588

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 18,936	$ 36,796	$ 57,165	$ 57,651
Comprehensive income, net of tax	$ 18,936	$ 36,796	$ 57,165	$ 57,651

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income	Treasury Stock
Beginning Balance at Dec. 31, 2017	$ 941,598		$ 746,547	$ 194,972	$ 79
Beginning Balance (in shares) at Dec. 31, 2017		76,825,966
Issuance of restricted stock units	3,679		3,679
Issuance of restricted stock units (in shares)		645,047
Net income	20,855			20,855
Shares withheld related to net share settlement of stock awards	(7,502)		(7,502)
Shares withheld related to net share settlement of stock awards (in shares)		(229,898)
Ending Balance at Mar. 31, 2018	958,630		742,724	215,827	79
Ending Balance (in shares) at Mar. 31, 2018		77,241,115
Beginning Balance at Dec. 31, 2017	941,598		746,547	194,972	79
Beginning Balance (in shares) at Dec. 31, 2017		76,825,966
Net income	57,651
Ending Balance at Jun. 30, 2018	996,723	$ 1	744,020	252,623	79
Ending Balance (in shares) at Jun. 30, 2018		77,336,610
Beginning Balance at Mar. 31, 2018	958,630		742,724	215,827	79
Beginning Balance (in shares) at Mar. 31, 2018		77,241,115
Issuance of restricted stock units	3,472	$ 1	3,471
Issuance of restricted stock units (in shares)		64,833
Net income	36,796			36,796
Exercise of stock options (in shares)		50,336
Shares withheld related to net share settlement of stock awards	(2,175)		(2,175)
Shares withheld related to net share settlement of stock awards (in shares)		(19,674)
Ending Balance at Jun. 30, 2018	996,723	$ 1	744,020	252,623	79
Ending Balance (in shares) at Jun. 30, 2018		77,336,610
Beginning Balance at Dec. 31, 2018	1,029,153	$ 1	748,076	290,206	1	$ (9,131)
Beginning Balance (in shares) at Dec. 31, 2018		77,438,889				223,823
Cumulative change in accounting principle, net of tax	(4,744)			(4,744)
Issuance of restricted stock units	4,948		4,948
Issuance of restricted stock units (in shares)		330,641
Net income	38,229			38,229
Shares withheld related to net share settlement of stock awards	(4,322)		(4,322)
Shares withheld related to net share settlement of stock awards (in shares)		(106,542)
Ending Balance at Mar. 31, 2019	1,063,264	$ 1	748,702	323,691	1	$ (9,131)
Ending Balance (in shares) at Mar. 31, 2019		77,662,988				223,823
Beginning Balance at Dec. 31, 2018	1,029,153	$ 1	748,076	290,206	1	$ (9,131)
Beginning Balance (in shares) at Dec. 31, 2018		77,438,889				223,823
Net income	57,165
Ending Balance at Jun. 30, 2019	1,085,519	$ 1	752,021	342,627	1	$ (9,131)
Ending Balance (in shares) at Jun. 30, 2019		77,766,924				223,823
Beginning Balance at Mar. 31, 2019	1,063,264	$ 1	748,702	323,691	1	$ (9,131)
Beginning Balance (in shares) at Mar. 31, 2019		77,662,988				223,823
Issuance of restricted stock units	6,509		6,509
Issuance of restricted stock units (in shares)		169,248
Net income	18,936			18,936
Shares withheld related to net share settlement of stock awards	(3,190)		(3,190)
Shares withheld related to net share settlement of stock awards (in shares)		(65,312)
Ending Balance at Jun. 30, 2019	$ 1,085,519	$ 1	$ 752,021	$ 342,627	$ 1	$ (9,131)
Ending Balance (in shares) at Jun. 30, 2019		77,766,924				223,823

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 18,936	$ 36,796	$ 57,165	$ 57,651
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	56,533	31,910	114,290	63,444
Amortization of deferred financing costs, discount and debt premium			9,186	2,533
Deferred revenue			(3,182)
Unrealized loss on restricted investment	1,398		2,858
Lease amortization			1,332	854
Stock compensation expense	6,500	3,500	11,457	7,151
(Gain) loss on sale or disposal of property and equipment	366	(423)	(21,952)	283
Impairment charges			958	9,815
Provision (benefit) for deferred income taxes			(6,671)	10,461
Other			1,248	1,852
Change in operating assets and liabilities:
Accounts receivable			(3,786)	7,507
Prepaid expenses and other assets			3,347	(1,722)
Income taxes payable			(8,636)
Accounts payable and accrued other liabilities			(29,756)	(11,325)
Net cash provided by operating activities			127,858	148,504
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment, net			(97,114)	(55,181)
Sale of restricted investments			4,985
Proceeds from sale of property and equipment, net of cash sold			167,609	840
Escrow deposit				(15,000)
Net cash provided by (used in) investing activities			75,480	(69,341)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net payments under Revolving Credit Facility			(245,000)
Debt issuance costs			(449)	(305)
Taxes paid related to net share settlement of equity awards			(7,512)	(9,677)
Payments on other long-term payables			(243)	(344)
Net cash used in financing activities			(253,204)	(10,326)
(Decrease) Increase in cash, cash equivalents and restricted cash			(49,866)	68,837
Cash, cash equivalents and restricted cash, beginning of period			246,691	147,749
Cash, cash equivalents and restricted cash, end of period	196,825	216,586	196,825	216,586
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS:
Cash and cash equivalents	183,139	202,016	183,139	202,016
Restricted cash	7,258	4,683	7,258	4,683
Restricted and escrow cash included in other noncurrent assets	6,428	9,887	6,428	9,887
Cash, cash equivalents and restricted cash, end of period	$ 196,825	$ 216,586	196,825	216,586
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid			134,083	58,694
Income taxes paid (refunded), net			38,210	(3,829)
NON-CASH FINANCING ACTIVITIES:
Payables for capital expenditures			$ 14,525	$ 10,294

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
Organization and Basis of Presentation	Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Basis of Presentation	Note 1. Organization and Basis of Presentation Organization The accompanying unaudited consolidated financial statements include the accounts of Eldorado Resorts, Inc. (“ERI” or the “Company”), a Nevada corporation formed in September 2013, and its consolidated subsidiaries. The Company acquired Mountaineer, Presque Isle Downs and Scioto Downs in September 2014 pursuant to a merger with MTR Gaming Group, Inc. (“MTR Gaming”) and in November 2015 it acquired Circus Reno and the interests in the Silver Legacy that it did not own prior to such date. On May 1, 2017, the Company completed its acquisition of Isle of Capri Casinos, Inc. pursuant to the Agreement and Plan of Merger dated as of September 19, 2016 with Isle of Capri Casinos, Inc. (“Isle” or “Isle of Capri”). As a result of the Isle Merger, Isle became a wholly-owned subsidiary of ERI. On August 7, 2018, the Company completed its acquisition of the outstanding partnership interests of Elgin Riverboat Resort – Riverboat Casino d/b/a Grand Victoria Casino, an Illinois partnership (“Elgin”), the owner of Grand Victoria Casino, located in Elgin, Illinois (the “Elgin Acquisition”). On October 1, 2018, the Company completed its acquisition of Tropicana Entertainment, Inc. (“Tropicana”), and added seven properties to its portfolio (the “Tropicana Acquisition”). On January 11, 2019 and March 8, 2019, respectively, the Company closed on its sales of Presque Isle Downs & Casino (“Presque Isle Downs”) and Lady Luck Casino Nemacolin (“Nemacolin”), which are both located in Pennsylvania. As of June 30, 2019, we owned and operated the following properties: • Eldorado Resort Casino Reno ( “ Eldorado Reno ” ) — A 814-room hotel, casino and entertainment facility connected via an enclosed skywalk to Silver Legacy and Circus Reno located in downtown Reno, Nevada that includes 1,008 slot machines, 36 table games and a race and sportsbook • Silver Legacy Resort Casino ( “ Silver Legacy ” ) — A 1,685-room themed hotel and casino connected via an enclosed skywalk to Eldorado Reno and Circus Reno that includes 984 slot machines, 48 table games, a 13-table poker room and a race and sportsbook; • Circus Circus Reno ( “ Circus Reno ” ) — A 1,571-room hotel-casino and entertainment complex connected via an enclosed skywalk to Eldorado Reno and Silver Legacy that includes 567 slot machines and a race and sportsbook • Eldorado Resort Casino Shreveport ( “ Eldorado Shreveport ” ) — A 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino situated on the Red River in Shreveport, Louisiana that includes 1,406 slot machines, 46 table games and an eight-table poker room; • Mountaineer Casino, Racetrack & Resort ( “ Mountaineer ” ) — A 357-room hotel, casino, entertainment and live thoroughbred horse racing facility located on the Ohio River at the northern tip of West Virginia ’ s northwestern panhandle that includes 1,362 slot machines, 32 table games, a 10-table poker room and a race and sportsbook; • Eldorado Gaming Scioto Downs ( “ Scioto Downs ” ) — A modern “ racino ” on an approximately 208-acre site offering 2,194 video lottery terminals (“VLT s”) , harness racing and a 118-room third party hotel connected to Scioto Downs located 15 minutes from downtown Columbus, Ohio. • Isle Casino Hotel—Black Hawk (“Isle Black Hawk”)—A land-based casino on an approximately 10-acre site in Black Hawk, Colorado that includes 928 slot machines, 20 table games, a 10-table poker room and a 240-room hotel; • Lady Luck Casino—Black Hawk (“Lady Luck Black Hawk”)—A land-based casino across the intersection from Isle Casino Hotel in Black Hawk Colorado, that includes 430 slot machines, seven table games and a 164-room hotel with a parking structure connecting Isle Black Hawk and Lady Luck Black Hawk; • Isle Casino Racing Pompano Park (“Pompano”)—A casino and harness racing track on an approximately 223-acre owned site in Pompano Beach, Florida that includes 1,454 slot machines and a 41-table poker room; • Isle Casino Bettendorf (“Bettendorf”)—A land-based single-level casino located off Interstate 74 in Bettendorf, Iowa that includes 972 slot machines and 14 table games with 509 hotel rooms; • Isle Casino Waterloo (“Waterloo”)—A single-level land-based casino in Waterloo, Iowa that includes 917 slot machines, 23 table games, and a 194-room hotel; • Isle of Capri Casino Hotel Lake Charles (“Lake Charles”)—A gaming vessel on an approximately 19-acre site in Lake Charles, Louisiana, with 1,160 slot machines, 34 table games, 11 poker tables, and two hotels offering 493 rooms; • Isle of Capri Casino Lula (“Lula”)—Two dockside casinos in Lula, Mississippi with 869 slot machines and 17 table games, two on-site hotels with a total of 486 rooms and a 28-space RV Park; • Lady Luck Casino Vicksburg (“Vicksburg”)—A dockside casino in Vicksburg, Mississippi that includes 599 slot machines and a hotel with a total of 89 rooms; • Isle of Capri Casino Boonville (“Boonville”)—A single-level dockside casino in Boonville, Missouri that includes 872 slot machines, 20 table games and a 140-room hotel; • Isle Casino Cape Girardeau (“Cape Girardeau”)—A dockside casino and pavilion and entertainment center in Cape Girardeau, Missouri that includes 851 slot machines, 20 table games and four poker tables; • Lady Luck Casino Caruthersville (“Caruthersville”)—A riverboat casino located along the Mississippi River in Caruthersville, Missouri that includes 513 slot machines and nine table games; • Isle of Capri Casino Kansas City (“Kansas City”)—A dockside casino located close to downtown Kansas City, Missouri offering 935 slot machines and 13 table games; • Tropicana Casino and Resort, Atlantic City (“Trop AC”)—A casino and resort situated on approximately 15 acres with approximately 660 feet of ocean frontage in Atlantic City, New Jersey that includes 2,323 slot machines, 107 table games, 18 poker tables, a race and sportsbook and 2,364 hotel rooms; • Tropicana Evansville (“Evansville”)—A casino hotel and entertainment complex in Evansville, Indiana featuring 1,118 slot machines, 35 table games, six poker tables and two on-site hotels with a total of 338 rooms; • Lumière Place Casino (“Lumière”)—A casino located on approximately 20 acres, located in historic downtown St. Louis, Missouri near business and entertainment districts that overlooks the Mississippi River with 1,385 slot machines, 46 table games, 10 poker tables and 494 hotel rooms (including a 200-room Four Seasons Hotel); • Tropicana Laughlin Hotel and Casino (“Laughlin”)—A casino in Laughlin, Nevada that includes 917 slot machines, 13 table games, a race and sportsbook and 1,487 hotel rooms; • MontBleu Casino Resort & Spa (“MontBleu”)—A casino situated on approximately 21 acres in South Lake Tahoe, Nevada surrounded by the Sierra Nevada Mountains featuring 425 slot machines, 17 table games, a race and sportsbook and 438 hotel rooms; • Trop Casino Greenville (“Greenville”)—A landside gaming facility located in Greenville, Mississippi with 600 slot machines, four table games and 40 hotel rooms; • Belle of Baton Rouge Casino & Hotel (“Baton Rouge”)—A dockside riverboat situated on approximately 23 acres on the Mississippi River in the downtown historic district of Baton Rouge featuring 773 slot machines, 14 table games and 288 hotel rooms; and • Grand Victoria Casino (“Elgin”)—A casino located in Elgin, Illinois featuring 1,088 slot machines and 30 table games. Reclassifications Certain reclassifications of prior year presentations have been made to conform to the current period presentation. Basis of Presentation The accompanying unaudited consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by US GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments, all of which are normal and recurring, considered necessary for a fair presentation. The results of operations for these interim periods are not necessarily indicative of the operating results for other quarters, for the full year or any future period. The executive decision maker of our Company reviews operating results, assesses performance and makes decisions on a “significant market” basis. Management views each of our casinos as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, and their management and reporting structure. Prior to the Elgin and Tropicana acquisitions, the Company’s principal operating activities occurred in four geographic regions and reportable segments. Following the Elgin and Tropicana acquisitions, a fifth segment, Central, was added. The reportable segments are based on the similar characteristics of the operating segments within the regions in which they operate: West, Midwest, South, East, and Central. (See Note 16 for a listing of properties included in each segment). The presentation of information herein for periods prior to our acquisitions of Elgin and Tropicana and after our acquisitions of Elgin and Tropicana are not fully comparable because the results of operations for Elgin and Tropicana are not included for periods prior to August 7, 2018 and October 1, 2018, respectively. Additionally, the Company closed on its sales of Presque Isle Downs and Nemacolin in January 2019 and March 2019, respectively. (See Note 5). These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018. Recently Issued Accounting Pronouncements Pronouncements Implemented in 2019 In February 2016 (as amended through December 2018), the FASB issued ASU No. 2016-02 codified as Accounting Standards Codification (“ASC”) 842, Leases, (“ASC 842”) which addresses the recognition and measurement of leases. Under the new guidance, for all leases, at the commencement date, lessees were required to recognize a lease liability, which is a lessee’s obligation to make lease payments arising from a lease. The liability is measured on a discounted basis. Lessees also recognized a right-of-use (“ROU”) asset, which is an asset that represents the lessee’s right to control the use of a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. The effective date is for the annual and interim periods beginning after December 15, 2018. ASC 842 requires a transition adoption election using either 1) a modified retrospective approach with periods prior to the adoption date being recast or 2) a prospective approach with a cumulative-effect adjustment recognized to the opening balance of retained earnings on the adoption date with prior periods continuing to be reported under prior lease accounting guidance. The Company adopted ASC 842 on January 1, 2019 using the prospective approach, and therefore, comparative periods will continue to be reported under prior lease accounting guidance consistent with previously issued financial statements. We elected the package of practical expedients permitted under the transition guidance within ASC 842, which among other things, allowed us to carry forward the historical lease identification, lease classification and treatment of initial direct costs for leases entered into prior to January 1, 2019. We also made an accounting policy election to not record short-term leases with an initial term of 12 months or less on the balance sheet for all classes of underlying assets. We have also elected to not adopt the hindsight practical expedient for determining lease terms. Our operating leases, in which we are the lessee, are recorded on the balance sheet as a ROU asset with a corresponding lease liability. The lease liability will be remeasured each reporting period with a corresponding change to the ROU asset. The adoption of this guidance did not have an impact on net income; however, upon adoption we recorded a cumulative adjustment to our retained earnings of $4.7 million, net of tax, primarily related to the Company’s lease and management agreements at its Bettendorf location. (See Note 2). Adoption of this guidance did not have a material impact on the Company’s other financing leases. Pronouncements to Be Implemented in Future Periods In June 2016 (modified in November 2018), the FASB issued ASU No 2016-13, Financial Instruments – Credit Losses related to timing on recognizing impairment losses on financial assets. The new guidance lowers the threshold on when losses are incurred, from a determination that a loss is probable to a determination that a loss is expected. The change in guidance will be applicable to our evaluation of the CRDA investments (see Note 8). The guidance is effective for interim and annual periods beginning after December 15, 2019, and early adoption is allowed for interim and annual periods beginning after December 15, 2018. Adoption of the guidance requires a modified-retrospective approach and a cumulative adjustment to retained earnings to the first reporting period that the update is effective. We expect to adopt the new guidance on January 1, 2020 and currently we do not expect a cumulative effect on our Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract. This amendment aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). This generally means that an intangible asset is recognized for the software license and, to the extent that the payments attributable to the software license are made over time, a liability also is recognized. If a cloud computing arrangement does not include a software license, the entity should account for the arrangement as a service contract. This generally means that the fees associated with the hosting element (service) of the arrangement are expensed as incurred. The amendment is effective for annual and interim periods beginning after December 15, 2019, with early adoption allowed. We expect to adopt the new guidance on January 1, 2020 and are evaluating the qualitative and quantitative effects of the new guidance. We do not believe it will have a significant impact on our Consolidated Financial Statements. In August 2018, the FASB issued ASU No 2018-14, Compensation –Retirement Benefits – Defined Benefit Plans – General. This amendment improves disclosures over defined benefit plans and is effective for interim and annual periods ending after December 15, 2020 with early adoption allowed. We anticipate adopting this amendment during the first quarter of 2021, and do not expect it to have a significant impact on our Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-13, Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. This amendment modifies the disclosure requirements for fair value measurements and is effective for annual and interim periods beginning after December 15, 2019, with early adoption allowed. The Company is evaluating the qualitative and quantitative effect the new guidance will have on our Consolidated Financial Statements.

Leases

Leases	6 Months Ended
Leases	Jun. 30, 2019
Leases [Abstract]
Leases	Note 2. Leases The Company’s management determines if a contract is or contains a lease at inception or modification of a contract. A contract is or contains a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control over the use of the identified asset means the lessee has both (a) the right to obtain substantially all of the economic benefits from the use of the asset and (b) the right to direct the use of the asset. Finance and operating lease ROU assets and liabilities are recognized based on the present value of future minimum lease payments over the expected lease term at commencement date. As the implicit rate is not determinable in most of the Company’s leases, management uses the Company’s incremental borrowing rate based on the information available at the lease commencement date in determining the present value of future payments. The expected lease terms include options to extend or terminate the lease when it is reasonably certain the Company will exercise such options. Lease expense for operating leases with minimum lease payments is recognized on a straight-line basis over the expected lease term. The Company’s lease arrangements have lease and non-lease components. For leases in which the Company is the lessee, the Company accounts for the lease components and non-lease components as a single lease component for all classes of underlying assets. Leases, in which the Company is the lessor, are substantially all accounted for as operating leases and the lease components and non-lease components are accounted for separately, which is consistent with the Company’s historical accounting. Leases with an expected or initial term of 12 months or less are not accounted for on the balance sheet and the related lease expense is recognized on a straight-line basis over the expected lease term. The Company has operating and finance leases for various real estate and equipment. Certain of our lease agreements include rental payments based on a percentage of sales over specified contractual amounts, rental payments adjusted periodically for inflation and rental payments based on usage. The Company’s leases include options to extend the lease term one month to 60 years. Except for the GLPI Master Lease (see Note 10), the Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. Leases recorded on the balance sheet consist of the following (in thousands): Leases Classification on the Balance Sheet June 30, 2019 ASSETS Operating lease ROU assets Other assets, net $ 286,699 Finance lease ROU assets Property and equipment, net(1) $ 945,774 LIABILITIES Current: Operating Accrued other liabilities $ 23,294 Finance Current portion of long-term debt $ 226 Noncurrent: Operating Other long-term liabilities $ 268,444 Finance Long-term financing obligation and debt $ 965,376 (1) Finance lease ROU assets are recorded net of accumulated depreciation of $12.2 million as of June 30, 2019. Other information related to lease terms and discount rates are as follows: June 30, 2019 Weighted Average Remaining Lease Term Operating leases 34.4 years Finance leases 34.3 years Weighted Average Discount Rate Operating leases(1) 7.1% Finance leases 10.2% (1) Upon adoption of the new lease standard, discount rates used for existing operating leases were established on January 1, 2019. The components of lease expense are as follows (in thousands): Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Operating lease cost: Operating lease cost $ 7,599 $ 15,055 Short-term and variable lease cost 1,664 3,638 Finance lease cost: Interest expense on lease liabilities 24,632 49,235 Amortization of ROU assets 2,628 5,139 Total lease cost $ 36,523 $ 73,067 Supplemental cash flow information related to leases is as follows (in thousands): Six Months Ended June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 13,698 Operating cash flows for finance leases $ 43,862 Maturities of lease liabilities are summarized as follows (in thousands): Operating Leases Finance Leases Year ending December 31, 2019 (excluding the six months ended June 30, 2019) $ 14,739 $ 44,348 2020 24,385 89,239 2021 23,279 90,463 2022 22,659 91,744 2023 22,642 92,990 Thereafter 846,612 3,506,672 Total future minimum lease payments 954,316 3,915,456 Less: amount representing interest (662,578 ) (3,369,954 ) Present value of future minimum lease payments 291,738 545,502 Less: current lease obligations (23,294 ) (226 ) Plus: residual values - GLPI — 420,100 Long-term lease obligations $ 268,444 $ 965,376

Revenue Recognition

Revenue Recognition	6 Months Ended
Revenue Recognition	Jun. 30, 2019
Revenue From Contract With Customer [Abstract]
Revenue Recognition	Note 3. Revenue Recognition The Company recognizes as casino revenue the net win from gaming activities, which is the difference between gaming wins and losses, not the total amount wagered. Progressive jackpots are accrued and charged to revenue at the time the obligation to pay the jackpot is established. Gaming revenues are recognized net of certain cash and free play incentives. Pari-mutuel commissions consist of commissions earned from thoroughbred and harness racing and importing of simulcast signals from other race tracks and are recognized at the time wagers are made. Such commissions are a designated portion of the wagering handle as determined by state racing commissions and are shown net of the taxes assessed by state and local agencies, as well as purses and other contractual amounts paid to horsemen associations. The Company recognizes revenues from fees earned through the exporting of simulcast signals to other race tracks at the time wagers are made and recorded on a gross basis. Such fees are based upon a predetermined percentage of handle as contracted with the other race tracks. Hotel, food and beverage services have been determined to be separate, stand-alone performance obligations and are recorded as revenue as the good or service is transferred to the customer over the customer’s stay at the hotel or when the delivery is made for the food and beverage. Advance deposits for future hotel occupancy, convention space or food and beverage services contracts are recorded as deferred income until the revenue recognition criteria has been met. The Company also provides goods and services that may include multiple performance obligations, such as for packages, for which revenues are allocated on a pro rata basis based on each service's stand-alone selling price. The Company offers programs at its properties whereby participating customers can accumulate points for wagering that can be redeemed for credits for free play on slot machines, lodging, food and beverage, merchandise and, in limited situations, cash. The incentives earned by customers under these programs are based on previous revenue transactions and represent separate performance obligations. Points earned, less estimated breakage, are recorded as a reduction of casino revenues at the standalone selling price of the points when earned based upon the retail value of the benefits, historical redemption rates and estimated breakage and recognized as departmental revenue based on where such points are redeemed upon fulfillment of the performance obligation. The player loyalty program liability represents a deferral of revenue until redemption occurs, which is typically less than one year. The Company offers discretionary coupons and other discretionary complimentaries to customers outside of the player loyalty program. The retail value of complimentary food, beverage, hotel rooms and other services provided to customers is recognized as a reduction to the revenues for the department which issued the complimentary and a credit to the revenue for the department redeemed. Complimentaries provided by third parties at the discretion and under the control of the Company is recorded as an expense when incurred. The Company’s consolidated statement of operations presents net revenue disaggregated by type or nature of the good or service (i.e., casino, pari-mutuel, food and beverage, hotel and other). A summary of net revenues disaggregated by type of revenue and reportable segment is presented below (amounts in thousands). Refer to Note 16 for a discussion of the Company’s reportable segments. Three Months Ended June 30, 2019 West Midwest South East Central Corporate and Other Total Casino $ 55,328 $ 85,223 $ 92,533 $ 122,384 $ 97,523 $ — $ 452,991 Pari-mutuel commissions — — 2,339 1,667 — — 4,006 Food and beverage 29,280 5,896 13,057 14,960 12,235 — 75,428 Hotel 34,035 4,100 6,838 24,338 9,173 — 78,484 Other 9,084 2,020 2,170 7,106 3,861 1,971 26,212 Net revenues $ 127,727 $ 97,239 $ 116,937 $ 170,455 $ 122,792 $ 1,971 $ 637,121 Three Months Ended June 30, 2018 West Midwest South East Central Corporate and Other Total Casino $ 57,696 $ 87,448 $ 88,994 $ 109,537 $ — $ — $ 343,675 Pari-mutuel commissions — — 2,590 2,455 — — 5,045 Food and beverage 25,812 6,744 12,583 9,154 — — 54,293 Hotel 26,222 4,418 6,301 1,985 — — 38,926 Other 8,150 1,997 1,774 2,830 — 112 14,863 Net revenues $ 117,880 $ 100,607 $ 112,242 $ 125,961 $ — $ 112 $ 456,802 Six Months Ended June 30, 2019 West Midwest South East Central Corporate and Other Total Casino $ 108,899 $ 170,392 $ 198,351 $ 246,894 $ 195,333 $ — $ 919,869 Pari-mutuel commissions — — 5,870 2,109 — — 7,979 Food and beverage 57,187 11,984 27,765 29,680 24,021 — 150,637 Hotel 61,451 7,723 13,175 44,333 16,493 — 143,175 Other 18,285 3,927 4,490 13,672 7,417 3,493 51,284 Net revenues $ 245,822 $ 194,026 $ 249,651 $ 336,688 $ 243,264 $ 3,493 $ 1,272,944 Six Months Ended June 30, 2018 West Midwest South East Central Corporate and Other Total Casino $ 107,430 $ 175,807 $ 186,503 $ 213,393 $ — $ — $ 683,133 Pari-mutuel commissions — — 5,999 3,116 — — 9,115 Food and beverage 49,023 13,660 26,444 17,364 — — 106,491 Hotel 45,652 8,056 12,292 3,667 — — 69,667 Other 15,354 3,879 3,804 5,312 — 239 28,588 Net revenues $ 217,459 $ 201,402 $ 235,042 $ 242,852 $ — $ 239 $ 896,994 Contract and Contract Related Liabilities The Company records contract or contract-related liabilities related to differences between the timing of cash receipts from the customer and the recognition of revenue. The Company generally has three types of liabilities related to contracts with customers: (1) outstanding chip liability, which represents the amounts owed in exchange for gaming chips held by a customer, (2) player loyalty program obligations, which represents the deferred allocation of revenue relating to player loyalty program incentives earned, as discussed above, and (3) customer deposits and other deferred revenue, which is primarily funds deposited by customers related to gaming play, advance payments on goods and services yet to be provided (such as advance ticket sales and deposits on rooms and convention space or for unpaid wagers), and deferred revenues associated with the Company’s interests in William Hill and TSG (see Note 7 and Note 8). Except for deferred revenues related to William Hill and TSG, these liabilities are generally expected to be recognized as revenue within one year of being purchased, earned, or deposited and are recorded within “Accrued other liabilities” on the Company’s Consolidated Balance Sheets. The following table summarizes the activity related to contract and contract-related liabilities (in thousands): Outstanding Chip Liability Player Loyalty Liability Customer Deposits and Other Deferred Revenue 2019 2018 2019 2018 2019 2018 Balance at January 1 $ 8,930 $ 4,743 $ 17,639 $ 11,752 $ 27,588 $ 5,487 Balance at June 30 7,802 4,948 14,723 10,430 174,287 5,684 Increase / (decrease) $ (1,128 ) $ 205 $ (2,916 ) $ (1,322 ) $ 146,699 $ 197 The June 30, 2019 balances exclude liabilities related to assets held for sale recorded in 2019 (see Note 5). The change in customer deposits and other deferred revenue during the six months ended June 30, 2019 is primarily attributed to the Company’s interests in William Hill, which is recorded in other long-term liabilities on the Consolidated Balance Sheets (see Note 7).

Purchase Price Accounting and P

Purchase Price Accounting and Pro Forma Information	6 Months Ended
Purchase Price Accounting and Pro Forma Information	Jun. 30, 2019
Business Combinations [Abstract]
Purchase Price Accounting and Pro Forma Information	Note 4. Purchase Price Accounting and Pro Forma Information Tropicana Acquisition Summary On April 15, 2018, the Company announced that it had entered into a definitive agreement to acquire Tropicana in a cash transaction valued at $1.9 billion. At the closing of the transaction on October 1, 2018, a subsidiary of the Company merged into Tropicana and Tropicana became a wholly-owned subsidiary of the Company. Immediately prior to the merger, Tropicana sold Tropicana Aruba Resort and Casino and Gaming and Leisure Properties, Inc. (“GLPI”) acquired substantially all of Tropicana’s real estate, other than the real estate underlying MontBleu and Lumière, for approximately $964 million and the Company acquired Tropicana’s operations and certain real estate for $927.3 million. Substantially concurrently with the acquisition of the real estate portfolio by GLPI, the Company also entered into a triple net master lease (see Note 10). The Company funded the purchase of the real estate underlying Lumière with the proceeds of a $246 million loan (see Note 11) and funded the remaining consideration payable with cash on hand at the Company and Tropicana, borrowings under the Company’s revolving credit facility and proceeds from the Company’s offering of $600 million in aggregate principal amount of 6% senior notes due 2026. Transaction expenses related to the Tropicana Acquisition totaled $1.1 million and $2.5 million for the three months ended June 30, 2019 and 2018, respectively, and $2.5 million and $3.5 million for the six months ended June 30, 2019 and 2018, respectively. Preliminary Purchase Price Accounting The total purchase consideration for the Tropicana Acquisition was $927.3 million. The estimated purchase consideration in the acquisition was determined with reference to its acquisition date fair value. Purchase consideration calculation (dollars in thousands) Cash consideration paid $ 640,000 Lumière Loan 246,000 Cash paid to retire Tropicana's long-term debt 35,000 ERI portion of taxes due 6,333 Purchase consideration $ 927,333 The fair values are based on management’s analysis including preliminary work performed by third party valuation specialists, which are subject to finalization and review. The purchase price accounting for Tropicana is preliminary as it relates to determining the fair value of certain assets and liabilities, including goodwill, and is subject to change. N o changes have been recorded since the October 1, 2018 acquisition date. The following table summarizes the preliminary allocation of the purchase consideration to the identifiable assets acquired and liabilities assumed of Tropicana, with the excess recorded as goodwill as of June 30 , 201 9 (dollars in thousands): Current and other assets $ 183,292 Property and equipment 432,758 Property subject to the financing obligation 957,300 Goodwill 220,482 Intangible assets (i) 247,976 Other noncurrent assets 38,276 Total assets 2,080,084 Current liabilities (168,856 ) Financing obligation to GLPI (957,300 ) Noncurrent liabilities (26,595 ) Total liabilities (1,152,751 ) Net assets acquired $ 927,333 (i) Intangible assets consist of gaming licenses valued at $124.9 million, trade names valued at $67.1 million and player loyalty programs valued at $55.9 million. Valuation methodologies under both a market and income approach used for the identifiable net assets acquired in the Tropicana Acquisition make use of Level 3 inputs including discounted cash flows. Trade receivables and payables, inventories and other current and noncurrent assets and liabilities were valued at the existing carrying values as they represented the estimated fair value of those items at the Tropicana Acquisition date. The fair value of land (excluding the real property acquired by GLPI) was determined using the market approach, which arrives at an indication of value by comparing the site being valued to sites that have been recently acquired in arm’s-length transactions. The market data is then adjusted for any significant differences, to the extent known, between the identified comparable sites and the site being valued. Building and site improvements were valued under the cost approach using a direct cost model built on estimates of replacement cost. Personal property assets with an active and identifiable secondary market such as riverboats, gaming equipment, computer equipment and vehicles were valued using the market approach. Other personal property assets such as furniture, fixtures, computer software, and restaurant equipment were valued using the cost approach which is based on replacement or reproduction costs of the asset. The cost approach is an estimation of fair value developed by computing the current cost of replacing a property and subtracting any depreciation resulting from one or more of the following factors: physical deterioration, functional obsolescence, and/or economic obsolescence. The income approach incorporates all tangible and intangible property and served as a ceiling for the fair values of the acquired assets of the ongoing business enterprise, while still taking into account the premise of highest and best use. In the instance where the business enterprise value developed via the income approach was exceeded by the initial fair values of the underlying assets, an adjustment to reflect economic obsolescence was made to the tangible assets on a pro rata basis to reflect the contributory value of each individual asset to the enterprise as a whole. The real estate assets that were sold to GLPI and leased back by the Company were adjusted to fair value concurrently with the acquisition of Tropicana. The fair value of the properties was determined utilizing the direct capitalization method of the income approach. In allocating the fair value to the underlying acquired assets, a fair value for the buildings and improvements was determined using the above mentioned cost approach method. To determine the underlying land value, the extraction method was applied wherein the fair value of the building and improvements was deducted from the fair value of the property as derived from the direct capitalization approach to determine the fair value of the land. The fair value of GLPI’s real estate assets was determined to be $957.3 million. The fair value of the gaming licenses was determined using the multi period excess earnings or replacement cost methodology, based on whether the license resides in gaming jurisdictions where competition is limited to a specified number of licensed gaming operators. The excess earnings methodology is an income approach methodology that estimates the projected cash flows of the business attributable to the gaming license intangible asset, which is net of charges for the use of other identifiable assets of the business including working capital, fixed assets and other intangible assets. Under the respective state’s gaming legislation, the property specific licenses can only be acquired if a theoretical buyer were to acquire each existing facility. The existing licenses could not be acquired and used for a different facility. The properties’ estimated future cash flows were the primary assumption in the respective valuations. Cash flow estimates included net gaming revenue, gaming operating expenses, general and administrative expenses, and tax expense. The replacement cost methodology is a cost approach methodology based on replacement or reproduction cost of the gaming license as an indicator of fair value. The Company has assigned an indefinite useful life to the gaming licenses, in accordance with its review of the applicable guidance of ASC 350. The Company considered, among other things, the expected use of the asset, the expected useful life of other related assets or asset groups, any legal, regulatory, or contractual provisions that may limit the useful life, the Company’s own historical experience in renewing similar arrangements, the effects of obsolescence, demand and other economic factors, and the maintenance expenditures required to obtain the expected cash flows. The Company determined that no legal, regulatory, contractual, competitive, economic or other factors limit the useful lives of these intangible assets. Tropicana had licenses in New Jersey, Missouri, Mississippi, Nevada, Indiana, and Louisiana. The renewal of each state’s gaming license depends on a number of factors, including payment of certain fees and taxes, providing certain information to the state’s gaming regulator, and meeting certain inspection requirements. However, the Company’s historical experience has not indicated, nor does the Company expect, any limitations regarding its ability to continue to renew each license. No other competitive, contractual, or economic factor limits the useful lives of these assets. Accordingly, the Company has concluded that the useful lives of these licenses are indefinite. Trade names are valued using the relief from royalty method, which presumes that without ownership of such trademarks, the Company would have to make a stream of payments to a brand or franchise owner in return for the right to use their name. By virtue of this asset, the Company avoids any such payments and records the related intangible value of the Company’s ownership of the brand name. The primary assumptions in the valuation included revenue, pre-tax royalty rate, and tax expense. The Company has assigned an indefinite useful life to the trade names after considering, among other things, the expected use of the asset, the expected useful life of other related assets or asset groups, any legal, regulatory, or contractual provisions that may limit the useful life, the Company’s own historical experience in renewing similar arrangements, the effects of obsolescence, demand and other economic factors, and the maintenance expenditures required to obtain the expected cash flows. In that analysis, the Company determined that no legal, regulatory, contractual, competitive, economic or other factors limit the useful lives of these intangible assets. Player loyalty programs were valued using the cost approach and the incremental cash flow method under the income approach. The incremental cash flow method is used to estimate the fair value of an intangible asset based on a residual cash flow notion. This method measures the benefits (e.g., cash flows) derived from ownership of an acquired intangible asset as if it were in place, as compared to the acquirer’s expected cash flows as if the intangible asset were not in place (i.e., with-and-without). The residual or net cash flows of the two models is ascribable to the intangible asset. The Company has estimated a 3-year useful life on the player loyalty programs. Goodwill is the result of expected synergies from combining operations of the acquired and acquirer. The goodwill acquired is fully amortizable for tax purposes. For the period from January 1, 2019 through June 30, 2019, Tropicana generated net revenues of $418.2 million and net income of $5.3 million. Elgin Acquisition Summary On August 7, 2018, the Company completed its acquisition of one hundred percent of the partnership interests in Elgin. As a result of the Elgin Acquisition, Elgin became an indirect wholly-owned subsidiary of the Company. The Company purchased Elgin for $327.5 million plus a $1.3 million working capital adjustment. The Elgin Acquisition was financed using cash on hand and borrowings under the Company’s revolving credit facility. Transaction expenses related to the Elgin Acquisition totaled $14 thousand and $736 thousand for the three months ended June 30, 2019 and 2018, respectively and $45 thousand and $1.3 million for the six months ended June 30, 2019 and 2018, respectively. Final Purchase Price Accounting – Elgin The total purchase consideration for the Elgin Acquisition was $328.8 million. The purchase consideration in the acquisition was determined with reference to its acquisition date fair value. Purchase consideration calculation (dollars in thousands) Cash consideration paid $ 327,500 Working capital and other adjustments 1,304 Purchase consideration $ 328,804 The fair values are based on management’s analysis including work performed by third party valuation specialists. No changes were recorded during the six months ended June 30, 2019. The following table summarizes the allocation of the purchase consideration to the identifiable assets acquired and liabilities assumed of Elgin, with the excess recorded as goodwill as of June 30, 2019 (dollars in thousands): Cash and cash equivalents $ 25,349 Property and equipment 60,792 Goodwill 59,774 Intangible assets (i) 205,296 Other noncurrent assets 915 Total assets 352,126 Current liabilities (21,572 ) Noncurrent liabilities (1,750 ) Total liabilities (23,322 ) Net assets acquired $ 328,804 (i) Intangible assets consist of gaming license valued at $163.9 million, trade names valued at $12.6 million and player relationships valued at $28.8 million. Valuation methodologies under both a market and income approach used for the identifiable net assets acquired in the Elgin Acquisition make use of Level 3 inputs including discounted cash flows. Trade receivables and payables, inventories and other current and noncurrent assets and liabilities were valued at the existing carrying values as they represented the estimated fair value of those items at the Elgin Acquisition date. The fair value of land was determined using the market approach, which arrives at an indication of value by comparing the site being valued to sites that have been recently acquired in arm’s-length transactions. The market data is then adjusted for any significant differences, to the extent known, between the identified comparable sites and the site being valued. Building and site improvements were valued under the cost approach using a direct cost model built on estimates of replacement cost. Personal property assets with an active and identifiable secondary market such as riverboats, gaming equipment, computer equipment and vehicles were valued using the market approach. Other personal property assets such as furniture, fixtures, computer software, and restaurant equipment were valued using the cost approach which is based on replacement or reproduction costs of the asset. The cost approach is an estimation of fair value developed by computing the current cost of replacing a property and subtracting any depreciation resulting from one or more of the following factors: physical deterioration, functional obsolescence, and/or economic obsolescence. The income approach incorporates all tangible and intangible property and served as a ceiling for the fair values of the acquired assets of the ongoing business enterprise, while still taking into account the premise of highest and best use. The Company has assigned an indefinite useful life to the gaming licenses, in accordance with its review of the applicable guidance of ASC 350. The fair value of the gaming license was determined using the multi period excess earnings method. The excess earnings methodology, which is an income approach methodology that allocates the projected cash flows of the business to the gaming license intangible assets less charges for the use of other identifiable assets of Elgin including working capital, fixed assets and other intangible assets. This methodology was considered appropriate as the gaming license is the primary asset of Elgin. The property’s estimated future cash flows were the primary assumption in the respective valuations. Cash flow estimates included net gaming revenue, gaming operating expenses, general and administrative expenses, and tax expense. The renewal of the gaming license depends on a number of factors, including payment of certain fees and taxes, providing certain information to the state’s gaming regulator, and meeting certain inspection requirements. However, the Company ’s historical experience has not indicated, nor does the Company expect, any limitations regarding its ability to continue to renew the license. No other competitive, contractual, or economic factor limits the useful lives of this asset. Accordingly, the Company has concluded that the useful life of this license is indefinite. The player loyalty program was valued using the cost approach and the incremental cash flow method under the income approach. The incremental cash flow method is used to estimate the fair value of an intangible asset based on a residual cash flow notion. This method measures the benefits (e.g., cash flows) derived from ownership of an acquired intangible asset as if it were in place, as compared to the acquirer’s expected cash flows as if the intangible asset were not in place (i.e., with-and-without). The residual or net cash flows of the two models is ascribable to the intangible asset. The Company has estimated a 4-year useful life on the player loyalty programs. The trade name was valued using the relief‑from‑royalty method. The primary assumptions in the valuation included revenue, pre-tax royalty rate, and tax expense. The Company has assigned the trade name an indefinite useful life after considering, among other things, the expected use of the asset, the expected useful life of other related assets or asset groups, any legal, regulatory, or contractual provisions that may limit the useful life, the Company’s own historical experience in renewing similar arrangements, the effects of obsolescence, demand and other economic factors, and the maintenance expenditures required to obtain the expected cash flows. In that analysis, the Company determined that no legal, regulatory, contractual, competitive, economic or other factors limit the useful lives of these intangible assets. Goodwill is the result of expected synergies from combining operations of the acquired and acquirer. The goodwill acquired is fully amortizable for tax purposes. For the period from January 1, 2019 through June 30, 2019, Elgin generated net revenues of $76.7 million and net income of $11.4 million. Unaudited Pro Forma Information Tropicana The following unaudited pro forma information presents the results of operations of the Company for the six months ended June 30, 2018, as if only the Tropicana Acquisition had occurred on January 1, 2017 (in thousands). Six Months Ended June 30, 2018 Net operating revenues $ 1,342,436 Net income 47,659 These pro forma results do not necessarily represent the results of operations that would have been achieved if the acquisition had taken place on January 1, 2017, nor are they indicative of the results of operations for future periods. The pro forma amounts include the historical operating results of the Company and Tropicana prior to the Tropicana Acquisition with adjustments directly attributable to the Tropicana Acquisition. Elgin The following unaudited pro forma information presents the results of operations of the Company for the six months ended June 30, 2018, as if only the Elgin Acquisition had occurred on January 1, 2017 (in thousands). Six Months Ended June 30, 2018 Net operating revenues $ 977,241 Net income 64,857 These pro forma results do not necessarily represent the results of operations that would have been achieved if the acquisition had taken place on January 1, 2017, nor are they indicative of the results of operations for future periods. The pro forma amounts include the historical operating results of the Company and Elgin prior to the Elgin Acquisition with adjustments directly attributable to the Elgin Acquisition.

Assets Held for Sale

Assets Held for Sale	6 Months Ended
Assets Held for Sale	Jun. 30, 2019
Discontinued Operations And Disposal Groups [Abstract]
Assets Held for Sale	Note 5. Assets Held for Sale Century Casinos, Inc. and VICI Properties, Inc. On June 17, 2019, the Company entered into definitive agreements to sell the real property relating to Mountaineer, Cape Girardeau, and Caruthersville to VICI Properties, Inc. (“VICI”) for approximately $278 million and, immediately following the consummation of the sale such real property, sell all of the outstanding equity interests of Mountaineer Park, Inc., IOC-Caruthersville, LLC and IOC-Cape Girardeau, LLC to Century Casinos, Inc. for approximately $107 million, subject to a customary working capital adjustment. The divestitures are subject to receipt of required regulatory approvals and other customary closing conditions. The divestitures are expected to close in early 2020 subject to satisfaction of closing conditions. The assets and liabilities held for sale, accounted for at carrying value as it was lower than fair value, were as follows as of June 30, 2019 (in thousands): June 30, 2019 Mountaineer Cape Girardeau Caruthersville Total Assets: Accounts receivable, net $ 4,179 $ 474 $ 279 $ 4,932 Due to affiliates 203 — — 203 Inventories 1,059 742 230 2,031 Prepaid expenses and other 15,796 508 213 16,517 Property and equipment, net 65,752 76,776 15,188 157,716 Goodwill 3,854 18,790 18,275 40,919 Other intangibles, net 44,400 27,788 55,143 127,331 Assets held for sale $ 135,243 $ 125,078 $ 89,328 $ 349,649 Liabilities: Accounts payable $ 1,833 $ 464 $ 133 $ 2,430 Accrued payroll and related 1,465 368 335 2,168 Accrued property and other taxes 1,579 742 324 2,645 Accrued other liabilities 4,314 1,504 560 6,378 Liabilities related to assets held for sale $ 9,191 $ 3,078 $ 1,352 $ 13,621 The following information presents the net operating revenues and net income of Mountaineer, Cape Girardeau, and Caruthersville (in thousands): Three Months ended June 30, 2019 Three Months ended June 30, 2018 Mountaineer Cape Girardeau Caruthersville Mountaineer Cape Girardeau Caruthersville Net operating revenues $ 32,707 $ 14,340 $ 8,651 $ 31,566 $ 15,288 $ 8,927 Net income 2,414 1,578 1,907 870 1,809 1,591 Six Months ended June 30, 2019 Six Months ended June 30, 2018 Mountaineer Cape Girardeau Caruthersville Mountaineer Cape Girardeau Caruthersville Net operating revenues $ 62,873 $ 29,742 $ 17,577 $ 61,256 $ 31,205 $ 17,725 Net income 4,037 3,692 3,687 849 3,556 3,080 Churchill Downs Incorporated On February 28, 2018, the Company entered into definitive agreements to sell substantially all of the assets and liabilities of Presque Isle Downs and Vicksburg to Churchill Downs Incorporated (“CDI”). Under the terms of the agreements, CDI agreed to purchase Presque Isle Downs for cash consideration of approximately $178.9 million and Vicksburg for cash consideration of approximately $50.6 million, in each case subject to a customary working capital adjustment. In conjunction with the classification of Vicksburg’s operations as assets held for sale at June 30, 2018 as a result of the announced sale to CDI, an impairment charge totaling $9.8 million was recorded due to the carrying value exceeding the estimated net sales proceeds. The definitive agreements provided that the divestitures were subject to receipt of required regulatory approvals, termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) and other customary closing conditions, including, in the case of Presque Isle Downs, the prior closing of the sale of Vicksburg or the entry into an agreement to acquire another asset of the Company. On May 7, 2018, the Company and CDI each received a Request for Additional Information and Documentary Materials, often referred to as a “Second Request,” from the Federal Trade Commission in connection with its review of the Vicksburg acquisition. On July 6, 2018, in consideration of the time and expense needed to reply to the Second Request, the Company and CDI entered into a termination agreement and release pursuant to which the parties agreed to terminate the asset purchase agreement with respect to Vicksburg and to enter into an asset purchase agreement pursuant to which CDI would acquire and assume the rights and obligations to operate Nemacolin (the “Vicksburg Termination Agreement”). The Vicksburg Termination Agreement also provided that CDI would pay the Company a $5.0 million termination fee upon execution of a definitive agreement with respect to the Nemacolin transaction, which was recorded as proceeds from terminated sale on the Consolidated Statements of Income. On August 10, 2018, the Company entered into a definitive agreement to sell substantially all of the assets and liabilities of Nemacolin to CDI. Under the terms of the agreement, CDI agreed to purchase Nemacolin for cash consideration of approximately $0.1 million, subject to a customary working capital adjustment. As a result of the agreement to sell Nemacolin, an impairment charge of $3.8 million was recorded in the third quarter of 2018 due to the carrying value of the net property and equipment being sold exceeding the estimated net sales proceeds. The sale of Presque Isle Downs closed on January 11, 2019 resulting in a gain on sale of $22.1 million, net of final working capital adjustments, for the six months ended June 30, 2019. The sale of Nemacolin closed on March 8, 2019 resulting in a gain on sale of $0.1 million, net of final working capital adjustments, for the six months ended June 30, 2019. Prior to the respective closing dates, the divestitures of Nemacolin and Presque Isle Downs, both of which were reported in the East segment, met the requirements for presentation as assets held for sale under generally accepted accounting principles. Due to the termination of the Vicksburg sale, Vicksburg was no longer presented as an asset held for sale as of December 31, 2018. The assets and liabilities held for sale, accounted for at carrying value as it was lower than fair value, were as follows as of December 31, 2018 (in thousands): December 31, 2018 Nemacolin Presque Isle Downs Total Assets: Accounts receivable, net $ 272 $ 2,208 $ 2,480 Inventories 79 1,607 1,686 Prepaid expenses and other 370 773 1,143 Property and equipment, net 1,784 70,134 71,918 Goodwill — 3,122 3,122 Other intangibles, net — 75,422 75,422 Assets held for sale $ 2,505 $ 153,266 $ 155,771 Liabilities: Accounts payable $ 147 $ 683 $ 830 Accrued payroll and related 838 596 1,434 Accrued property and other taxes 552 71 623 Accrued other liabilities 1,628 3,659 5,287 Other long-term liabilities 105 — 105 Long-term obligation 2,412 — 2,412 Liabilities related to assets held for sale $ 5,682 $ 5,009 $ 10,691 The following information presents the net operating revenues and net income (loss) of Presque Isle Downs and Nemacolin prior to the respective divestitures (in thousands): Three Months ended June 30, 2018 Presque Isle Downs Nemacolin Net operating revenues $ 36,876 $ 8,439 Net income (loss) 3,045 (350 ) Six Months ended June 30, 2019 Six Months ended June 30, 2018 Presque Isle Downs Nemacolin Presque Isle Downs Nemacolin Net operating revenues $ 3,235 $ 4,836 $ 70,053 $ 16,933 Net income (loss) (62 ) (754 ) 4,166 (468 ) These amounts include historical operating results, adjusted to eliminate the internal allocation of interest expense that was not be assumed by the buyer.

Stock-Based Compensation and St

Stock-Based Compensation and Stockholder's Equity	6 Months Ended
Stock-Based Compensation and Stockholder's Equity	Jun. 30, 2019
Share Based Compensation [Abstract]
Stock-Based Compensation and Stockholder's Equity	Note 6. Stock-Based Compensation and Stockholder’s Equity Share Repurchase Program In November 2018, the Company’s Board of Directors authorized a $150 million common stock repurchase program (the “Share Repurchase Program”) pursuant to which the Company may, from time to time, repurchase shares of common stock on the open market (either with or without a 10b5-1 plan) or through privately negotiated transactions. The Share Repurchase Program has no time limit and may be suspended or discontinued at any time without notice. There is no minimum number of shares of common stock that the Company is required to repurchase under the Share Repurchase Program. The Company acquired 223,823 shares of common stock at an aggregate value of $9.1 million and an average of $40.80 per share during the year ended December 31, 2018. No shares were repurchased during the six months ended June 30, 2019. Stock-Based Compensation The Company accounts for stock-based compensation in accordance with ASC 718, Compensation—Stock Compensation. Total stock-based compensation expense in the accompanying Consolidated Statements of Income totaled $6.5 million and $3.5 million during the three months ended June 30, 2019 and 2018, respectively, and $11.5 million and $7.2 million during the six months ended June 30, 2019 and 2018, respectively. These amounts are included in corporate expenses and, in the case of certain property positions, general and administrative expenses in the Company’s Consolidated Statements of Income. We recognized an increase in income tax expense of $1.3 million for the three months ended June 30, 2019, related to stock-based compensation. We recognized a reduction in income tax expense of $1.1 million for the three months ended June 30, 2018, for excess tax benefits related to stock-based compensation. We recognized a reduction in income tax expense of $1.3 million and $4.5 million during the six months ended June 30, 2019 and 2018, respectively, for excess tax benefits related to stock-based compensation. A summary of the restricted stock unit (RSU) activity for the six months ended June 30, 2019 is presented in the following table: Restricted Stock Units Units Weighted- Average Grant Date Fair Value (in millions) Unvested outstanding as of December 31, 2018 1,283,372 $ 23.93 Granted (1) 456,363 Vested (516,806 ) Unvested outstanding as of June 30, 2019 1,222,929 $ 34.13 (1) Included are 51,731 RSUs granted to non-employee members of the Board of Directors during the six months ended June 30, 2019. As of June 30, 2019 and 2018, the Company had $27.3 million and $14.3 million, respectively, of unrecognized compensation expense. The RSUs are expected to be recognized over a weighted-average period of 1.72 years and 1.41 years, respectively. There was no ERI stock option activity for the six months ended June 30, 2019. Outstanding options as of June 30, 2019 totaled 135,956, of which 125,331 options were exercisable.

Investments in and Advances to

Investments in and Advances to Unconsolidated Affiliates	6 Months Ended
Investments in and Advances to Unconsolidated Affiliates	Jun. 30, 2019
Equity Method Investments And Joint Ventures [Abstract]
Investments in and Advances to Unconsolidated Affiliates	Note 7. Investments in and Advances to Unconsolidated Affiliates Pompano Joint Venture In April 2018, the Company entered into a joint venture with Cordish Companies (“Cordish”) to master plan and develop a mixed-use entertainment and hospitality destination expected to be located on unused land adjacent to the casino and racetrack at the Company’s Pompano property. As the managing member, Cordish will operate the business and manage the development, construction, financing, marketing, leasing, maintenance and day-to-day operation of the various phases of the project. Additionally, Cordish will be responsible for the development of the master plan for the project with the Company’s input and will submit it for the Company’s review and approval. The Company and Cordish have made cash contributions of $500,000 each and could be required to make additional contributions to a maximum of $2.0 million ($1.0 million per member) at the request of the managing member. The Company has agreed to contribute approximately 130 to 200 acres of land to the joint venture for the project. While the Company holds a 50% variable interest in the joint venture, it is not the primary beneficiary; as such the investment in the joint venture is accounted for using the equity method. The Company will participate evenly with Cordish in the profits and losses of the joint venture, which is included in income (loss) from unconsolidated affiliates on the Consolidated Statements of Income. At June 30, 2019 and December 31, 2018, the Company’s investment in the joint venture totaled $1.2 million and $0.6 million, respectively, recorded in investment in and advances to unconsolidated affiliates on the Consolidated Balance Sheets. William Hill In September 2018, the Company entered into a 25-year agreement, which became effective January 29, 2019, with William Hill PLC and William Hill US, its U.S. subsidiary (together, “William Hill”) pursuant to which the Company (i) granted to William Hill the right to conduct betting activities in retail channels and under the Company’s first skin and third skin for online channels with respect to the Company’s current and future properties located in the United States and the territories and possessions of the United States, including Puerto Rico and the U.S. Virgin Islands and (ii) agreed that William Hill will have the right to conduct real money online gaming activities utilizing the Company’s second skin available with respect to properties in such territory . The Company is accounting for its investment in William Hill US under the equity method. The fair value of the Company’s initial investment in William Hill US of $128.9 million at January 29, 2019 was determined using Level 3 inputs. As of June 30, 2019, the carrying value of the Company’s interest in William Hill US was $129.0 million recorded in investment in and advances to unconsolidated affiliates on the Consolidated Balance Sheets. As of June 30, 2019, the fair value of the William Hill PLC shares totaled $23.0 million, net of an unrealized loss of $4.4 million, and included in other assets, net on the Consolidated Balance Sheets. The Company also recorded deferred revenue associated with the William Hill US and William Hill PLC shares and is recognizing revenue on a straight-line basis over the 25-year agreement term. The Company recognized revenue of $1.5 million and $2.6 million during the three and six months ended June 30, 2019, respectively. As of June 30, 2019, the balance of the William Hill deferred revenue totaled $145.0 million and is recorded in other long-term liabilities on the Consolidated Balance Sheets.

Intangible Assets, Net and Othe

Intangible Assets, Net and Other Long Term Assets	6 Months Ended
Intangible Assets, Net and Other Long Term Assets	Jun. 30, 2019
Other And Intangible Assets Net Disclosure [Abstract]
Intangible Assets, Net and Other Long Term Assets	Note 8. Intangible Assets, net and Other Long-Term Assets Other and intangible assets, net, include the following amounts (in thousands): June 30, December 31, 2019 2018 Useful Life Goodwill $ 967,397 $ 1,008,316 Indefinite Gaming licenses $ 975,272 $ 1,090,682 Indefinite Trade names 176,429 187,929 Indefinite Player loyalty programs 101,005 105,005 3 - 4 years Subtotal 1,252,706 1,383,616 Accumulated amortization player loyalty programs (33,328 ) (21,610 ) Total gaming licenses and other intangible assets, net $ 1,219,378 $ 1,362,006 Gaming licenses represent intangible assets acquired from the purchase of a gaming entity located in a gaming jurisdiction where competition is limited, such as when only a limited number of gaming operators are allowed to operate in the jurisdiction. These gaming license rights are not subject to amortization as the Company has determined that they have indefinite useful lives. Amortization expense with respect to player loyalty programs for the three months ended June 30, 2019 and 2018 totaled $7.7 million and $1.2 million, respectively, and $15.3 million and $2.7 million for the six months ended June 30, 2019 and 2018, respectively, which is included in depreciation and amortization in the Consolidated Statements of Income. Such amortization expense is expected to be $15.3 million for the remainder of 2019 and $27.4 million, $21.2 million and $4.2 million for the years ended December 31, 2020, 2021 and 2022, respectively. Goodwill represents the excess of the purchase prices of acquiring MTR Gaming, Isle, Elgin and Tropicana over the fair market value of the net assets acquired. In conjunction with the classification of Vicksburg’s operations as assets held for sale at June 30, 2018 (see Note 5) as a result of the announced sale to CDI, an impairment charge totaling $9.8 million was recorded due to the carrying value exceeding the estimated net sales proceeds. The impairment reduced the value of goodwill in the South segment in 2018. The June 30, 2019 balances exclude assets held for sale recorded in 2019 (see Note 5), as well as the assets associated with the Presque Isle Downs and Nemacolin divestitures, which accounts for the change in goodwill and indefinite-lived intangible assets. Other Assets, Net Other assets, net, include the following amounts (in thousands): June 30, December 31, 2019 2018 CRDA bonds and deposits, net $ 5,364 $ 6,694 Unamortized debt issuance costs - Revolving Credit Facility 8,462 9,533 Non-operating real property 6,999 17,880 Long-term prepaid rent — 20,198 Restricted cash and investments 32,428 15,064 ROU assets (see Note 2) 286,699 — Other 7,450 14,077 Total other assets, net $ 347,402 $ 83,446 The CRDA bonds have various contractual maturities that range up to 40 Non-operating real property consists principally of land and undeveloped properties for which the Company has designated as non-operating and has declared its intent to sell such assets. As a result of a pending sale offer for certain non-operating real property located in Pennsylvania, the Company recognized an impairment charge of $1.0 million for the six months ended June 30, 2019. Non-operating land totaling $9.8 million associated with Mountaineer is included in assets held for sale as of June 30, 2019. Approximately ten acres of the approximately 20 acres on which Tropicana Evansville is situated is subject to a lease with the City of Evansville, Indiana. Under the terms of the agreement, a pre-payment of lease rent of $25 million was due at the commencement of the construction project. The prepayments will be applied against future rent in equal monthly amounts over a period of 120 months which commenced upon the opening of the property in January 2018. The current term of the lease expires November 30, 2027. As of December 31, 2018 this prepaid rent was included in long-term prepaid rent. However, upon adoption of the new lease accounting guidance the prepaid rent is now included with the Company’s ROU assets. In September 2018, we entered into a 25-year agreement, which became effective January 2019, with William Hill pursuant to which we received 13.4 million ordinary shares of William Hill PLC which carry certain time restrictions on when they can be sold. As of June 30, 2019, the fair value of the William Hill PLC shares totaled $23.0 million, net of an unrealized loss of $4.4 million, and is included in other assets, net on the Consolidated Balance Sheets.

Income Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Note 9. Income Taxes The Company estimates an annual effective income tax rate based on projected results for the year and applies this rate to income before taxes to calculate income tax expense. Any refinements made due to subsequent information that affects the estimated annual effective income tax rate are reflected as adjustments in the current period. For the three and six months ended June 30, 2019, the Company’s tax expense was $10.4 million and $20.8 million, and for the three and six months ended June 30, 2018, the Company’s tax expense was $9.2 million and $11.3 million, respectively As of June 30, 2019, there were no unrecognized tax benefits and the Company does not expect a significant increase or decrease to the total amounts of unrecognized tax benefits within the next twelve months. We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense. The Company and its subsidiaries file US federal income tax returns and various state and local income tax returns. The Company does not have tax sharing agreements with the other members within the consolidated ERI group. With few exceptions, the Company is no longer subject to US federal or state and local tax examinations by tax authorities for years before 2012.

Long-Term Financing Obligation

Long-Term Financing Obligation	6 Months Ended
Long-Term Financing Obligation	Jun. 30, 2019
Leases [Abstract]
Long-Term Financing Obligation	Note 10. Long-Term Financing Obligation As of December 31, 2018, under the prior lease accounting standard the Company’s Master Lease with GLPI was accounted for as a failed sale-leaseback financing obligation equal to the fair value of the leased real estate assets and liabilities acquired in purchase accounting. Upon adoption of ASC 842 (see Note 2), the Company re-evaluated the Master Lease and determined this existing failed sale-leaseback transaction will continue to be accounted for as a financing obligation. The fair value of the real estate assets and the related failed sale-leaseback financing obligations were estimated based on the present value of the estimated future lease payments over the lease term of 35 years, including renewal options, using an imputed discount rate of approximately 10.2%. The value of the failed sale-leaseback financing obligations is dependent upon assumptions regarding the amount of the lease payments and the estimated discount rate of the lease payments required by a market participant. The Master Lease provides for the lease of land, buildings, structures and other improvements on the land (including barges and riverboats), easements and similar appurtenances to the land and improvements relating to the operation of the leased properties. The Master Lease provides for an initial term of fifteen years with no purchase option. At the Company’s option, the Master Lease may be extended for up to four five-year renewal terms beyond the initial 15-year term. If we elect to renew the term of the Master Lease, the renewal will be effective as to all, but not less than all, of the leased property then subject to the Master Lease. The Company does not have the ability to terminate its obligations under the Master Lease prior to its expiration without GLPI’s consent. The rent payable under the Master Lease is comprised of “Base Rent” and “Percentage Rent.” Base rent is the sum of: • Building Base Rent: a fixed component equal to $60.9 million during the first year of the Master Lease, and thereafter escalated annually by 2%, subject to a cap that would cause the preceding year’s adjusted revenue to rent ratio for the properties in the aggregate not to fall below 1.20:1.00 for the first five years of the Master Lease and 1.80:1.00 thereafter; plus • Land Base Rent: an additional fixed component equal to $13.4 million, subject to adjustment in the event of the termination of the Master Lease with respect to any of the leased properties. The percentage rent payable under the Master Lease is adjusted every two years based on the actual net revenues of the leased properties during the two-year period then ended. The initial variable rent, which is fixed for the first two years, is $13.4 million per year. The actual percentage increase is based on actual performance and is subject to change. The initial annual rent under the terms of the lease is approximately $87.6 million. Under the Master Lease, the Company is required to pay the following, among other things: lease payments to the underlying ground lessor for properties that are subject to ground leases, facility maintenance costs, all insurance premiums for insurance with respect to the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties (other than taxes on the income of the lessor and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties). The estimated future lease payments include the minimum lease payments and were adjusted to reflect estimated lease payments as described in the agreements, including an annual escalator of up to 2%. The future minimum payments related to the Master Lease financing obligation with GLPI at June 30, 2019 were as follows (in thousands): 2019 (excluding the six months ended June 30, 2019) $ 44,124 2020 89,168 2021 90,417 2022 91,691 2023 92,990 Thereafter 3,506,672 Total future payments 3,915,062 Less: amounts representing interest at 10.2% (3,369,954 ) Plus: residual values 420,100 Financing obligation to GLPI $ 965,208 Total payments and interest expense related to the Master Lease were $21.9 million and $24.6 million, respectively, for the three months ended June 30, 2019, and $43.8 million and $49.2 million, respectively, for the six months ended June 30, 2019. For the initial periods of the Master Lease, cash payments are less than the interest expense recognized, which causes the failed sale-leaseback obligation to increase during the initial years of the lease term. The Master Lease contains certain covenants, including minimum capital improvement expenditures. As of June 30, 2019, we were in compliance with all of the covenants under the Master Lease.

Long-Term Debt

Long-Term Debt	6 Months Ended
Long-Term Debt	Jun. 30, 2019
Debt Disclosure [Abstract]
Long-Term Debt	Note 11. Long-Term Debt Long‑term debt consisted of the following (in thousands): June 30, December 31, 2019 2018 Term Loan $ 956,750 $ 956,750 Less: Unamortized discount and debt issuance costs (16,948 ) (18,426 ) Net 939,802 938,324 6% Senior Notes due 2026 600,000 600,000 Less: Unamortized debt issuance costs (18,976 ) (19,630 ) Net 581,024 580,370 6% Senior Notes due 2025 875,000 875,000 Plus: Unamortized debt premium 21,874 23,491 Less: Unamortized debt issuance costs (17,192 ) (18,405 ) Net 879,682 880,086 7% Senior Notes due 2023 375,000 375,000 Less: Unamortized discount and debt issuance costs (5,509 ) (6,075 ) Net 369,491 368,925 Revolving Credit Facility — 245,000 Lumière Loan 246,000 246,000 Long-term notes and other payables 2,785 3,030 Less: Current portion (329 ) (462 ) Total long-term debt $ 3,018,455 $ 3,261,273 Amortization of the debt issuance costs and the discount and/or premium associated with our indebtedness totaled $1.9 million and $1.2 million, for the three months ended June 30, 2019 and 2018, respectively, and $3.8 million and $2.5 million, for the six months ended June 30, 2019 and 2018, respectively. Amortization of debt issuance costs is computed using the effective interest method and is included in interest expense. Scheduled maturities of long‑term debt are $0.3 million for the remainder of 2019, $246.2 million in 2020, $0.2 million in 2021, $0.2 million in 2022, $375.1 million in 2023, and $2.4 billion thereafter. Term Loan and Revolving Credit Facility The Company is party to a credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto dated as of April 17, 2017 (as amended the “Credit Facility”), consisting of a $1.45 billion term loan facility (the “Term Loan Facility” or “Term Loan”) and a $500.0 million revolving credit facility (the “Revolving Credit Facility”). As of June 30, 2019, the Company had $956.8 million outstanding on the Term Loan and no outstanding balance under the Revolving Credit Facility. The Company had $483.7 million of available borrowing capacity, after consideration of $16.3 million in outstanding letters of credit under its Revolving Credit Facility as of June 30, 2019. The Company applied approximately $150.0 million of proceeds from the sale of Presque Isle Downs to repay amounts outstanding under the Revolving Credit Facility. Pursuant to the terms of the indentures governing the Company’s senior notes, the Company will be required to make an offer to purchase a portion of its outstanding senior notes with the excess proceeds from such sale unless it applies the net proceeds of such sale to either permanently repay outstanding indebtedness or make specified acquisitions or capital expenditures within 365 days of the sale of Presque Isle Downs. The interest rate per annum applicable to loans under the Revolving Credit Facility are, at our option, either LIBOR plus a margin ranging from 1.75% to 2.50% or a base rate plus a margin from 0.75% to 1.50%, the margin is based on our total leverage ratio. The interest rate per annum applicable to the loans under the Term Loan Facility is, at our option, either LIBOR plus 2.25%, or a base rate plus 1.25%; provided, however, that in no event will LIBOR be less than zero or the base rate be less than 1.00%. Additionally, the Company pays a commitment fee on the unused portion of the Revolving Credit Facility of 0.50% per annum. At June 30, 2019, the weighted average interest rate on the Term Loan was 4.69%. Senior Notes 6% Senior Notes due 2026 On September 20, 2018, Delta Merger Sub, Inc. (“Escrow Issuer”), a Delaware corporation and a wholly-owned subsidiary of the Company, issued $600 million aggregate principal amount of 6.0% senior notes due 2026 (the “6% Senior Notes due 2026”) pursuant to an indenture, dated as of September 20, 2018 (the “2026 Indenture”), between Escrow Issuer and U.S. Bank, National Association, as Trustee. Interest on the 6% Senior Notes due 2026 will be paid every semi-annually in arrears on March 15 and September 15. The 6% Senior Notes due 2026 were general unsecured obligations of Escrow Issuer’s upon issuance and, upon the assumption of such obligations by the Company and the subsidiary guarantors (the “Guarantors”) upon consummation of the Tropicana Acquisition, became general unsecured obligations of the Company and the Guarantors, ranking senior in right of payment to all of the Company’s existing and future debt that is expressly subordinated in right of payment to the 6% Senior Notes due 2026 and the guarantees, ranking equally in right of payment with all of the applicable obligor’s existing and future senior liabilities, including the obligations under the Company’s existing 7% Senior Notes due 2023 and 6% Senior Notes due 2025, and are effectively subordinated to all of the applicable obligor’s existing and future secured debt, including indebtedness under the Company’s Term Loan and Revolving Credit Facility and the Lumière Note (as defined in the 2026 Indenture), in each case, to the extent of the value of the collateral securing such debt. In addition, the 6% Senior Notes due 2026 and the related guarantees are structurally subordinated to all existing and future indebtedness and other liabilities of the Company’s subsidiaries and other entities in which the Company has an equity interest that do not guarantee the 6% Senior Notes due 2026 (other than indebtedness and liabilities owed to the Company or the Guarantors). 6% Senior Notes due 2025 On March 29, 2017, the Company issued at par $375.0 million aggregate principal amount of 6.0% senior notes due 2025 (the “6% Senior Notes due 2025”) pursuant to an indenture, dated as of March 29, 2017 (the “2025 Indenture”), between Eagle II and U.S. Bank, National Association, as Trustee. The 6% Senior Notes due 2025 will mature on April 1, 2025, with interest payable semi-annually in arrears on April 1 and October 1. In connection with the consummation of the Isle Acquisition on May 1, 2017, the Company assumed Eagle II’s obligations under the 6% Senior Notes due 2025 and the 2025 Indenture and certain of the Company’s subsidiaries (including Isle and certain of its subsidiaries) executed guarantees of the Company’s obligations under the 6% Senior Notes due 2025. On September 13, 2017, the Company issued an additional $500.0 million principal amount of its 6% Senior Notes due 2025 at an issue price equal to 105.5% of the principal amount of the 6% Senior Notes due 2025. The additional notes were issued pursuant to the 2025 Indenture that governs the 6% Senior Notes due 2025. The Company used the proceeds of the offering to repay $78.0 million of outstanding borrowings under the previous revolving credit facility and used the remainder to repay $444.5 million outstanding borrowings under the previous term loan facility and related accrued interest. 7% Senior Notes due 2023 On July 23, 2015, the Company issued at par $375.0 million in aggregate principal amount of 7.0% senior notes due 2023 (“7% Senior Notes due 2023”) pursuant to an indenture, dated as of July 23, 2015 (the “2023 Indenture”), between the Company and U.S. Bank, National Association, as Trustee. The 7% Senior Notes due 2023 will mature on August 1, 2023, with interest payable semi-annually in arrears on February 1 and August 1 of each year. Lumière Loan We borrowed $246 million from GLPI to fund the purchase price of the real estate underlying Lumière. The Lumière Loan bears interest at a rate equal to (i) 9.09% until October 1, 2019 and (ii) 9.27% until October 1, 2020, and matures on October 1, 2020. The Lumière Loan is secured by a first priority mortgage on the Lumière real property until October 1, 2019. In connection with the issuance of the Lumière Loan, we agreed to use our commercially reasonable efforts to transfer one or more of the Grand Victoria Casino, Isle Casino Bettendorf, Isle Casino Hotel Waterloo, Isle of Capri Lula, Lady Luck Casino Vicksburg and Mountaineer Casino, Racetrack and Resort or such other property or properties mutually acceptable to us and GLPI, provided that the aggregate value of such property, individually or collectively, is at least $246 million (the “Replacement Property”), to GLPI with a simultaneous leaseback to us of such Replacement Property. In connection with such Replacement Property sale, (i) we and GLPI will enter into an amendment to the Master Lease to revise the economic terms to include the Replacement Property, (ii) GLPI, or one of its affiliates, will assume the Lumière Loan and Tropicana St. Louis RE’s obligations under the Lumière Loan in consideration of the acquisition of the Replacement Property and our obligations under the Lumière Loan will be deemed to have been satisfied, (iii) the Lumière Real Property will be released from the lien placed on it in connection with the Lumière Loan (if such lien has not yet been released in accordance with the terms of the Lumière Loan) and (iv) in the event the value of the Replacement Property is greater than the our outstanding obligations under the Lumière Loan, GLPI will pay us the difference between the value of the Replacement Property and the amount of outstanding obligations under the Lumière Loan. If such Replacement Property transaction is not consummated prior to the maturity date of the Lumière Loan, other than as a result of certain failures to perform by GLPI, then the amounts outstanding will be paid in full and the rent under the Master Lease will automatically increase, subject to certain escalations. Debt Covenant Compliance As of June 30, 2019, we were in compliance with all of the covenants under the 7% Senior Notes due 2023, 6% Senior Notes due 2025, 6% Senior Notes due 2026, the Credit Facility and the Lumière Loan.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 12. Fair Value Measurements Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Accordingly, fair value is a market based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, there is a three‑tier fair value hierarchy, which prioritizes the inputs used in measuring fair values as follows: • Level 1 Inputs : Quoted market prices in active markets for identical assets or liabilities. • Level 2 Inputs : Observable market‑based inputs or unobservable inputs that are corroborated by market data. • Level 3 Inputs : Unobservable inputs that are not corroborated by market data. The following methods and assumptions are used to estimate the fair value of each class of financial instruments for which it is practical to estimate fair value: Cash and Cash Equivalents : Cash equivalents include cash held in money market funds and investments that can be redeemed immediately at the current net asset value per share. A money market fund is a mutual fund whose investments are primarily in short‑term debt securities designed to maximize current income with liquidity and capital preservation, usually maintaining per share net asset value at a constant amount, such as one dollar. Cash and cash equivalents also include cash maintained for gaming operations. The carrying amounts approximate the fair value because of the short maturity of those instruments (Level 1). Restricted Cash and Investments and Other Liabilities related to Restricted Investments : The estimated fair values of our restricted cash and investments are based upon quoted prices available in active markets (Level 1), or quoted prices for similar assets in active and inactive markets (Level 2), or quoted prices available in active markets adjusted for time restrictions related to the sale of the investment (Level 3) and represent the amounts we would expect to receive if we sold our restricted cash and investments. Marketable Securities: Marketable securities consist primarily of trading securities held the Company’s captive insurance subsidiary. The estimated fair values of the Company’s marketable securities are determined on an individual asset basis based upon quoted prices of identical assets available in active markets (Level 1), quoted prices of identical assets in inactive markets, or quoted prices for similar assets in active and inactive markets (Level 2), and represent the amounts we would expect to receive if we sold these marketable securities. Long‑term Debt : The fair value of our long-term debt or other long-term obligations is estimated based on the quoted market price of the underlying debt issue (Level 1) or, when a quoted market price is not available, the discounted cash flow of future payments utilizing current rates available to us for the debt of similar remaining maturities (Level 2). Debt obligations with a short remaining maturity have a carrying amount that approximates fair value. Acquisition‑Related Contingent Considerations : Contingent consideration related to the July 2003 acquisition of Scioto Downs represents the estimate of amounts to be paid to former stockholders of Scioto Downs under certain earn-out provisions. Acquisition related contingent considerations of $0.5 million is included in accrued other liabilities on the Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018 Items Measured at Fair Value on a Recurring Basis : The following table sets forth the assets measured at fair value on a recurring basis, by input level, in the Consolidated Balance Sheets at June 30, 2019 and December 31, 2018 (amounts in thousands): June 30, 2019 Assets: Level 1 Level 2 Level 3 Total Restricted cash and investments $ 14,436 $ 2,247 $ 40,435 $ 57,118 Marketable securities 14,529 8,150 — 22,679 Liabilities: Other liabilities related to restricted investments — — 8,730 8,730 December 31, 2018 Assets: Level 1 Level 2 Level 3 Total Restricted cash and investments $ 19,481 $ 4,467 $ 16,008 $ 39,956 Marketable securities 9,515 7,442 — 16,957 The change in restricted cash and investments valued using Level 3 inputs for the six months ended June 30, 2019 is as follows: Level 3 Investments Level 3 Other Liabilities Fair value of investment and liabilities at December 31, 2018 $ 16,008 $ — Value of additional investment received 27,329 8,774 Unrealized gain (loss) (2,902 ) (44 ) Fair value at June 30, 2019 $ 40,435 $ 8,730 In November 2018, we entered into a 20-year agreement with TSG pursuant to which we agreed to provide TSG with options to obtain access to our second skin for online sports wagering and third skin for real money online gaming and poker, in each case with respect to our properties in the United States. Under the terms of the agreement, we will receive a revenue share from the operation of the applicable verticals by TSG under our licenses. Pursuant to the terms of the TSG agreement, we received 1.1 million TSG common shares, and we will receive an additional $5.0 million in TSG common shares upon the exercise of the first option by TSG. TSG has notified us that they intend to exercise their option with respect to licenses in West Virginia and Indiana. We may also receive additional TSG common shares in the future based on TSG net gaming revenue generated in our markets. The initial 1.1 million shares are subject to a restriction on transfer and may not be sold until November 2019. At June 30, 2019, the fair value of the Company’s shares of TSG totaled $17.5 million and is included in restricted cash and investments on the Consolidated Balance Sheets. Upon entry into the TSG agreement, the Company also recorded deferred revenue associated with the shares received and recognized revenue of $0.3 million and $0.6 million during the three and six months ended June 30, 2019, respectively. As of June 30, 2019, the balance of the TSG deferred revenue totaled $17.9 million and is recorded in other long-term liabilities on the Consolidated Balance Sheets. As part of the agreement with William Hill (see Note 7), the Company is obligated to pay William Hill US 50% of the proceeds received from selling the TSG shares. At June 30, 2019, the estimated obligation was $8.7 million and is included in accrued other liabilities on the Consolidated Balance Sheets. There were no transfers between Level 1 and Level 2 investments. The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands): June 30, 2019 December 31, 2018 Carrying Fair Carrying Fair Amount Value Amount Value Financial liabilities: 7% Senior Notes due 2023 $ 369,491 $ 392,344 $ 368,925 $ 385,312 6% Senior Notes due 2025 879,682 923,125 880,086 840,000 6% Senior Notes due 2026 581,024 654,750 580,370 567,000 Term Loan 939,802 954,358 938,324 916,088 Revolving Credit Facility — — 245,000 245,000 Lumière Loan 246,000 246,000 246,000 246,000 Other long-term debt 2,785 2,785 3,030 3,030

Earnings per Share

Earnings per Share	6 Months Ended
Earnings per Share	Jun. 30, 2019
Earnings Per Share Basic And Diluted [Abstract]
Earnings per Share	Note 13. Earnings per Share The following table illustrates the reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the three and six months ended June 30, 2019 and 2018 (dollars in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Net income available to common stockholders $ 18,936 $ 36,796 $ 57,165 $ 57,651 Shares outstanding: Weighted average shares outstanding – basic 77,682,759 77,458,584 77,625,303 77,406,447 Effect of dilutive securities: Stock options 107,388 131,148 105,885 142,027 RSUs 935,142 668,897 926,364 621,155 Weighted average shares outstanding – diluted 78,725,289 78,258,629 78,657,552 78,169,629 Net income per common share attributable to common stockholders – basic: $ 0.24 $ 0.48 $ 0.74 $ 0.74 Net income per common share attributable to common stockholders – diluted: $ 0.24 $ 0.47 $ 0.73 $ 0.74

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 14. Commitments and Contingencies Litigation. The Company is a party to various legal and administrative proceedings, which have arisen in the normal course of its business. Estimated losses are accrued for these proceedings when the loss is probable and can be estimated. The current liability for the estimated losses associated with these proceedings is not material to the Company’s consolidated financial condition and those estimated losses are not expected to have a material impact on its results of operations. In addition, the Company maintains what it believes is adequate insurance coverage to further mitigate the risks of such proceedings. However, such proceedings can be costly, time consuming and unpredictable and, therefore, no assurance can be given that the final outcome of such proceedings may not materially impact the Company’s consolidated financial condition or results of operations. Further, no assurance can be given that the Company’s existing insurance coverage will be sufficient to cover losses, if any, arising from such proceedings. Agreements with Horsemen and Pari-mutuel Clerks . The Federal Interstate Horse Racing Act and the state racing laws in West Virginia and Ohio require that, in order to simulcast races, we have written agreements with the horse owners and trainers at those racetracks. In addition, in order to operate slot machines in West Virginia, we are required to enter into written agreements regarding the proceeds of the slot machines (a “proceeds agreement”) with a representative of a majority of the horse owners and trainers and with a representative of a majority of the pari‑mutuel clerks. We are required to have a proceeds agreement in effect on July 1 of each year with the horsemen and the pari‑mutuel clerks as a condition to renewal of our video lottery license for such year. If the requisite proceeds agreement is not in place as of July 1 of a particular year, Mountaineer’s application for renewal of its video lottery license could be denied, in which case Mountaineer would not be permitted to operate either its slot machines or table games. In Ohio, we must have an agreement with the representative of the horse owners. We currently have all the requisite agreements in place referenced in this sub section at Mountaineer and Scioto Downs. Certain agreements referenced above may be terminated upon written notice by either party.

Related Affiliates

Related Affiliates	6 Months Ended
Related Affiliates	Jun. 30, 2019
Related Party Transactions [Abstract]
Related Affiliates	Note 15. Related Affiliates REI As of June 30, 2019, Recreational Enterprises, Inc. (“REI”) owned approximately 14.4% of outstanding common stock of the Company. The directors of REI are Company’s Executive Chairman of the Board, Gary L. Carano, its Chief Executive Officer and Board member, Thomas R. Reeg, and its former Senior Vice President of Regional Operations, Gene Carano. In addition, Gary L. Carano also serves as the Vice President of REI and Gene Carano also serves as the Secretary and Treasurer of REI. Members of the Carano family, including Gary L. Carano and Gene Carano, own the equity interests in REI. As such, the Carano family has the ability to significantly influence the affairs of the Company. During the three and six months ended June 30, 2019 and 2018, there were no related party transactions between the Company and the Carano family other than compensation, including salary and equity incentives, and the CSY Lease listed below. C. S. & Y. Associates The Company owns the entire parcel on which Eldorado Reno is located, except for approximately 30,000 square feet which is leased from C. S. & Y. Associates which is an entity partially owned by REI (the “CSY Lease”). The CSY Lease expires on June 30, 2057. Rent pursuant to the CSY Lease is $0.6 million annually and paid quarterly during the year. As of June 30, 2019 and December 31, 2018 there were no amounts due to or from C.S. & Y. Associates.

Segment Information

Segment Information	6 Months Ended
Segment Information	Jun. 30, 2019
Segment Reporting [Abstract]
Segment Information	Note 1 6 . Segment Information The executive decision maker of our Company reviews operating results, assesses performance and makes decisions on a “significant market” basis. Management views each of our casinos as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, and their management and reporting structure. Prior to the Elgin and Tropicana acquisitions, the Company’s principal operating activities occurred in four geographic regions and reportable segments. As referenced in Note 1, following the Elgin and Tropicana acquisitions a fifth segment, Central, was added in the third quarter of 2018. The reportable segments are based on the similar characteristics of the operating segments within the regions in which they operate. These segments are summarized as follows: Segment Property Date Acquired State West Eldorado Reno (a) Nevada Silver Legacy (a) Nevada Circus Reno (a) Nevada MontBleu October 1, 2018 Nevada Laughlin October 1, 2018 Nevada Isle Black Hawk May 1, 2017 Colorado Lady Luck Black Hawk May 1, 2017 Colorado Midwest Waterloo May 1, 2017 Iowa Bettendorf May 1, 2017 Iowa Boonville May 1, 2017 Missouri Cape Girardeau May 1, 2017 (c) Missouri Caruthersville May 1, 2017 (c) Missouri Kansas City May 1, 2017 (c) Missouri South Pompano May 1, 2017 Florida Eldorado Shreveport (a) Louisiana Lake Charles May 1, 2017 Louisiana Baton Rouge October 1, 2018 Louisiana Lula May 1, 2017 Mississippi Vicksburg May 1, 2017 (c) Mississippi Greenville October 1, 2018 Mississippi East Presque Isle Downs (a) (b) Pennsylvania Nemacolin May 1, 2017 (b) Pennsylvania Scioto Downs (a) Ohio Mountaineer (a) (c) West Virginia Trop AC October 1, 2018 New Jersey Central Elgin August 7, 2018 Illinois Lumière October 1, 2018 Missouri Evansville October 1, 2018 Indiana (a) Property was aggregated into segment prior to January 1, 2016. (b) Presque Isle Downs was sold on January 11, 2019 and Nemacolin was sold on March 8, 2019. (c) Property currently pending sale (see Note 5 and Note 18). The following table sets forth, for the periods indicated, certain operating data for our five reportable segments. Three Months Ended Six months ended Ended June 30, Ended June 30, 2019 2018 2019 2018 (in thousands) Revenues and expenses West: Net operating revenues $ 127,727 $ 117,880 $ 245,822 $ 217,459 Depreciation and amortization 13,508 9,382 26,651 17,571 Operating income 20,613 21,865 31,414 32,004 Midwest: Net operating revenues 97,239 100,607 194,026 201,402 Depreciation and amortization 7,714 8,404 16,135 16,049 Operating income 29,012 27,411 56,845 54,087 South: Net operating revenues 116,937 112,242 249,651 235,042 Depreciation and amortization 9,850 8,108 20,865 16,639 Operating income 19,023 20,564 46,538 33,923 East: Net operating revenues 170,455 125,961 336,688 242,852 Depreciation and amortization 12,240 4,717 24,389 10,766 Operating income 35,213 24,397 62,374 43,528 Central: Net operating revenues 122,792 — 243,264 — Depreciation and amortization 11,480 — 22,690 — Operating income 28,033 — 55,103 — Corporate: Net operating revenues 1,971 112 3,493 239 Depreciation and amortization 1,741 1,299 3,560 2,419 Operating income (29,344 ) (16,823 ) (26,120 ) (31,934 ) Total Reportable Segments Net operating revenues $ 637,121 $ 456,802 $ 1,272,944 $ 896,994 Depreciation and amortization $ 56,533 $ 31,910 $ 114,290 $ 63,444 Operating income $ 102,550 $ 77,414 $ 226,154 $ 131,608 Reconciliations to consolidated net income: Operating income $ 102,550 $ 77,414 $ 226,154 $ 131,608 Unallocated income and expenses: Interest expense, net (71,798 ) (31,405 ) (145,308 ) (62,656 ) Unrealized loss on restricted investment (1,398 ) — (2,858 ) — Provision for income taxes (10,418 ) (9,213 ) (20,823 ) (11,301 ) Net income $ 18,936 $ 36,796 $ 57,165 $ 57,651 Six Months Ended June 30, 2019 2018 (in thousands) Capital Expenditures, Net West $ 49,450 $ 29,080 Midwest 9,443 9,384 South 10,098 7,083 East 19,857 6,008 Central 5,308 — Corporate 2,958 3,626 Total $ 97,114 $ 55,181 West Midwest South East Central Corporate, Other & Eliminations Total Balance sheet as of June 30, 2019 (in thousands) Total assets $ 1,839,152 $ 1,309,812 $ 1,156,301 $ 1,986,322 $ 1,519,736 $ (1,729,321 ) $ 6,082,002 Goodwill 220,861 285,679 213,150 173,633 74,074 — 967,397 Balance sheet as of December 31, 2018 Total assets $ 1,710,375 $ 1,245,521 $ 1,068,258 $ 2,166,730 $ 1,457,961 $ (1,737,383 ) $ 5,911,462 Goodwill 220,861 322,745 213,150 177,486 74,074 — 1,008,316

Consolidating Condensed Financi

Consolidating Condensed Financial Information	6 Months Ended
Consolidating Condensed Financial Information	Jun. 30, 2019
Condensed Consolidating Financial Information [Abstract]
Consolidating Condensed Financial Information	Note 17. Consolidating Condensed Financial Information Certain of our wholly-owned subsidiaries have fully and unconditionally guaranteed on a joint and several basis, the payment of all obligations under our 7% Senior Notes due 2023, 6% Senior Notes due 2025, 6% Senior Notes due 2026 and Credit Facility. As of June 30, 2019, following wholly-owned subsidiaries of the Company are guarantors, on a joint and several basis, under the 7% Senior Notes due 2023, 6% Senior Notes due 2025, 6% Senior Notes due 2026 and Credit Facility: Isle of Capri Casinos LLC; Eldorado Holdco LLC; Eldorado Resorts LLC; Eldorado Shreveport #1, LLC; Eldorado Shreveport #2, LLC; Eldorado Casino Shreveport Joint Venture; MTR Gaming Group, Inc.; Mountaineer Park, Inc.; Old PID, Inc. (f/k/a Presque Isle Downs, Inc.); Scioto Downs, Inc.; Eldorado Limited Liability Company; Circus and Eldorado Joint Venture, LLC; CC-Reno, LLC; CCR Newco, LLC; Black Hawk Holdings, L.L.C.; IC Holdings Colorado, Inc.; CCSC/Blackhawk, Inc.; Isle of Capri Black Hawk, L.L.C.; IOC-Black Hawk Distribution Company, LLC; IOC-Black Hawk County, Inc.; Isle of Capri Bettendorf, L.C.; PPI, Inc.; Pompano Park Holdings, L.L.C.; IOC-Lula, Inc.; IOC-Kansas City, Inc.; IOC-Boonville, Inc.; IOC-Caruthersville, LLC; IOC Cape Girardeau, LLC; IOC-Vicksburg, Inc.; IOC-Vicksburg, L.L.C.; Rainbow Casino-Vicksburg Partnership, L.P.; IOC Holdings L.L.C.; St. Charles Gaming Company, L.L.C; Elgin Riverboat Resort–Riverboat Casino; Elgin Holdings I LLC; Elgin Holdings II LLC, PPI Development Holdings LLC; PPI Development LLC; Tropicana Entertainment, Inc.; New Tropicana Holdings, Inc.; New Tropicana OpCo, Inc.; TLH LLC; TropWorld Games LLC; TEI R7 Investment LLC; TEI Management Services LLC; Tropicana St. Louis LLC; TEI (ST. LOUIS RE), LLC; TEI (STLH), LLC; TEI (ES), LLC; Aztar Riverboat Holding Company, LLC; Aztar Indiana Gaming Company, LLC ; New Jazz Enterprises, LLC; Catfish Queen Partnership in Commendam; Centroplex Centre Convention Hotel, L.L.C.; Columbia Properties Tahoe, LLC; MB Development, LLC; Lighthouse Point, LLC; Tropicana Atlantic City Corp,; Tropicana St. Louis RE LLC and Tropicana Laughlin, LLC. Each of the subsidiaries’ guarantees is joint and several with the guarantees of the other subsidiaries. The consolidating condensed balance sheet as of June 30, 2019 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Current assets $ 59,772 $ 617,528 $ 29,796 $ (4,458 ) $ 702,638 Intercompany receivables (93,615 ) 324,986 26,102 (257,473 ) — Investment in and advances to unconsolidated affiliates 128,955 2,427 — — 131,382 Investments in subsidiaries 3,776,532 — — (3,776,532 ) — Property and equipment, net 18,384 2,690,182 5,239 — 2,713,805 Other assets 86,034 2,486,417 17,712 (55,986 ) 2,534,177 Total assets $ 3,976,062 $ 6,121,540 $ 78,849 $ (4,094,449 ) $ 6,082,002 Current liabilities $ 92,313 $ 275,483 $ 19,902 $ (4,458 ) $ 383,240 Intercompany payables 232,473 — 25,000 (257,473 ) — Long-term financing obligation to GLPI — 965,208 — — 965,208 Long-term debt, less current maturities 2,397,286 621,169 — — 3,018,455 Deferred income tax liabilities — 248,114 — (55,986 ) 192,128 Other accrued liabilities 168,472 268,980 — — 437,452 Stockholders’ equity 1,085,518 3,742,586 33,947 (3,776,532 ) 1,085,519 Total liabilities and stockholders’ equity $ 3,976,062 $ 6,121,540 $ 78,849 $ (4,094,449 ) $ 6,082,002 The consolidating condensed balance sheet as of December 31, 2018 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Current assets $ 48,268 $ 497,309 $ 27,619 $ — $ 573,196 Intercompany receivables — 11,885 23,988 (35,873 ) — Investment in and advances to unconsolidated affiliates — 1,892 — — 1,892 Investments in subsidiaries 3,648,961 — — (3,648,961 ) — Property and equipment, net 18,555 2,859,271 4,780 — 2,882,606 Other assets 35,072 2,423,807 26,674 (31,785 ) 2,453,768 Total assets $ 3,750,856 $ 5,794,164 $ 83,061 $ (3,716,619 ) $ 5,911,462 Current liabilities $ 48,579 $ 328,319 $ 25,279 $ — $ 402,177 Intercompany payables 10,873 — 25,000 (35,873 ) — Long-term financing obligation to GLPI — 959,835 — — 959,835 Long-term debt, less current maturities 2,640,046 621,193 34 — 3,261,273 Deferred income tax liabilities — 231,795 — (31,785 ) 200,010 Other accrued liabilities 22,206 36,808 — — 59,014 Stockholders’ equity 1,029,152 3,616,214 32,748 (3,648,961 ) 1,029,153 Total liabilities and stockholders’ equity $ 3,750,856 $ 5,794,164 $ 83,061 $ (3,716,619 ) $ 5,911,462 The consolidating condensed statement of operations for the three months ended June 30, 2019 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — 456,938 $ 59 $ — $ 456,997 Non-gaming 1,785 176,874 1,465 — 180,124 Net revenues 1,785 633,812 1,524 — 637,121 Operating expenses: Gaming and pari-mutuel commissions — 203,240 — — 203,240 Non-gaming — 95,356 — — 95,356 Marketing and promotions — 32,079 1 — 32,080 General and administrative — 117,529 (98 ) — 117,431 Corporate 20,721 155 175 — 21,051 Impairment charges — — — — — Management fee (5,820 ) 5,820 — — — Depreciation and amortization 1,240 55,293 — — 56,533 Total operating expenses 16,141 509,472 78 — 525,691 Gain (loss) on sale or disposal of property and equipment — 81 (447 ) — (366 ) Transaction expenses (6,802 ) (418 ) (72 ) — (7,292 ) (Loss) income from unconsolidated affiliates (1,383 ) 161 — — (1,222 ) Operating (loss) income (22,541 ) 124,164 927 — 102,550 Interest expense, net (35,585 ) (35,725 ) (488 ) — (71,798 ) Unrealized loss on restricted investments (1,398 ) — — — (1,398 ) Subsidiary income (loss) 60,019 — — (60,019 ) — Income (loss) before income taxes 495 88,439 439 (60,019 ) 29,354 Income tax benefit (provision) 18,441 (28,618 ) (241 ) — (10,418 ) Net income (loss) $ 18,936 $ 59,821 $ 198 $ (60,019 ) $ 18,936 The consolidating condensed statement of operations for the three months ended June 30, 2018 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — $ 340,960 $ 7,760 $ — $ 348,720 Non-gaming — 105,555 2,527 — 108,082 Net revenues — 446,515 10,287 — 456,802 Operating expenses: Gaming and pari-mutuel commissions — 164,837 5,108 — 169,945 Non-gaming — 66,092 683 — 66,775 Marketing and promotions — 21,421 411 — 21,832 General and administrative — 71,872 1,873 — 73,745 Corporate 11,259 335 638 — 12,232 Impairment charges — — — — — Management fee (7,030 ) 7,030 — — — Depreciation and amortization 950 30,798 162 — 31,910 Total operating expenses 5,179 362,385 8,875 — 376,439 Gain on sale of asset or disposal of property and equipment — 421 2 — 423 Transaction expenses (3,335 ) (69 ) — — (3,404 ) Equity in income of unconsolidated affiliate — 32 — — 32 Operating (loss) income (8,514 ) 84,514 1,414 — 77,414 Interest expense, net (25,075 ) (5,919 ) (411 ) — (31,405 ) Subsidiary income (loss) 60,771 — — (60,771 ) — Income (loss) before income taxes 27,182 78,595 1,003 (60,771 ) 46,009 Income tax benefit (provision) 9,614 (18,438 ) (389 ) — (9,213 ) Net income (loss) $ 36,796 $ 60,157 $ 614 $ (60,771 ) $ 36,796 The consolidating condensed statement of operations for the six months ended June 30, 2019 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — $ 923,379 $ 4,469 $ — $ 927,848 Non-gaming 3,182 338,376 3,538 — 345,096 Net revenues 3,182 1,261,755 8,007 — 1,272,944 Operating expenses: Gaming and pari-mutuel commissions — 410,382 3,164 — 413,546 Non-gaming — 190,241 399 — 190,640 Marketing and promotions — 64,131 250 — 64,381 General and administrative — 236,078 1,241 — 237,319 Corporate 36,862 684 259 — 37,805 Impairment charges — 958 — — 958 Management fee (10,555 ) 10,555 — — — Depreciation and amortization 2,389 111,901 — — 114,290 Total operating expenses 28,696 1,024,930 5,313 — 1,058,939 Gain on sale or disposal of property and equipment 409 21,477 66 — 21,952 Transaction expenses (8,029 ) (895 ) (262 ) — (9,186 ) (Loss) income from unconsolidated affiliates (729 ) 112 — — (617 ) Operating (loss) income (33,863 ) 257,519 2,498 — 226,154 Interest expense, net (73,016 ) (71,559 ) (733 ) — (145,308 ) Unrealized loss on restricted investments (2,858 ) — — — (2,858 ) Subsidiary income (loss) 132,273 — — (132,273 ) — Income (loss) before income taxes 22,536 185,960 1,765 (132,273 ) 77,988 Income tax benefit (provision) 34,629 (54,883 ) (569 ) — (20,823 ) Net income (loss) $ 57,165 $ 131,077 $ 1,196 $ (132,273 ) $ 57,165 The consolidating condensed statement of operations for the six months ended June 30, 2018 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — $ 676,753 $ 15,495 $ — $ 692,248 Non-gaming — 199,578 5,168 — 204,746 Net revenues — 876,331 20,663 — 896,994 Operating expenses: Gaming and pari-mutuel commissions — 329,140 10,356 — 339,496 Non-gaming — 130,067 1,395 — 131,462 Marketing and promotions — 42,256 877 — 43,133 General and administrative — 144,299 3,648 — 147,947 Corporate 21,553 657 1,591 — 23,801 Impairment charges — 9,815 — — 9,815 Management fee (12,167 ) 12,167 — — — Depreciation and amortization 1,723 61,398 323 — 63,444 Total operating expenses 11,109 729,799 18,190 — 759,098 Gain on sale of asset or disposal of property and equipment — (285 ) 2 — (283 ) Proceeds from terminated sale — — — — — Transaction expenses (5,453 ) (499 ) — — (5,952 ) Equity in loss of unconsolidated affiliate — (53 ) — — (53 ) Operating (loss) income (16,562 ) 145,695 2,475 — 131,608 Interest expense, net (49,507 ) (12,205 ) (944 ) — (62,656 ) Subsidiary income (loss) 104,076 — — (104,076 ) — (Loss) income before income taxes 38,007 133,490 1,531 (104,076 ) 68,952 Income tax benefit (provision) 19,644 (30,741 ) (204 ) — (11,301 ) Income (loss) from continuing operations 57,651 102,749 1,327 (104,076 ) 57,651 Income from discontinued operations, net of taxes — — — — — Net (loss) income $ 57,651 $ 102,749 $ 1,327 $ (104,076 ) $ 57,651 The consolidating condensed statement of cash flows for the six months ended June 30, 2019 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Entries Eldorado Resorts, Inc. Consolidated (in thousands) Net cash provided by (used in) operating activities $ (60,562 ) $ 190,281 $ (1,861 ) $ — $ 127,858 INVESTING ACTIVITIES: Purchase of property and equipment, net (3,015 ) (93,641 ) (458 ) — (97,114 ) Proceeds from sale of property and equipment, net of cash sold 516 169,163 (2,070 ) — 167,609 Sale of restricted investments — — 4,985 — 4,985 Net cash (used in) provided by investing activities (2,499 ) 75,522 2,457 — 75,480 FINANCING ACTIVITIES: Payments under Revolving Credit Facility (245,000 ) — — — (245,000 ) Net proceeds from (payments to) related parties 315,214 (313,099 ) (2,115 ) — — Payments on other long-term payables (48 ) (24 ) (171 ) — (243 ) Debt issuance costs (449 ) — — — (449 ) Taxes paid related to net share settlement of equity awards (7,512 ) — — — (7,512 ) Net cash provided by (used in) financing activities 62,205 (313,123 ) (2,286 ) — (253,204 ) Decrease in cash, cash equivalents and restricted cash (856 ) (47,320 ) (1,690 ) — (49,866 ) Cash, cash equivalents and restricted cash, beginning of period 12,844 222,672 11,175 — 246,691 Cash, cash equivalents and restricted cash, end of period $ 11,988 $ 175,352 $ 9,485 $ — $ 196,825 RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS: Cash and cash equivalents $ 11,988 161,890 9,261 $ — $ 183,139 Restricted cash — 7,034 224 — 7,258 Restricted and escrow cash included in other noncurrent assets — 6,428 — — 6,428 Total cash, cash equivalents and restricted cash $ 11,988 $ 175,352 $ 9,485 $ — $ 196,825 The consolidating condensed statement of cash flows for the six months ended June 30, 2018 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Net cash (used in) provided by operating activities $ (34,171 ) $ 179,830 $ 2,845 $ — $ 148,504 INVESTING ACTIVITIES: Purchase of property and equipment, net (2,246 ) (51,862 ) (1,073 ) — (55,181 ) Proceeds from sale of property and equipment — 840 — — 840 Deposits on acquisitions (15,000 ) — — (15,000 ) Net cash used in investing activities (17,246 ) (51,022 ) (1,073 ) — (69,341 ) FINANCING ACTIVITIES: Net proceeds from (payments to) related parties 128,564 (128,034 ) (530 ) — — Payments on other long-term payables (44 ) (157 ) (143 ) — (344 ) Debt issuance costs (305 ) — — — (305 ) Taxes paid related to net share settlement of equity awards (9,677 ) — — — (9,677 ) Net cash provided by (used in) financing activities 118,538 (128,191 ) (673 ) — (10,326 ) Increase in cash, cash equivalents and restricted cash 67,121 617 1,099 — 68,837 Cash, cash equivalents and restricted cash, beginning of period 13,836 118,483 15,430 — 147,749 Cash, cash equivalents and restricted cash, end of period $ 80,957 $ 119,100 $ 16,529 $ — $ 216,586 RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS: Cash and cash equivalents $ 80,240 $ 114,283 $ 7,493 $ — $ 202,016 Restricted cash 717 3,817 149 — 4,683 Restricted cash included in other noncurrent assets — 1,000 8,887 — 9,887 Total cash, cash equivalents and restricted cash $ 80,957 $ 119,100 $ 16,529 $ — $ 216,586

Pending Acquisitions and Divest

Pending Acquisitions and Divestitures	6 Months Ended
Pending Acquisitions and Divestitures	Jun. 30, 2019
Business Combinations [Abstract]
Pending Acquisitions and Divestitures	Note 18. Pending Acquisitions and Divestitures Caesars Entertainment Corporation On June 24, 2019, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Caesars Entertainment Corporation (“Caesars”) pursuant to which a wholly-owned subsidiary of the Company will merge with and into Caesars, with Caesars surviving as a wholly-owned subsidiary of the Company (the “Merger”) . Based on the terms and subject to the conditions set forth in the Merger Agreement, the aggregate consideration payable by the Company in respect of outstanding shares of common stock of Caesars will be (a) an amount of cash equal to (i) the sum of (A) $8.40 plus (B) if applicable closing conditions set forth in the Merger Agreement are not satisfied by March 25, 2020, an amount equal to $0.003333 for each day (subject to certain exceptions described in the Merger Agreement) from March 25, 2020 until the closing date of the Merger, multiplied by (ii) the number of shares of Caesars common stock outstanding at the effective time of the Merger and (b) a number of shares of common stock of Eldorado equal to 0.0899 multiplied by the number of shares of Caesars common stock outstanding at the effective time of the Merger (such amount per share of Caesars common stock, the “Merger Consideration”). Following the consummation of the Merger, Eldorado and former Caesars stockholders will hold approximately 51% and 49%, respectively, of the combined company's outstanding shares of common stock. The Merger Agreement contains customary representations and warranties by each of Caesars and Eldorado, and each party has agreed to customary covenants. The Merger Agreement also contains termination rights for each of Caesars and Eldorado under certain circumstances. If the Merger Agreement is terminated in certain circumstances relating to changes in the recommendation of the board of directors of Caesars in favor of the Merger, entry by Caesars into an alternative transaction or in certain circumstances following the failure of Caesars stockholders to approve the Merger, Caesars will be required to pay Eldorado a termination fee of approximately $418.4 million. If the Merger Agreement is terminated in certain circumstances relating to changes in the recommendation of the board of directors of Eldorado in favor of the issuance of shares of Eldorado common stock in the Merger or in certain circumstances following the failure of Eldorado stockholders to approve such issuance, then Eldorado will be required to pay Caesars a termination fee of approximately $154.9 million. In addition, each party will be obligated to reimburse the other party’s expenses for an amount not to exceed $50.0 million if the Merger Agreement is terminated because of the failure to obtain the required approval of such party’s stockholders (creditable against any termination fee that may subsequently be paid by such party). The Merger Agreement also provides that Eldorado will be obligated to pay a termination fee of approximately $836.8 million to Caesars if the Merger Agreement is terminated (i) due to a law or order relating to gaming or antitrust laws that prohibits or permanently enjoins the consummation of the transactions, (ii) because the required regulatory approvals were not obtained prior to June 24, 2020 (subject to extension to a date no later than December 24, 2020 pursuant to the Merger Agreement) or (iii) due to Eldorado willfully and materially breaching certain obligations with respect to the actions required to be taken by Eldorado to obtain required antitrust approvals. Consummation of the Merger is subject to the satisfaction or waiver of certain conditions, including, among others, (1) the expiration or termination of any applicable waiting period under the HSR Act, and receipt of required gaming approvals, (2) the absence of any governmental order or law prohibiting the consummation of the Merger, (3) adoption of the Merger Agreement by holders of a majority of the outstanding shares of Caesars common stock, (4) the approval of the issuance of shares of Eldorado common stock in the Merger, (5) the effectiveness of the registration statement for Eldorado common stock to be issued in the Merger and the authorization for listing of those shares on the Nasdaq Stock Market, (6) absence of a material adverse effect on the other party, (7) the accuracy of the other party’s representations and warranties, subject to customary materiality standards, (8) compliance of the other party with its respective covenants under the Merger Agreement in all material respects and (9) conversion or certain amendments of, or another mutually agreed arrangement with respect to, Caesars’ 5.00% convertible senior notes due 2024. In connection with the execution of the Merger Agreement, on June 24, 2019, the Company entered into a debt financing commitment letter pursuant to which the lenders party thereto have committed to arrange and provide (i) the Company with: (w) a $1,000.0 million senior secured revolving credit facility, (x) a $3,000.0 million senior secured term loan B facility, (y) a $3,600.0 million senior secured 364-day bridge facility and (z) a $1,800.0 million senior unsecured bridge loan facility and (ii) a subsidiary of Caesars with a $2,400.0 million senior secured incremental term loan B facility (collectively, the “Debt Financing”). The proceeds of the Debt Financing will be used (a) to pay all or a portion of the cash consideration payable in the Merger, (b) to refinance all of the Company’s existing syndicated bank credit facilities and outstanding senior notes, (c) to refinance certain of Caesars’ and its subsidiaries’ existing debt, (d) to pay transaction fees and expenses related to the Merger and related transactions and (e) for working capital and general corporate purposes. The availability of the borrowings under the Debt Financing is subject to the satisfaction of certain customary conditions including the substantially concurrent closing of the Merger. In connection with the execution of the Merger Agreement, on June 24, 2019, the Company entered into a Master Transaction Agreement (the “MTA”) with VICI Properties L.P., a Delaware limited partnership (“VICI”), pursuant to which, among other things, the Company has agreed, subject to the consummation of the Merger and the other applicable conditions set forth therein and in any related documents, (i) through one or more of its subsidiaries (after giving effect to the Merger) to consummate one or more sale and leaseback transactions with VICI and/or its affiliates with respect to certain property described in the MTA, including Harrah’s New Orleans, Harrah’s Laughlin and Harrah’s Atlantic City (or, under certain circumstances, if necessary, certain replacement properties specified in the MTA), (ii) through one or more of its subsidiaries (after giving effect to the Merger) to amend the CPLV Lease, the Non-CPLV Lease and the Joliet Lease (each as defined in the MTA) in accordance with the terms of the MTA and receive certain consideration from VICI or its affiliates in respect thereof, (iii) to provide a guaranty in respect of each of the CPLV Lease, the Non-CPLV Lease and the Joliet Lease in accordance with the terms of the MTA, (iv) to enter into (or cause its applicable subsidiaries (after giving effect to the Merger) to enter into) certain right of first refusal agreements and a put-call right agreement in accordance with the terms of the MTA and (v) to undertake certain related transactions in connection with or related to the foregoing. The Company expects to apply the proceeds of the VICI transactions to pay a portion of the cash consideration payable in the Merger and transaction expenses associated with the Merger and related transactions. The Company expects that the Merger and related transactions will be consummated in the first half of 2020. Twin River Worldwide Holdings, Inc. On July 10, 2019, we entered into definitive agreements to sell the equity interests of Rainbow Casino Vicksburg Partnership, L.P. and IOC-Kansas City, L.L.C., the entities that hold Isle of Capri Casino Kansas City and Lady Luck Casino Vicksburg, to Twin River Worldwide Holdings, Inc. for cash consideration of approximately $230 million, subject to a working capital adjustment. The definitive agreement provides that the consummation of the sale is subject to satisfaction of customary conditions, including receipt of required regulatory approvals. The transaction is expected to close in early 2020.

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	6 Months Ended
Organization and Basis of Presentation (Policies)	Jun. 30, 2019
Accounting Policies [Abstract]
Reclassifications	Reclassifications Certain reclassifications of prior year presentations have been made to conform to the current period presentation.
Basis of Presentation	Basis of Presentation The accompanying unaudited consolidated financial statements of the Company and its subsidiaries have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by US GAAP for complete financial statements. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments, all of which are normal and recurring, considered necessary for a fair presentation. The results of operations for these interim periods are not necessarily indicative of the operating results for other quarters, for the full year or any future period. The executive decision maker of our Company reviews operating results, assesses performance and makes decisions on a “significant market” basis. Management views each of our casinos as an operating segment. Operating segments are aggregated based on their similar economic characteristics, types of customers, types of services and products provided, and their management and reporting structure. Prior to the Elgin and Tropicana acquisitions, the Company’s principal operating activities occurred in four geographic regions and reportable segments. Following the Elgin and Tropicana acquisitions, a fifth segment, Central, was added. The reportable segments are based on the similar characteristics of the operating segments within the regions in which they operate: West, Midwest, South, East, and Central. (See Note 16 for a listing of properties included in each segment). The presentation of information herein for periods prior to our acquisitions of Elgin and Tropicana and after our acquisitions of Elgin and Tropicana are not fully comparable because the results of operations for Elgin and Tropicana are not included for periods prior to August 7, 2018 and October 1, 2018, respectively. Additionally, the Company closed on its sales of Presque Isle Downs and Nemacolin in January 2019 and March 2019, respectively. (See Note 5). These unaudited consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Pronouncements Implemented in 2019 In February 2016 (as amended through December 2018), the FASB issued ASU No. 2016-02 codified as Accounting Standards Codification (“ASC”) 842, Leases, (“ASC 842”) which addresses the recognition and measurement of leases. Under the new guidance, for all leases, at the commencement date, lessees were required to recognize a lease liability, which is a lessee’s obligation to make lease payments arising from a lease. The liability is measured on a discounted basis. Lessees also recognized a right-of-use (“ROU”) asset, which is an asset that represents the lessee’s right to control the use of a specified asset for the lease term. Under the new guidance, lessor accounting is largely unchanged. The effective date is for the annual and interim periods beginning after December 15, 2018. ASC 842 requires a transition adoption election using either 1) a modified retrospective approach with periods prior to the adoption date being recast or 2) a prospective approach with a cumulative-effect adjustment recognized to the opening balance of retained earnings on the adoption date with prior periods continuing to be reported under prior lease accounting guidance. The Company adopted ASC 842 on January 1, 2019 using the prospective approach, and therefore, comparative periods will continue to be reported under prior lease accounting guidance consistent with previously issued financial statements. We elected the package of practical expedients permitted under the transition guidance within ASC 842, which among other things, allowed us to carry forward the historical lease identification, lease classification and treatment of initial direct costs for leases entered into prior to January 1, 2019. We also made an accounting policy election to not record short-term leases with an initial term of 12 months or less on the balance sheet for all classes of underlying assets. We have also elected to not adopt the hindsight practical expedient for determining lease terms. Our operating leases, in which we are the lessee, are recorded on the balance sheet as a ROU asset with a corresponding lease liability. The lease liability will be remeasured each reporting period with a corresponding change to the ROU asset. The adoption of this guidance did not have an impact on net income; however, upon adoption we recorded a cumulative adjustment to our retained earnings of $4.7 million, net of tax, primarily related to the Company’s lease and management agreements at its Bettendorf location. (See Note 2). Adoption of this guidance did not have a material impact on the Company’s other financing leases. Pronouncements to Be Implemented in Future Periods In June 2016 (modified in November 2018), the FASB issued ASU No 2016-13, Financial Instruments – Credit Losses related to timing on recognizing impairment losses on financial assets. The new guidance lowers the threshold on when losses are incurred, from a determination that a loss is probable to a determination that a loss is expected. The change in guidance will be applicable to our evaluation of the CRDA investments (see Note 8). The guidance is effective for interim and annual periods beginning after December 15, 2019, and early adoption is allowed for interim and annual periods beginning after December 15, 2018. Adoption of the guidance requires a modified-retrospective approach and a cumulative adjustment to retained earnings to the first reporting period that the update is effective. We expect to adopt the new guidance on January 1, 2020 and currently we do not expect a cumulative effect on our Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That is a Service Contract. This amendment aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). This generally means that an intangible asset is recognized for the software license and, to the extent that the payments attributable to the software license are made over time, a liability also is recognized. If a cloud computing arrangement does not include a software license, the entity should account for the arrangement as a service contract. This generally means that the fees associated with the hosting element (service) of the arrangement are expensed as incurred. The amendment is effective for annual and interim periods beginning after December 15, 2019, with early adoption allowed. We expect to adopt the new guidance on January 1, 2020 and are evaluating the qualitative and quantitative effects of the new guidance. We do not believe it will have a significant impact on our Consolidated Financial Statements. In August 2018, the FASB issued ASU No 2018-14, Compensation –Retirement Benefits – Defined Benefit Plans – General. This amendment improves disclosures over defined benefit plans and is effective for interim and annual periods ending after December 15, 2020 with early adoption allowed. We anticipate adopting this amendment during the first quarter of 2021, and do not expect it to have a significant impact on our Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-13, Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. This amendment modifies the disclosure requirements for fair value measurements and is effective for annual and interim periods beginning after December 15, 2019, with early adoption allowed. The Company is evaluating the qualitative and quantitative effect the new guidance will have on our Consolidated Financial Statements.

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Jun. 30, 2019
Leases [Abstract]
Schedule of Leases Recorded on Balance Sheet	Leases recorded on the balance sheet consist of the following (in thousands): Leases Classification on the Balance Sheet June 30, 2019 ASSETS Operating lease ROU assets Other assets, net $ 286,699 Finance lease ROU assets Property and equipment, net(1) $ 945,774 LIABILITIES Current: Operating Accrued other liabilities $ 23,294 Finance Current portion of long-term debt $ 226 Noncurrent: Operating Other long-term liabilities $ 268,444 Finance Long-term financing obligation and debt $ 965,376 (1) Finance lease ROU assets are recorded net of accumulated depreciation of $12.2 million as of June 30, 2019.
Schedule of Other Information Related to Lease Terms and Discount Rates	Other information related to lease terms and discount rates are as follows: June 30, 2019 Weighted Average Remaining Lease Term Operating leases 34.4 years Finance leases 34.3 years Weighted Average Discount Rate Operating leases(1) 7.1% Finance leases 10.2% (1) Upon adoption of the new lease standard, discount rates used for existing operating leases were established on January 1, 2019.
Components of Lease Expense	The components of lease expense are as follows (in thousands): Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Operating lease cost: Operating lease cost $ 7,599 $ 15,055 Short-term and variable lease cost 1,664 3,638 Finance lease cost: Interest expense on lease liabilities 24,632 49,235 Amortization of ROU assets 2,628 5,139 Total lease cost $ 36,523 $ 73,067
Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows (in thousands): Six Months Ended June 30, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 13,698 Operating cash flows for finance leases $ 43,862
Summary of Maturities of Lease Liabilities	Maturities of lease liabilities are summarized as follows (in thousands): Operating Leases Finance Leases Year ending December 31, 2019 (excluding the six months ended June 30, 2019) $ 14,739 $ 44,348 2020 24,385 89,239 2021 23,279 90,463 2022 22,659 91,744 2023 22,642 92,990 Thereafter 846,612 3,506,672 Total future minimum lease payments 954,316 3,915,456 Less: amount representing interest (662,578 ) (3,369,954 ) Present value of future minimum lease payments 291,738 545,502 Less: current lease obligations (23,294 ) (226 ) Plus: residual values - GLPI — 420,100 Long-term lease obligations $ 268,444 $ 965,376

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
Revenue Recognition (Tables)	Jun. 30, 2019
Disaggregation Of Revenue [Line Items]
Summary of Activity Related to Contract and Contract Related Liabilities	The following table summarizes the activity related to contract and contract-related liabilities (in thousands): Outstanding Chip Liability Player Loyalty Liability Customer Deposits and Other Deferred Revenue 2019 2018 2019 2018 2019 2018 Balance at January 1 $ 8,930 $ 4,743 $ 17,639 $ 11,752 $ 27,588 $ 5,487 Balance at June 30 7,802 4,948 14,723 10,430 174,287 5,684 Increase / (decrease) $ (1,128 ) $ 205 $ (2,916 ) $ (1,322 ) $ 146,699 $ 197
Adoption of ASC Topic 606
Disaggregation Of Revenue [Line Items]
Summary of Net Revenues Disaggregated Type of Revenue and Reportable Segment	The Company’s consolidated statement of operations presents net revenue disaggregated by type or nature of the good or service (i.e., casino, pari-mutuel, food and beverage, hotel and other). A summary of net revenues disaggregated by type of revenue and reportable segment is presented below (amounts in thousands). Refer to Note 16 for a discussion of the Company’s reportable segments. Three Months Ended June 30, 2019 West Midwest South East Central Corporate and Other Total Casino $ 55,328 $ 85,223 $ 92,533 $ 122,384 $ 97,523 $ — $ 452,991 Pari-mutuel commissions — — 2,339 1,667 — — 4,006 Food and beverage 29,280 5,896 13,057 14,960 12,235 — 75,428 Hotel 34,035 4,100 6,838 24,338 9,173 — 78,484 Other 9,084 2,020 2,170 7,106 3,861 1,971 26,212 Net revenues $ 127,727 $ 97,239 $ 116,937 $ 170,455 $ 122,792 $ 1,971 $ 637,121 Three Months Ended June 30, 2018 West Midwest South East Central Corporate and Other Total Casino $ 57,696 $ 87,448 $ 88,994 $ 109,537 $ — $ — $ 343,675 Pari-mutuel commissions — — 2,590 2,455 — — 5,045 Food and beverage 25,812 6,744 12,583 9,154 — — 54,293 Hotel 26,222 4,418 6,301 1,985 — — 38,926 Other 8,150 1,997 1,774 2,830 — 112 14,863 Net revenues $ 117,880 $ 100,607 $ 112,242 $ 125,961 $ — $ 112 $ 456,802 Six Months Ended June 30, 2019 West Midwest South East Central Corporate and Other Total Casino $ 108,899 $ 170,392 $ 198,351 $ 246,894 $ 195,333 $ — $ 919,869 Pari-mutuel commissions — — 5,870 2,109 — — 7,979 Food and beverage 57,187 11,984 27,765 29,680 24,021 — 150,637 Hotel 61,451 7,723 13,175 44,333 16,493 — 143,175 Other 18,285 3,927 4,490 13,672 7,417 3,493 51,284 Net revenues $ 245,822 $ 194,026 $ 249,651 $ 336,688 $ 243,264 $ 3,493 $ 1,272,944 Six Months Ended June 30, 2018 West Midwest South East Central Corporate and Other Total Casino $ 107,430 $ 175,807 $ 186,503 $ 213,393 $ — $ — $ 683,133 Pari-mutuel commissions — — 5,999 3,116 — — 9,115 Food and beverage 49,023 13,660 26,444 17,364 — — 106,491 Hotel 45,652 8,056 12,292 3,667 — — 69,667 Other 15,354 3,879 3,804 5,312 — 239 28,588 Net revenues $ 217,459 $ 201,402 $ 235,042 $ 242,852 $ — $ 239 $ 896,994

Purchase Price Accounting and_2

Purchase Price Accounting and Pro Forma Information (Tables)	6 Months Ended
	Jun. 30, 2019
Tropicana Entertainment Inc
Schedule of Purchase Consideration Calculation	The estimated purchase consideration in the acquisition was determined with reference to its acquisition date fair value Purchase consideration calculation (dollars in thousands) Cash consideration paid $ 640,000 Lumière Loan 246,000 Cash paid to retire Tropicana's long-term debt 35,000 ERI portion of taxes due 6,333 Purchase consideration $ 927,333
Summary of Purchase Consideration to Identifiable Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary allocation of the purchase consideration to the identifiable assets acquired and liabilities assumed of Tropicana, with the excess recorded as goodwill as of June 30 , 201 9 (dollars in thousands): Current and other assets $ 183,292 Property and equipment 432,758 Property subject to the financing obligation 957,300 Goodwill 220,482 Intangible assets (i) 247,976 Other noncurrent assets 38,276 Total assets 2,080,084 Current liabilities (168,856 ) Financing obligation to GLPI (957,300 ) Noncurrent liabilities (26,595 ) Total liabilities (1,152,751 ) Net assets acquired $ 927,333 (i) Intangible assets consist of gaming licenses valued at $124.9 million, trade names valued at $67.1 million and player loyalty programs valued at $55.9 million.
Schedule of Unaudited Pro Forma Information	The following unaudited pro forma information presents the results of operations of the Company for the six months ended June 30, 2018, as if only the Tropicana Acquisition had occurred on January 1, 2017 (in thousands). Six Months Ended June 30, 2018 Net operating revenues $ 1,342,436 Net income 47,659
Elgin Acquisition
Schedule of Purchase Consideration Calculation	Purchase consideration calculation (dollars in thousands) Cash consideration paid $ 327,500 Working capital and other adjustments 1,304 Purchase consideration $ 328,804
Summary of Purchase Consideration to Identifiable Assets Acquired and Liabilities Assumed	The following table summarizes the allocation of the purchase consideration to the identifiable assets acquired and liabilities assumed of Elgin, with the excess recorded as goodwill as of June 30, 2019 (dollars in thousands): Cash and cash equivalents $ 25,349 Property and equipment 60,792 Goodwill 59,774 Intangible assets (i) 205,296 Other noncurrent assets 915 Total assets 352,126 Current liabilities (21,572 ) Noncurrent liabilities (1,750 ) Total liabilities (23,322 ) Net assets acquired $ 328,804 (i) Intangible assets consist of gaming license valued at $163.9 million, trade names valued at $12.6 million and player relationships valued at $28.8 million.
Schedule of Unaudited Pro Forma Information	The following unaudited pro forma information presents the results of operations of the Company for the six months ended June 30, 2018, as if only the Elgin Acquisition had occurred on January 1, 2017 (in thousands). Six Months Ended June 30, 2018 Net operating revenues $ 977,241 Net income 64,857

Assets Held for Sale (Tables)

Assets Held for Sale (Tables)	6 Months Ended
Assets Held for Sale (Tables)	Jun. 30, 2019
Mountaineer, Cape Girardeau, and Caruthersville
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Schedule of Assets and Liabilities Held for Sale, Accounted Carrying Value Lower than Fair Value and Information of Net Operating Revenues and Net Income (Loss)	The assets and liabilities held for sale, accounted for at carrying value as it was lower than fair value, were as follows as of June 30, 2019 (in thousands): June 30, 2019 Mountaineer Cape Girardeau Caruthersville Total Assets: Accounts receivable, net $ 4,179 $ 474 $ 279 $ 4,932 Due to affiliates 203 — — 203 Inventories 1,059 742 230 2,031 Prepaid expenses and other 15,796 508 213 16,517 Property and equipment, net 65,752 76,776 15,188 157,716 Goodwill 3,854 18,790 18,275 40,919 Other intangibles, net 44,400 27,788 55,143 127,331 Assets held for sale $ 135,243 $ 125,078 $ 89,328 $ 349,649 Liabilities: Accounts payable $ 1,833 $ 464 $ 133 $ 2,430 Accrued payroll and related 1,465 368 335 2,168 Accrued property and other taxes 1,579 742 324 2,645 Accrued other liabilities 4,314 1,504 560 6,378 Liabilities related to assets held for sale $ 9,191 $ 3,078 $ 1,352 $ 13,621 The following information presents the net operating revenues and net income of Mountaineer, Cape Girardeau, and Caruthersville (in thousands): Three Months ended June 30, 2019 Three Months ended June 30, 2018 Mountaineer Cape Girardeau Caruthersville Mountaineer Cape Girardeau Caruthersville Net operating revenues $ 32,707 $ 14,340 $ 8,651 $ 31,566 $ 15,288 $ 8,927 Net income 2,414 1,578 1,907 870 1,809 1,591 Six Months ended June 30, 2019 Six Months ended June 30, 2018 Mountaineer Cape Girardeau Caruthersville Mountaineer Cape Girardeau Caruthersville Net operating revenues $ 62,873 $ 29,742 $ 17,577 $ 61,256 $ 31,205 $ 17,725 Net income 4,037 3,692 3,687 849 3,556 3,080
Nemacolin and Presque Isle Downs
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Schedule of Assets and Liabilities Held for Sale, Accounted Carrying Value Lower than Fair Value and Information of Net Operating Revenues and Net Income (Loss)	The assets and liabilities held for sale, accounted for at carrying value as it was lower than fair value, were as follows as of December 31, 2018 (in thousands): December 31, 2018 Nemacolin Presque Isle Downs Total Assets: Accounts receivable, net $ 272 $ 2,208 $ 2,480 Inventories 79 1,607 1,686 Prepaid expenses and other 370 773 1,143 Property and equipment, net 1,784 70,134 71,918 Goodwill — 3,122 3,122 Other intangibles, net — 75,422 75,422 Assets held for sale $ 2,505 $ 153,266 $ 155,771 Liabilities: Accounts payable $ 147 $ 683 $ 830 Accrued payroll and related 838 596 1,434 Accrued property and other taxes 552 71 623 Accrued other liabilities 1,628 3,659 5,287 Other long-term liabilities 105 — 105 Long-term obligation 2,412 — 2,412 Liabilities related to assets held for sale $ 5,682 $ 5,009 $ 10,691 The following information presents the net operating revenues and net income (loss) of Presque Isle Downs and Nemacolin prior to the respective divestitures (in thousands): Three Months ended June 30, 2018 Presque Isle Downs Nemacolin Net operating revenues $ 36,876 $ 8,439 Net income (loss) 3,045 (350 ) Six Months ended June 30, 2019 Six Months ended June 30, 2018 Presque Isle Downs Nemacolin Presque Isle Downs Nemacolin Net operating revenues $ 3,235 $ 4,836 $ 70,053 $ 16,933 Net income (loss) (62 ) (754 ) 4,166 (468 )

Stock-Based Compensation and _2

Stock-Based Compensation and Stockholder's Equity (Tables)	6 Months Ended
Stock-Based Compensation and Stockholder's Equity (Tables)	Jun. 30, 2019
Share Based Compensation [Abstract]
Schedule of Share-based Compensation, Restricted Stock Units Activity	A summary of the restricted stock unit (RSU) activity for the six months ended June 30, 2019 is presented in the following table: Restricted Stock Units Units Weighted- Average Grant Date Fair Value (in millions) Unvested outstanding as of December 31, 2018 1,283,372 $ 23.93 Granted (1) 456,363 Vested (516,806 ) Unvested outstanding as of June 30, 2019 1,222,929 $ 34.13 (1) Included are 51,731 RSUs granted to non-employee members of the Board of Directors during the six months ended June 30, 2019.

Intangible Assets, Net and Ot_2

Intangible Assets, Net and Other Long Term Assets (Tables)	6 Months Ended
Intangible Assets, Net and Other Long Term Assets (Tables)	Jun. 30, 2019
Other And Intangible Assets Net Disclosure [Abstract]
Schedule of Other and Intangible Assets, Net	Other and intangible assets, net, include the following amounts (in thousands): June 30, December 31, 2019 2018 Useful Life Goodwill $ 967,397 $ 1,008,316 Indefinite Gaming licenses $ 975,272 $ 1,090,682 Indefinite Trade names 176,429 187,929 Indefinite Player loyalty programs 101,005 105,005 3 - 4 years Subtotal 1,252,706 1,383,616 Accumulated amortization player loyalty programs (33,328 ) (21,610 ) Total gaming licenses and other intangible assets, net $ 1,219,378 $ 1,362,006
Schedule of Other Assets, Net	Other assets, net, include the following amounts (in thousands): June 30, December 31, 2019 2018 CRDA bonds and deposits, net $ 5,364 $ 6,694 Unamortized debt issuance costs - Revolving Credit Facility 8,462 9,533 Non-operating real property 6,999 17,880 Long-term prepaid rent — 20,198 Restricted cash and investments 32,428 15,064 ROU assets (see Note 2) 286,699 — Other 7,450 14,077 Total other assets, net $ 347,402 $ 83,446

Long-Term Financing Obligation

Long-Term Financing Obligation (Tables)	6 Months Ended
Long-Term Financing Obligation (Tables)	Jun. 30, 2019
Leases [Abstract]
Schedule of Future Minimum Payments Related to Master Lease Financing Obligation	The future minimum payments related to the Master Lease financing obligation with GLPI at June 30, 2019 were as follows (in thousands): 2019 (excluding the six months ended June 30, 2019) $ 44,124 2020 89,168 2021 90,417 2022 91,691 2023 92,990 Thereafter 3,506,672 Total future payments 3,915,062 Less: amounts representing interest at 10.2% (3,369,954 ) Plus: residual values 420,100 Financing obligation to GLPI $ 965,208

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
Long-Term Debt (Tables)	Jun. 30, 2019
Debt Disclosure [Abstract]
Summary of Long-term Debt	Long‑term debt consisted of the following (in thousands): June 30, December 31, 2019 2018 Term Loan $ 956,750 $ 956,750 Less: Unamortized discount and debt issuance costs (16,948 ) (18,426 ) Net 939,802 938,324 6% Senior Notes due 2026 600,000 600,000 Less: Unamortized debt issuance costs (18,976 ) (19,630 ) Net 581,024 580,370 6% Senior Notes due 2025 875,000 875,000 Plus: Unamortized debt premium 21,874 23,491 Less: Unamortized debt issuance costs (17,192 ) (18,405 ) Net 879,682 880,086 7% Senior Notes due 2023 375,000 375,000 Less: Unamortized discount and debt issuance costs (5,509 ) (6,075 ) Net 369,491 368,925 Revolving Credit Facility — 245,000 Lumière Loan 246,000 246,000 Long-term notes and other payables 2,785 3,030 Less: Current portion (329 ) (462 ) Total long-term debt $ 3,018,455 $ 3,261,273

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2019
Fair Value Disclosures [Abstract]
Schedule of Assets Measured at Fair Value on a Recurring Basis	Items Measured at Fair Value on a Recurring Basis : The following table sets forth the assets measured at fair value on a recurring basis, by input level, in the Consolidated Balance Sheets at June 30, 2019 and December 31, 2018 (amounts in thousands): June 30, 2019 Assets: Level 1 Level 2 Level 3 Total Restricted cash and investments $ 14,436 $ 2,247 $ 40,435 $ 57,118 Marketable securities 14,529 8,150 — 22,679 Liabilities: Other liabilities related to restricted investments — — 8,730 8,730 December 31, 2018 Assets: Level 1 Level 2 Level 3 Total Restricted cash and investments $ 19,481 $ 4,467 $ 16,008 $ 39,956 Marketable securities 9,515 7,442 — 16,957
Schedule of Change in Restricted Investments Valued Using Level 3 Inputs	The change in restricted cash and investments valued using Level 3 inputs for the six months ended June 30, 2019 is as follows: Level 3 Investments Level 3 Other Liabilities Fair value of investment and liabilities at December 31, 2018 $ 16,008 $ — Value of additional investment received 27,329 8,774 Unrealized gain (loss) (2,902 ) (44 ) Fair value at June 30, 2019 $ 40,435 $ 8,730
Schedule of Estimated Fair Value of Financial Instruments	The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands): June 30, 2019 December 31, 2018 Carrying Fair Carrying Fair Amount Value Amount Value Financial liabilities: 7% Senior Notes due 2023 $ 369,491 $ 392,344 $ 368,925 $ 385,312 6% Senior Notes due 2025 879,682 923,125 880,086 840,000 6% Senior Notes due 2026 581,024 654,750 580,370 567,000 Term Loan 939,802 954,358 938,324 916,088 Revolving Credit Facility — — 245,000 245,000 Lumière Loan 246,000 246,000 246,000 246,000 Other long-term debt 2,785 2,785 3,030 3,030

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
Earnings per Share (Tables)	Jun. 30, 2019
Earnings Per Share Basic And Diluted [Abstract]
Schedule of Reconciliation of the Numerators and Denominators of the Basic and Diluted Net Income Per Share Computations	The following table illustrates the reconciliation of the numerators and denominators of the basic and diluted net income per share computations for the three and six months ended June 30, 2019 and 2018 (dollars in thousands, except per share amounts): Three Months Ended Six Months Ended June 30, June 30, 2019 2018 2019 2018 Net income available to common stockholders $ 18,936 $ 36,796 $ 57,165 $ 57,651 Shares outstanding: Weighted average shares outstanding – basic 77,682,759 77,458,584 77,625,303 77,406,447 Effect of dilutive securities: Stock options 107,388 131,148 105,885 142,027 RSUs 935,142 668,897 926,364 621,155 Weighted average shares outstanding – diluted 78,725,289 78,258,629 78,657,552 78,169,629 Net income per common share attributable to common stockholders – basic: $ 0.24 $ 0.48 $ 0.74 $ 0.74 Net income per common share attributable to common stockholders – diluted: $ 0.24 $ 0.47 $ 0.73 $ 0.74

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
Segment Information (Tables)	Jun. 30, 2019
Segment Reporting [Abstract]
Summary of Reportable Segment	These segments are summarized as follows: Segment Property Date Acquired State West Eldorado Reno (a) Nevada Silver Legacy (a) Nevada Circus Reno (a) Nevada MontBleu October 1, 2018 Nevada Laughlin October 1, 2018 Nevada Isle Black Hawk May 1, 2017 Colorado Lady Luck Black Hawk May 1, 2017 Colorado Midwest Waterloo May 1, 2017 Iowa Bettendorf May 1, 2017 Iowa Boonville May 1, 2017 Missouri Cape Girardeau May 1, 2017 (c) Missouri Caruthersville May 1, 2017 (c) Missouri Kansas City May 1, 2017 (c) Missouri South Pompano May 1, 2017 Florida Eldorado Shreveport (a) Louisiana Lake Charles May 1, 2017 Louisiana Baton Rouge October 1, 2018 Louisiana Lula May 1, 2017 Mississippi Vicksburg May 1, 2017 (c) Mississippi Greenville October 1, 2018 Mississippi East Presque Isle Downs (a) (b) Pennsylvania Nemacolin May 1, 2017 (b) Pennsylvania Scioto Downs (a) Ohio Mountaineer (a) (c) West Virginia Trop AC October 1, 2018 New Jersey Central Elgin August 7, 2018 Illinois Lumière October 1, 2018 Missouri Evansville October 1, 2018 Indiana (a) Property was aggregated into segment prior to January 1, 2016. (b) Presque Isle Downs was sold on January 11, 2019 and Nemacolin was sold on March 8, 2019. (c) Property currently pending sale (see Note 5 and Note 18).
Schedule of Operating Data for Reportable Segments	The following table sets forth, for the periods indicated, certain operating data for our five reportable segments. Three Months Ended Six months ended Ended June 30, Ended June 30, 2019 2018 2019 2018 (in thousands) Revenues and expenses West: Net operating revenues $ 127,727 $ 117,880 $ 245,822 $ 217,459 Depreciation and amortization 13,508 9,382 26,651 17,571 Operating income 20,613 21,865 31,414 32,004 Midwest: Net operating revenues 97,239 100,607 194,026 201,402 Depreciation and amortization 7,714 8,404 16,135 16,049 Operating income 29,012 27,411 56,845 54,087 South: Net operating revenues 116,937 112,242 249,651 235,042 Depreciation and amortization 9,850 8,108 20,865 16,639 Operating income 19,023 20,564 46,538 33,923 East: Net operating revenues 170,455 125,961 336,688 242,852 Depreciation and amortization 12,240 4,717 24,389 10,766 Operating income 35,213 24,397 62,374 43,528 Central: Net operating revenues 122,792 — 243,264 — Depreciation and amortization 11,480 — 22,690 — Operating income 28,033 — 55,103 — Corporate: Net operating revenues 1,971 112 3,493 239 Depreciation and amortization 1,741 1,299 3,560 2,419 Operating income (29,344 ) (16,823 ) (26,120 ) (31,934 ) Total Reportable Segments Net operating revenues $ 637,121 $ 456,802 $ 1,272,944 $ 896,994 Depreciation and amortization $ 56,533 $ 31,910 $ 114,290 $ 63,444 Operating income $ 102,550 $ 77,414 $ 226,154 $ 131,608 Reconciliations to consolidated net income: Operating income $ 102,550 $ 77,414 $ 226,154 $ 131,608 Unallocated income and expenses: Interest expense, net (71,798 ) (31,405 ) (145,308 ) (62,656 ) Unrealized loss on restricted investment (1,398 ) — (2,858 ) — Provision for income taxes (10,418 ) (9,213 ) (20,823 ) (11,301 ) Net income $ 18,936 $ 36,796 $ 57,165 $ 57,651
Schedule of Capital Expenditures, Net for Reportable Segments	Six Months Ended June 30, 2019 2018 (in thousands) Capital Expenditures, Net West $ 49,450 $ 29,080 Midwest 9,443 9,384 South 10,098 7,083 East 19,857 6,008 Central 5,308 — Corporate 2,958 3,626 Total $ 97,114 $ 55,181
Schedule of Balance Sheet Information for Reportable Segments	West Midwest South East Central Corporate, Other & Eliminations Total Balance sheet as of June 30, 2019 (in thousands) Total assets $ 1,839,152 $ 1,309,812 $ 1,156,301 $ 1,986,322 $ 1,519,736 $ (1,729,321 ) $ 6,082,002 Goodwill 220,861 285,679 213,150 173,633 74,074 — 967,397 Balance sheet as of December 31, 2018 Total assets $ 1,710,375 $ 1,245,521 $ 1,068,258 $ 2,166,730 $ 1,457,961 $ (1,737,383 ) $ 5,911,462 Goodwill 220,861 322,745 213,150 177,486 74,074 — 1,008,316

Consolidating Condensed Finan_2

Consolidating Condensed Financial Information (Tables)	6 Months Ended
Consolidating Condensed Financial Information (Tables)	Jun. 30, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Consolidating Condensed Balance Sheet	The consolidating condensed balance sheet as of June 30, 2019 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Current assets $ 59,772 $ 617,528 $ 29,796 $ (4,458 ) $ 702,638 Intercompany receivables (93,615 ) 324,986 26,102 (257,473 ) — Investment in and advances to unconsolidated affiliates 128,955 2,427 — — 131,382 Investments in subsidiaries 3,776,532 — — (3,776,532 ) — Property and equipment, net 18,384 2,690,182 5,239 — 2,713,805 Other assets 86,034 2,486,417 17,712 (55,986 ) 2,534,177 Total assets $ 3,976,062 $ 6,121,540 $ 78,849 $ (4,094,449 ) $ 6,082,002 Current liabilities $ 92,313 $ 275,483 $ 19,902 $ (4,458 ) $ 383,240 Intercompany payables 232,473 — 25,000 (257,473 ) — Long-term financing obligation to GLPI — 965,208 — — 965,208 Long-term debt, less current maturities 2,397,286 621,169 — — 3,018,455 Deferred income tax liabilities — 248,114 — (55,986 ) 192,128 Other accrued liabilities 168,472 268,980 — — 437,452 Stockholders’ equity 1,085,518 3,742,586 33,947 (3,776,532 ) 1,085,519 Total liabilities and stockholders’ equity $ 3,976,062 $ 6,121,540 $ 78,849 $ (4,094,449 ) $ 6,082,002 The consolidating condensed balance sheet as of December 31, 2018 is as follows: Balance Sheet Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Current assets $ 48,268 $ 497,309 $ 27,619 $ — $ 573,196 Intercompany receivables — 11,885 23,988 (35,873 ) — Investment in and advances to unconsolidated affiliates — 1,892 — — 1,892 Investments in subsidiaries 3,648,961 — — (3,648,961 ) — Property and equipment, net 18,555 2,859,271 4,780 — 2,882,606 Other assets 35,072 2,423,807 26,674 (31,785 ) 2,453,768 Total assets $ 3,750,856 $ 5,794,164 $ 83,061 $ (3,716,619 ) $ 5,911,462 Current liabilities $ 48,579 $ 328,319 $ 25,279 $ — $ 402,177 Intercompany payables 10,873 — 25,000 (35,873 ) — Long-term financing obligation to GLPI — 959,835 — — 959,835 Long-term debt, less current maturities 2,640,046 621,193 34 — 3,261,273 Deferred income tax liabilities — 231,795 — (31,785 ) 200,010 Other accrued liabilities 22,206 36,808 — — 59,014 Stockholders’ equity 1,029,152 3,616,214 32,748 (3,648,961 ) 1,029,153 Total liabilities and stockholders’ equity $ 3,750,856 $ 5,794,164 $ 83,061 $ (3,716,619 ) $ 5,911,462
Consolidating Condensed Statements of Operations	The consolidating condensed statement of operations for the three months ended June 30, 2019 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — 456,938 $ 59 $ — $ 456,997 Non-gaming 1,785 176,874 1,465 — 180,124 Net revenues 1,785 633,812 1,524 — 637,121 Operating expenses: Gaming and pari-mutuel commissions — 203,240 — — 203,240 Non-gaming — 95,356 — — 95,356 Marketing and promotions — 32,079 1 — 32,080 General and administrative — 117,529 (98 ) — 117,431 Corporate 20,721 155 175 — 21,051 Impairment charges — — — — — Management fee (5,820 ) 5,820 — — — Depreciation and amortization 1,240 55,293 — — 56,533 Total operating expenses 16,141 509,472 78 — 525,691 Gain (loss) on sale or disposal of property and equipment — 81 (447 ) — (366 ) Transaction expenses (6,802 ) (418 ) (72 ) — (7,292 ) (Loss) income from unconsolidated affiliates (1,383 ) 161 — — (1,222 ) Operating (loss) income (22,541 ) 124,164 927 — 102,550 Interest expense, net (35,585 ) (35,725 ) (488 ) — (71,798 ) Unrealized loss on restricted investments (1,398 ) — — — (1,398 ) Subsidiary income (loss) 60,019 — — (60,019 ) — Income (loss) before income taxes 495 88,439 439 (60,019 ) 29,354 Income tax benefit (provision) 18,441 (28,618 ) (241 ) — (10,418 ) Net income (loss) $ 18,936 $ 59,821 $ 198 $ (60,019 ) $ 18,936 The consolidating condensed statement of operations for the three months ended June 30, 2018 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — $ 340,960 $ 7,760 $ — $ 348,720 Non-gaming — 105,555 2,527 — 108,082 Net revenues — 446,515 10,287 — 456,802 Operating expenses: Gaming and pari-mutuel commissions — 164,837 5,108 — 169,945 Non-gaming — 66,092 683 — 66,775 Marketing and promotions — 21,421 411 — 21,832 General and administrative — 71,872 1,873 — 73,745 Corporate 11,259 335 638 — 12,232 Impairment charges — — — — — Management fee (7,030 ) 7,030 — — — Depreciation and amortization 950 30,798 162 — 31,910 Total operating expenses 5,179 362,385 8,875 — 376,439 Gain on sale of asset or disposal of property and equipment — 421 2 — 423 Transaction expenses (3,335 ) (69 ) — — (3,404 ) Equity in income of unconsolidated affiliate — 32 — — 32 Operating (loss) income (8,514 ) 84,514 1,414 — 77,414 Interest expense, net (25,075 ) (5,919 ) (411 ) — (31,405 ) Subsidiary income (loss) 60,771 — — (60,771 ) — Income (loss) before income taxes 27,182 78,595 1,003 (60,771 ) 46,009 Income tax benefit (provision) 9,614 (18,438 ) (389 ) — (9,213 ) Net income (loss) $ 36,796 $ 60,157 $ 614 $ (60,771 ) $ 36,796 The consolidating condensed statement of operations for the six months ended June 30, 2019 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — $ 923,379 $ 4,469 $ — $ 927,848 Non-gaming 3,182 338,376 3,538 — 345,096 Net revenues 3,182 1,261,755 8,007 — 1,272,944 Operating expenses: Gaming and pari-mutuel commissions — 410,382 3,164 — 413,546 Non-gaming — 190,241 399 — 190,640 Marketing and promotions — 64,131 250 — 64,381 General and administrative — 236,078 1,241 — 237,319 Corporate 36,862 684 259 — 37,805 Impairment charges — 958 — — 958 Management fee (10,555 ) 10,555 — — — Depreciation and amortization 2,389 111,901 — — 114,290 Total operating expenses 28,696 1,024,930 5,313 — 1,058,939 Gain on sale or disposal of property and equipment 409 21,477 66 — 21,952 Transaction expenses (8,029 ) (895 ) (262 ) — (9,186 ) (Loss) income from unconsolidated affiliates (729 ) 112 — — (617 ) Operating (loss) income (33,863 ) 257,519 2,498 — 226,154 Interest expense, net (73,016 ) (71,559 ) (733 ) — (145,308 ) Unrealized loss on restricted investments (2,858 ) — — — (2,858 ) Subsidiary income (loss) 132,273 — — (132,273 ) — Income (loss) before income taxes 22,536 185,960 1,765 (132,273 ) 77,988 Income tax benefit (provision) 34,629 (54,883 ) (569 ) — (20,823 ) Net income (loss) $ 57,165 $ 131,077 $ 1,196 $ (132,273 ) $ 57,165 The consolidating condensed statement of operations for the six months ended June 30, 2018 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Revenues: Gaming and pari-mutuel commissions $ — $ 676,753 $ 15,495 $ — $ 692,248 Non-gaming — 199,578 5,168 — 204,746 Net revenues — 876,331 20,663 — 896,994 Operating expenses: Gaming and pari-mutuel commissions — 329,140 10,356 — 339,496 Non-gaming — 130,067 1,395 — 131,462 Marketing and promotions — 42,256 877 — 43,133 General and administrative — 144,299 3,648 — 147,947 Corporate 21,553 657 1,591 — 23,801 Impairment charges — 9,815 — — 9,815 Management fee (12,167 ) 12,167 — — — Depreciation and amortization 1,723 61,398 323 — 63,444 Total operating expenses 11,109 729,799 18,190 — 759,098 Gain on sale of asset or disposal of property and equipment — (285 ) 2 — (283 ) Proceeds from terminated sale — — — — — Transaction expenses (5,453 ) (499 ) — — (5,952 ) Equity in loss of unconsolidated affiliate — (53 ) — — (53 ) Operating (loss) income (16,562 ) 145,695 2,475 — 131,608 Interest expense, net (49,507 ) (12,205 ) (944 ) — (62,656 ) Subsidiary income (loss) 104,076 — — (104,076 ) — (Loss) income before income taxes 38,007 133,490 1,531 (104,076 ) 68,952 Income tax benefit (provision) 19,644 (30,741 ) (204 ) — (11,301 ) Income (loss) from continuing operations 57,651 102,749 1,327 (104,076 ) 57,651 Income from discontinued operations, net of taxes — — — — — Net (loss) income $ 57,651 $ 102,749 $ 1,327 $ (104,076 ) $ 57,651
Consolidating Condensed Statement of Cash Flows	The consolidating condensed statement of cash flows for the six months ended June 30, 2019 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Entries Eldorado Resorts, Inc. Consolidated (in thousands) Net cash provided by (used in) operating activities $ (60,562 ) $ 190,281 $ (1,861 ) $ — $ 127,858 INVESTING ACTIVITIES: Purchase of property and equipment, net (3,015 ) (93,641 ) (458 ) — (97,114 ) Proceeds from sale of property and equipment, net of cash sold 516 169,163 (2,070 ) — 167,609 Sale of restricted investments — — 4,985 — 4,985 Net cash (used in) provided by investing activities (2,499 ) 75,522 2,457 — 75,480 FINANCING ACTIVITIES: Payments under Revolving Credit Facility (245,000 ) — — — (245,000 ) Net proceeds from (payments to) related parties 315,214 (313,099 ) (2,115 ) — — Payments on other long-term payables (48 ) (24 ) (171 ) — (243 ) Debt issuance costs (449 ) — — — (449 ) Taxes paid related to net share settlement of equity awards (7,512 ) — — — (7,512 ) Net cash provided by (used in) financing activities 62,205 (313,123 ) (2,286 ) — (253,204 ) Decrease in cash, cash equivalents and restricted cash (856 ) (47,320 ) (1,690 ) — (49,866 ) Cash, cash equivalents and restricted cash, beginning of period 12,844 222,672 11,175 — 246,691 Cash, cash equivalents and restricted cash, end of period $ 11,988 $ 175,352 $ 9,485 $ — $ 196,825 RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS: Cash and cash equivalents $ 11,988 161,890 9,261 $ — $ 183,139 Restricted cash — 7,034 224 — 7,258 Restricted and escrow cash included in other noncurrent assets — 6,428 — — 6,428 Total cash, cash equivalents and restricted cash $ 11,988 $ 175,352 $ 9,485 $ — $ 196,825 The consolidating condensed statement of cash flows for the six months ended June 30, 2018 is as follows: Eldorado Resorts, Inc. (Parent Obligor) Guarantor Subsidiaries Non-Guarantor Subsidiaries Consolidating and Eliminating Entries Eldorado Resorts, Inc. Consolidated (in thousands) Net cash (used in) provided by operating activities $ (34,171 ) $ 179,830 $ 2,845 $ — $ 148,504 INVESTING ACTIVITIES: Purchase of property and equipment, net (2,246 ) (51,862 ) (1,073 ) — (55,181 ) Proceeds from sale of property and equipment — 840 — — 840 Deposits on acquisitions (15,000 ) — — (15,000 ) Net cash used in investing activities (17,246 ) (51,022 ) (1,073 ) — (69,341 ) FINANCING ACTIVITIES: Net proceeds from (payments to) related parties 128,564 (128,034 ) (530 ) — — Payments on other long-term payables (44 ) (157 ) (143 ) — (344 ) Debt issuance costs (305 ) — — — (305 ) Taxes paid related to net share settlement of equity awards (9,677 ) — — — (9,677 ) Net cash provided by (used in) financing activities 118,538 (128,191 ) (673 ) — (10,326 ) Increase in cash, cash equivalents and restricted cash 67,121 617 1,099 — 68,837 Cash, cash equivalents and restricted cash, beginning of period 13,836 118,483 15,430 — 147,749 Cash, cash equivalents and restricted cash, end of period $ 80,957 $ 119,100 $ 16,529 $ — $ 216,586 RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS: Cash and cash equivalents $ 80,240 $ 114,283 $ 7,493 $ — $ 202,016 Restricted cash 717 3,817 149 — 4,683 Restricted cash included in other noncurrent assets — 1,000 8,887 — 9,887 Total cash, cash equivalents and restricted cash $ 80,957 $ 119,100 $ 16,529 $ — $ 216,586

Organization and Basis of Pre_3

Organization and Basis of Presentation - Additional information (Details) $ in Millions	Oct. 01, 2020	Sep. 30, 2018Regionsegment	Jun. 30, 2019USD ($)roomMachineGameTerminalaHotelsegment	Jun. 30, 2018Regionsegment	Oct. 01, 2018property
Organization and Basis of Presentation
Number of slot machines \| Machine			1,088
Number of table games \| Game			30
Number of geographic regions \| Region		4		4
Number of reportable segments \| segment		4	5	4
Cumulative adjustmenst to retained earnings, net of tax \| $			$ 4.7
Isle Casino Hotel
Organization and Basis of Presentation
Number of room in hotel			240
Number of slot machines \| Machine			928
Number of table games \| Game			20
Number of table poker room			10
Number of acre owned \| a			10
Lady Luck Casino
Organization and Basis of Presentation
Number of room in hotel			164
Number of slot machines \| Machine			430
Number of table games \| Game			7
Isle Casino Racing Pompano
Organization and Basis of Presentation
Number of slot machines \| Machine			1,454
Number of table poker room			41
Number of acre owned \| a			223
Isle Casino Bettendorf
Organization and Basis of Presentation
Number of room in hotel			509
Number of slot machines \| Machine			972
Number of table games \| Game			14
Isle Casino Waterloo
Organization and Basis of Presentation
Number of room in hotel			194
Number of slot machines \| Machine			917
Number of table games \| Game			23
Isle of Capri Casino Hotel Lake Charles
Organization and Basis of Presentation
Number of room in hotel			493
Number of slot machines \| Machine			1,160
Number of table games \| Game			34
Number of table poker room			11
Number of acre owned \| a			19
Number of hotels \| Hotel			2
Isle of Capri Casino Lula
Organization and Basis of Presentation
Number of room in hotel			486
Number of slot machines \| Machine			869
Number of table games \| Game			17
Number of hotels \| Hotel			2
Lady Luck Casino Vicksburg
Organization and Basis of Presentation
Number of room in hotel			89
Number of slot machines \| Machine			599
Isle of Capri Casino Boonville
Organization and Basis of Presentation
Number of room in hotel			140
Number of slot machines \| Machine			872
Number of table games \| Game			20
Isle Casino Cape Girardeau
Organization and Basis of Presentation
Number of slot machines \| Machine			851
Number of table games \| Game			20
Number of table poker room			4
Lady Luck Casino Caruthersville
Organization and Basis of Presentation
Number of slot machines \| Machine			513
Number of table games \| Game			9
Isle of Capri Casino Kansas City
Organization and Basis of Presentation
Number of slot machines \| Machine			935
Number of table games \| Game			13
Tropicana Casino and Resort - Atlanctic City
Organization and Basis of Presentation
Number of room in hotel			2,364
Number of slot machines \| Machine			2,323
Number of table games \| Game			107
Number of table poker room			18
Number of acre owned \| a			15
Tropicana Evansville
Organization and Basis of Presentation
Number of room in hotel			338
Number of slot machines \| Machine			1,118
Number of table games \| Game			35
Number of table poker room			6
Number of hotels \| Hotel			2
Lumiere Place Casino
Organization and Basis of Presentation
Number of room in hotel			494
Number of slot machines \| Machine			1,385
Number of table games \| Game			46
Number of table poker room			10
Number of acre owned \| a			20
Lumiere Place Casino \| Four Seasonal Hotels
Organization and Basis of Presentation
Number of room in hotel			200
Tropicana Laughlin
Organization and Basis of Presentation
Number of room in hotel			1,487
Number of slot machines \| Machine			917
Number of table games \| Game			13
Mont Bleu Casino Resort & Spa
Organization and Basis of Presentation
Number of room in hotel			438
Number of slot machines \| Machine			425
Number of table games \| Game			17
Number of acre owned \| a			21
Trop Casino Greenville
Organization and Basis of Presentation
Number of room in hotel			40
Number of slot machines \| Machine			600
Number of table games \| Game			4
Belle of Baton Rough
Organization and Basis of Presentation
Number of room in hotel			288
Number of slot machines \| Machine			773
Number of table games \| Game			14
Number of acre owned \| a			23
Eldorado Reno
Organization and Basis of Presentation
Number of room in hotel			814
Number of slot machines \| Machine			1,008
Number of table games \| Game			36
Silver Legacy
Organization and Basis of Presentation
Number of slot machines \| Machine			1,685
Number of table games \| Game			48
Number of rooms in themed hotel			984
Number of table poker room			13
Eldorado Shreveport
Organization and Basis of Presentation
Number of slot machines \| Machine			1,406
Number of table games \| Game			46
Number of table poker room			8
Number of rooms in suite art deco-style hotel			403
Mountaineer
Organization and Basis of Presentation
Number of room in hotel			357
Number of slot machines \| Machine			1,362
Number of table games \| Game			32
Number of table poker room			10
Scioto Downs
Organization and Basis of Presentation
Number of room in hotel			118
Number of video lottery terminals \| Terminal			2,194
Number of acre owned \| a			208
Isle of Capri
Organization and Basis of Presentation
Acquisition date	May 1, 2017
Elgin Acquisition
Organization and Basis of Presentation
Acquisition date			Aug. 7, 2018
Tropicana Entertainment Inc
Organization and Basis of Presentation
Acquisition date			Oct. 1, 2018
Number of properties added to portfolio \| property					7
Circus Reno
Organization and Basis of Presentation
Number of room in hotel			1,571
Number of slot machines \| Machine			567

Leases - Additional information

Leases - Additional information (Details)	6 Months Ended
Leases - Additional information (Details)	Jun. 30, 2019
Lessee Lease Description [Line Items]
Operating lease expected or initial term	12 months
Minimum
Lessee Lease Description [Line Items]
Options to extend lease term	1 month
Maximum
Lessee Lease Description [Line Items]
Options to extend lease term	60 years

Leases - Schedule of Leases Rec

Leases - Schedule of Leases Recorded on Balance Sheet (Details) $ in Thousands	Jun. 30, 2019USD ($)
ASSETS
Operating lease ROU assets	$ 286,699
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsNoncurrent
Finance lease ROU assets	$ 945,774
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:PropertyPlantAndEquipmentNet
LIABILITIES
Operating	$ 23,294
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:OtherAccruedLiabilitiesCurrent
Finance	$ 226
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:LongTermDebtCurrent
Operating	$ 268,444
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent
Finance	$ 965,376
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	eri:LongTermFinancingObligationAndDebt

Leases - Schedule of Leases R_2

Leases - Schedule of Leases Recorded on Balance Sheet (Parenthetical) (Details) $ in Millions	Jun. 30, 2019USD ($)
Leases [Abstract]
Finance lease ROU assets net of accumulated depreciation	$ 12.2

Leases - Schedule of Other Info

Leases - Schedule of Other Information Related to Lease Terms and Discount Rates (Details)	Jun. 30, 2019
Leases [Abstract]
Weighted Average Remaining Lease Term, Operating leases	34 years 4 months 24 days
Weighted Average Remaining Lease Term, Finance leases	34 years 3 months 18 days
Weighted Average Discount Rate, Operating leases	7.10%
Weighted Average Discount Rate, Finance leases	10.20%

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2019
Operating lease cost:
Operating lease cost	$ 7,599	$ 15,055
Short-term and variable lease cost	1,664	3,638
Finance lease cost:
Interest expense on lease liabilities	24,632	49,235
Amortization of ROU assets	2,628	5,139
Total lease cost	$ 36,523	$ 73,067

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Leases (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases	$ 13,698
Operating cash flows for finance leases	$ 43,862

Leases - Summary of Maturities

Leases - Summary of Maturities of Lease Liabilities (Details) $ in Thousands	Jun. 30, 2019USD ($)
Operating Leases
2019 (excluding the six months ended June 30, 2019)	$ 14,739
2020	24,385
2021	23,279
2022	22,659
2023	22,642
Thereafter	846,612
Total future minimum lease payments	954,316
Less: amount representing interest	(662,578)
Present value of future minimum lease payments	291,738
Less: current lease obligations	(23,294)
Long-term lease obligations	268,444
Finance Leases
2019 (excluding the six months ended June 30, 2019)	44,348
2020	89,239
2021	90,463
2022	91,744
2023	92,990
Thereafter	3,506,672
Total future minimum lease payments	3,915,456
Less: amount representing interest	(3,369,954)
Present value of future minimum lease payments	545,502
Less: current lease obligations	(226)
Plus: residual values - GLPI	420,100
Long-term lease obligations	$ 965,376

Revenue Recognition - Summary o

Revenue Recognition - Summary of Net Revenues Disaggregated Type of Revenue and Reportable Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Disaggregation Of Revenue [Line Items]
Net revenues	$ 637,121	$ 456,802	$ 1,272,944	$ 896,994
Casino
Disaggregation Of Revenue [Line Items]
Net revenues	452,991	343,675	919,869	683,133
Pari-mutuel Commissions
Disaggregation Of Revenue [Line Items]
Net revenues	4,006	5,045	7,979	9,115
Food and Beverage
Disaggregation Of Revenue [Line Items]
Net revenues	75,428	54,293	150,637	106,491
Hotel
Disaggregation Of Revenue [Line Items]
Net revenues	78,484	38,926	143,175	69,667
Other
Disaggregation Of Revenue [Line Items]
Net revenues	26,212	14,863	51,284	28,588
Corporate
Disaggregation Of Revenue [Line Items]
Net revenues	1,971	112	3,493	239
Corporate \| Other
Disaggregation Of Revenue [Line Items]
Net revenues	1,971	112	3,493	239
West Segment \| Operating Segment
Disaggregation Of Revenue [Line Items]
Net revenues	127,727	117,880	245,822	217,459
West Segment \| Operating Segment \| Casino
Disaggregation Of Revenue [Line Items]
Net revenues	55,328	57,696	108,899	107,430
West Segment \| Operating Segment \| Food and Beverage
Disaggregation Of Revenue [Line Items]
Net revenues	29,280	25,812	57,187	49,023
West Segment \| Operating Segment \| Hotel
Disaggregation Of Revenue [Line Items]
Net revenues	34,035	26,222	61,451	45,652
West Segment \| Operating Segment \| Other
Disaggregation Of Revenue [Line Items]
Net revenues	9,084	8,150	18,285	15,354
Midwest Segment \| Operating Segment
Disaggregation Of Revenue [Line Items]
Net revenues	97,239	100,607	194,026	201,402
Midwest Segment \| Operating Segment \| Casino
Disaggregation Of Revenue [Line Items]
Net revenues	85,223	87,448	170,392	175,807
Midwest Segment \| Operating Segment \| Food and Beverage
Disaggregation Of Revenue [Line Items]
Net revenues	5,896	6,744	11,984	13,660
Midwest Segment \| Operating Segment \| Hotel
Disaggregation Of Revenue [Line Items]
Net revenues	4,100	4,418	7,723	8,056
Midwest Segment \| Operating Segment \| Other
Disaggregation Of Revenue [Line Items]
Net revenues	2,020	1,997	3,927	3,879
South Segment \| Operating Segment
Disaggregation Of Revenue [Line Items]
Net revenues	116,937	112,242	249,651	235,042
South Segment \| Operating Segment \| Casino
Disaggregation Of Revenue [Line Items]
Net revenues	92,533	88,994	198,351	186,503
South Segment \| Operating Segment \| Pari-mutuel Commissions
Disaggregation Of Revenue [Line Items]
Net revenues	2,339	2,590	5,870	5,999
South Segment \| Operating Segment \| Food and Beverage
Disaggregation Of Revenue [Line Items]
Net revenues	13,057	12,583	27,765	26,444
South Segment \| Operating Segment \| Hotel
Disaggregation Of Revenue [Line Items]
Net revenues	6,838	6,301	13,175	12,292
South Segment \| Operating Segment \| Other
Disaggregation Of Revenue [Line Items]
Net revenues	2,170	1,774	4,490	3,804
East Segment \| Operating Segment
Disaggregation Of Revenue [Line Items]
Net revenues	170,455	125,961	336,688	242,852
East Segment \| Operating Segment \| Casino
Disaggregation Of Revenue [Line Items]
Net revenues	122,384	109,537	246,894	213,393
East Segment \| Operating Segment \| Pari-mutuel Commissions
Disaggregation Of Revenue [Line Items]
Net revenues	1,667	2,455	2,109	3,116
East Segment \| Operating Segment \| Food and Beverage
Disaggregation Of Revenue [Line Items]
Net revenues	14,960	9,154	29,680	17,364
East Segment \| Operating Segment \| Hotel
Disaggregation Of Revenue [Line Items]
Net revenues	24,338	1,985	44,333	3,667
East Segment \| Operating Segment \| Other
Disaggregation Of Revenue [Line Items]
Net revenues	7,106	$ 2,830	13,672	$ 5,312
Central Segment \| Operating Segment
Disaggregation Of Revenue [Line Items]
Net revenues	122,792		243,264
Central Segment \| Operating Segment \| Casino
Disaggregation Of Revenue [Line Items]
Net revenues	97,523		195,333
Central Segment \| Operating Segment \| Food and Beverage
Disaggregation Of Revenue [Line Items]
Net revenues	12,235		24,021
Central Segment \| Operating Segment \| Hotel
Disaggregation Of Revenue [Line Items]
Net revenues	9,173		16,493
Central Segment \| Operating Segment \| Other
Disaggregation Of Revenue [Line Items]
Net revenues	$ 3,861		$ 7,417

Revenue Recognition - Summary_2

Revenue Recognition - Summary of Activity Related to Contract and Contract Related Liabilities (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Outstanding Chip Liability
Disaggregation Of Revenue [Line Items]
Balance at January 1	$ 8,930	$ 4,743
Balance at June 30	7,802	4,948
Increase / (decrease)	(1,128)	205
Player Loyalty Liability
Disaggregation Of Revenue [Line Items]
Balance at January 1	17,639	11,752
Balance at June 30	14,723	10,430
Increase / (decrease)	(2,916)	(1,322)
Customer Deposits and Other Deferred Revenue
Disaggregation Of Revenue [Line Items]
Balance at January 1	27,588	5,487
Balance at June 30	174,287	5,684
Increase / (decrease)	$ 146,699	$ 197

Purchase Price Accounting and_3

Purchase Price Accounting and Pro Forma Information - Tropicana Acquisition - Additional Information (Details) - USD ($) $ in Thousands	Oct. 01, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Sep. 20, 2018	Apr. 15, 2018
6% Senior Notes due 2026
Business Acquisition [Line Items]
Proceeds from issuance of senior notes	$ 600,000
Interest rate (as a percent)	6.00%	6.00%		6.00%		6.00%
Senior notes, maturity year	2026			2026
Tropicana Entertainment Inc
Business Acquisition [Line Items]
Acquisition agreement date				Apr. 15, 2018
Acquisition date				Oct. 1, 2018
Business acquisition, consideration payable		$ 927,333		$ 927,333			$ 1,900,000
Cash consideration paid	$ 640,000
Purchase price of real property	927,300
Business acquisition, transaction costs		$ 1,100	$ 2,500	2,500	$ 3,500
Purchase consideration	927,333
Net revenues generated from the acquisition date				418,200
Net income (loss) generated from the acquisition date				$ 5,300
Tropicana Entertainment Inc \| Player Loyalty Programs
Business Acquisition [Line Items]
Estimated useful life				3 years
Tropicana Entertainment Inc \| Tropicana Aruba Resort, Casino and GLPI
Business Acquisition [Line Items]
Cash consideration paid	964,000
Tropicana Entertainment Inc \| GLPI
Business Acquisition [Line Items]
Loan amount to fund real property	246,000
Fair value of real estate	$ 957,300

Purchase Price Accounting and_4

Purchase Price Accounting and Pro Forma Information - Schedule of Purchase Consideration Calculation (Details) - USD ($) $ in Thousands	Oct. 01, 2018	Aug. 07, 2018
Tropicana Entertainment Inc
Business Acquisition [Line Items]
Cash consideration paid	$ 640,000
Lumière Loan	246,000
Cash paid to retire Tropicana's long-term debt	35,000
ERI portion of taxes due	6,333
Purchase consideration	$ 927,333
Elgin Acquisition
Business Acquisition [Line Items]
Cash consideration paid		$ 327,500
Working capital and other adjustments		1,304
Purchase consideration		$ 328,804

Purchase Price Accounting and_5

Purchase Price Accounting and Pro Forma Information - Summary of Purchase Consideration to Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Apr. 15, 2018
Business Acquisition [Line Items]
Goodwill	$ 967,397	$ 1,008,316
Tropicana Entertainment Inc
Business Acquisition [Line Items]
Current and other assets	183,292
Property and equipment	432,758
Property subject to the financing obligation	957,300
Goodwill	220,482
Intangible assets	247,976
Other noncurrent assets	38,276
Total assets	2,080,084
Current liabilities	(168,856)
Financing obligation to GLPI	(957,300)
Noncurrent liabilities	(26,595)
Total liabilities	(1,152,751)
Net assets acquired	927,333		$ 1,900,000
Elgin Acquisition
Business Acquisition [Line Items]
Cash and cash equivalents	25,349
Property and equipment	60,792
Goodwill	59,774
Intangible assets	205,296
Other noncurrent assets	915
Total assets	352,126
Current liabilities	(21,572)
Noncurrent liabilities	(1,750)
Total liabilities	(23,322)
Net assets acquired	$ 328,804

Purchase Price Accounting and_6

Purchase Price Accounting and Pro Forma Information - Summary of Purchase Consideration to Identifiable Assets Acquired and Liabilities Assumed (Parenthetical) (Details) $ in Thousands	Jun. 30, 2019USD ($)
Tropicana Entertainment Inc
Business Acquisition [Line Items]
Intangible asset acquired	$ 247,976
Tropicana Entertainment Inc \| Player Loyalty Programs
Business Acquisition [Line Items]
Intangible asset acquired	55,900
Tropicana Entertainment Inc \| Gaming licenses
Business Acquisition [Line Items]
Intangible asset acquired	124,900
Tropicana Entertainment Inc \| Trade Names
Business Acquisition [Line Items]
Intangible asset acquired	67,100
Elgin Acquisition
Business Acquisition [Line Items]
Intangible asset acquired	205,296
Elgin Acquisition \| Player Relationships
Business Acquisition [Line Items]
Intangible asset acquired	28,800
Elgin Acquisition \| Gaming licenses
Business Acquisition [Line Items]
Intangible asset acquired	163,900
Elgin Acquisition \| Trade Names
Business Acquisition [Line Items]
Intangible asset acquired	$ 12,600

Purchase Price Accounting and_7

Purchase Price Accounting and Pro Forma Information - Elgin - Additional Information (Details) - Elgin Acquisition - USD ($) $ in Thousands	Aug. 07, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Business Acquisition [Line Items]
Acquisition date				Aug. 7, 2018
Cash consideration paid	$ 327,500
Percentage of partnership interest	100.00%
Working capital and other adjustments	$ 1,304
Business acquisition, transaction costs		$ 14	$ 736	$ 45	$ 1,300
Purchase consideration	$ 328,804
Net revenues generated from the acquisition date				76,700
Net income (loss) generated from the acquisition date				$ 11,400
Player Loyalty Programs
Business Acquisition [Line Items]
Estimated useful life				4 years

Purchase Price Accounting and_8

Purchase Price Accounting and Pro Forma Information - Unaudited Pro Forma Information - (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Tropicana Entertainment Inc
Business Acquisition [Line Items]
Net operating revenues	$ 1,342,436
Net income	47,659
Elgin Acquisition
Business Acquisition [Line Items]
Net operating revenues	977,241
Net income	$ 64,857

Assets Held for Sale - Addition

Assets Held for Sale - Additional information (Details) - USD ($) $ in Thousands	Jul. 06, 2018	Sep. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Jun. 17, 2019	Aug. 10, 2018	Feb. 28, 2018
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Impairment charges			$ 958	$ 9,815
Nemacolin
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (loss) on sale			100
Disposal Group, Held-for-sale, Not Discontinued Operations \| Churchill Downs Incorporated
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Termination fee	$ 5,000
Disposal Group, Held-for-sale, Not Discontinued Operations \| Nemacolin
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash consideration on sale of assets and liabilities						$ 100
Impairment charge of net assets being sold		$ 3,800
Vicksburg's \| Churchill Downs Incorporated
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Impairment charges			9,800
Mountaineer, Cape Girardeau, and Caruthersville \| Disposal Group, Held-for-sale, Not Discontinued Operations \| VICI Properties Inc
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Consideration for real property					$ 278,000
Mountaineer, Cape Girardeau, and Caruthersville \| Disposal Group, Held-for-sale, Not Discontinued Operations \| Century Casinos, Inc
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Consideration for equity interests					$ 107,000
Presque Isle Downs
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Gain (loss) on sale			$ 22,100
Presque Isle Downs \| Disposal Group, Held-for-sale, Not Discontinued Operations
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash consideration on sale of assets and liabilities							$ 178,900
Vicksburg \| Disposal Group, Held-for-sale, Not Discontinued Operations
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash consideration on sale of assets and liabilities							$ 50,600

Assets Held for Sale - Schedule

Assets Held for Sale - Schedule of Assets and Liabilities Held for Sale, Accounted Carrying Value Lower than Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Assets held for sale	$ 349,649	$ 155,771
Liabilities:
Liabilities related to assets held for sale	13,621	10,691
Mountaineer \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net	4,179
Due to affiliates	203
Inventories	1,059
Prepaid expenses and other	15,796
Property and equipment, net	65,752
Goodwill	3,854
Other intangibles, net	44,400
Assets held for sale	135,243
Liabilities:
Accounts payable	1,833
Accrued payroll and related	1,465
Accrued property and other taxes	1,579
Accrued other liabilities	4,314
Liabilities related to assets held for sale	9,191
Cape Girardeau \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net	474
Inventories	742
Prepaid expenses and other	508
Property and equipment, net	76,776
Goodwill	18,790
Other intangibles, net	27,788
Assets held for sale	125,078
Liabilities:
Accounts payable	464
Accrued payroll and related	368
Accrued property and other taxes	742
Accrued other liabilities	1,504
Liabilities related to assets held for sale	3,078
Caruthersville \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net	279
Inventories	230
Prepaid expenses and other	213
Property and equipment, net	15,188
Goodwill	18,275
Other intangibles, net	55,143
Assets held for sale	89,328
Liabilities:
Accounts payable	133
Accrued payroll and related	335
Accrued property and other taxes	324
Accrued other liabilities	560
Liabilities related to assets held for sale	1,352
Mountaineer, Cape Girardeau, and Caruthersville \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net	4,932
Due to affiliates	203
Inventories	2,031
Prepaid expenses and other	16,517
Property and equipment, net	157,716
Goodwill	40,919
Other intangibles, net	127,331
Assets held for sale	349,649
Liabilities:
Accounts payable	2,430
Accrued payroll and related	2,168
Accrued property and other taxes	2,645
Accrued other liabilities	6,378
Liabilities related to assets held for sale	$ 13,621
Nemacolin \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net		272
Inventories		79
Prepaid expenses and other		370
Property and equipment, net		1,784
Assets held for sale		2,505
Liabilities:
Accounts payable		147
Accrued payroll and related		838
Accrued property and other taxes		552
Accrued other liabilities		1,628
Other long-term liabilities		105
Long-term obligation		2,412
Liabilities related to assets held for sale		5,682
Presque Isle Downs \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net		2,208
Inventories		1,607
Prepaid expenses and other		773
Property and equipment, net		70,134
Goodwill		3,122
Other intangibles, net		75,422
Assets held for sale		153,266
Liabilities:
Accounts payable		683
Accrued payroll and related		596
Accrued property and other taxes		71
Accrued other liabilities		3,659
Liabilities related to assets held for sale		5,009
Nemacolin and Presque Isle Downs \| Disposal Group, Held-for-sale, Not Discontinued Operations
ASSETS
Accounts receivable, net		2,480
Inventories		1,686
Prepaid expenses and other		1,143
Property and equipment, net		71,918
Goodwill		3,122
Other intangibles, net		75,422
Assets held for sale		155,771
Liabilities:
Accounts payable		830
Accrued payroll and related		1,434
Accrued property and other taxes		623
Accrued other liabilities		5,287
Other long-term liabilities		105
Long-term obligation		2,412
Liabilities related to assets held for sale		$ 10,691

Assets Held for Sale - Schedu_2

Assets Held for Sale - Schedule of Information of Net Operating Revenues and Net Income (Loss) (Details) - Disposal Group, Held-for-sale, Not Discontinued Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Mountaineer
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net operating revenues	$ 32,707	$ 31,566	$ 62,873	$ 61,256
Net income (loss)	2,414	870	4,037	849
Cape Girardeau
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net operating revenues	14,340	15,288	29,742	31,205
Net income (loss)	1,578	1,809	3,692	3,556
Caruthersville
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net operating revenues	8,651	8,927	17,577	17,725
Net income (loss)	$ 1,907	1,591	3,687	3,080
Presque Isle Downs
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net operating revenues		36,876	3,235	70,053
Net income (loss)		3,045	(62)	4,166
Nemacolin
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net operating revenues		8,439	4,836	16,933
Net income (loss)		$ (350)	$ (754)	$ (468)

Stock-Based Compensation and _3

Stock-Based Compensation and Stockholder's Equity - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018	Nov. 30, 2018
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense	$ 6,500,000	$ 3,500,000	$ 11,457,000	$ 7,151,000
Increase (reduction) in income tax expense related to stock based compensation	$ 1,300,000	(1,100,000)	$ (1,300,000)	(4,500,000)
Options outstanding, shares	135,956		135,956
Options exercisable, shares	125,331		125,331
Restricted Stock Units (RSUs)
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation expense	$ 27,300,000	$ 14,300,000	$ 27,300,000	$ 14,300,000
Recognition period of unrecognized compensation cost			1 year 8 months 19 days	1 year 4 months 28 days
Common Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program, authorized amount						$ 150,000,000
Common stock shares acquired			0		223,823
Common stock acquired value					$ 9,100,000
Common stock acquired average price per share					$ 40.80

Stock-Based Compensation and _4

Stock-Based Compensation and Stockholder's Equity - Schedule of Share-based Compensation, Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs)	6 Months Ended
	Jun. 30, 2019$ / sharesshares
Restricted Stock Units
Outstanding at the beginning of the Period (in shares)	1,283,372
Granted (in shares)	456,363
Vested (in shares)	(516,806)
Outstanding at the end of the Period (in shares)	1,222,929
Weighted-Average Grant Date Fair Value
Unvested outstanding as of beginning of period \| $ / shares	$ 23.93
Unvested outstanding as of end of period \| $ / shares	$ 34.13

Stock-Based Compensation and _5

Stock-Based Compensation and Stockholder's Equity - Schedule of Share-based Compensation, Restricted Stock Units Activity (Parenthetical) (Details) - Restricted Stock Units (RSUs)	6 Months Ended
	Jun. 30, 2019shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
RSUs granted	456,363
Non-Employee Members of BOD
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
RSUs granted	51,731

Investments in and Advances t_2

Investments in and Advances to Unconsolidated Affiliates - Additional Information (Details) shares in Millions	Jan. 29, 2019USD ($)	Sep. 30, 2018	Apr. 30, 2018USD ($)a	Jun. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Jan. 31, 2019shares	Dec. 31, 2018USD ($)
Investment in Unconsolidated Affiliates
Investments in and advance to affiliates, subsidiaries, associates, and joint ventures				$ 131,382,000	$ 131,382,000		$ 1,892,000
Receivable from partnership				3,043,000	3,043,000		327,000
Pompano Joint Venture
Investment in Unconsolidated Affiliates
Cash contributions in joint venture			$ 500,000
Variable interest entity, ownership percentage			50.00%
Investments in and advance to affiliates, subsidiaries, associates, and joint ventures				1,200,000	1,200,000		$ 600,000
Pompano Joint Venture \| Maximum
Investment in Unconsolidated Affiliates
Additional contributions cap in joint venture			$ 2,000,000
Land \| a			200
Pompano Joint Venture \| Minimum
Investment in Unconsolidated Affiliates
Land \| a			130
Cordish \| Pompano Joint Venture
Investment in Unconsolidated Affiliates
Cash contributions in joint venture			$ 500,000
Additional contributions cap per member in joint venture			$ 1,000,000
William Hill
Investment in Unconsolidated Affiliates
Agreement period		25 years
Agreement effective date	Jan. 29, 2019
Percentage of equity stake						20.00%
Equity stake value in ordinary shares \| shares						13.4
Receivable from partnership				3,400,000	$ 3,400,000
Recognizing revenue on straight-line basis over a period					25 years
Recognized revenue				1,500,000	$ 2,600,000
William Hill \| Other Long Term Liabilities
Investment in Unconsolidated Affiliates
Deferred revenue				145,000,000	145,000,000
William Hill US
Investment in Unconsolidated Affiliates
Investments in and advance to affiliates, subsidiaries, associates, and joint ventures				129,000,000	129,000,000
Fair value of initial investment	$ 128,900,000
William Hill PLC
Investment in Unconsolidated Affiliates
Agreement period		25 years
Equity stake value in ordinary shares \| shares						13.4
Fair value of restricted investments				$ 23,000,000	23,000,000
Unrealized loss					$ 4,400,000

Intangible Assets, Net and Ot_3

Intangible Assets, Net and Other Long Term Assets - Schedule of Other and Intangible Assets, Net (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Goodwill	$ 967,397	$ 1,008,316
Goodwill, useful life	Indefinite
Intangible assets, excluding goodwill- gross	$ 1,252,706	1,383,616
Total gaming licenses and other intangible assets, net	1,219,378	1,362,006
Player Loyalty Program
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-intangible assets, excluding goodwill- gross	101,005	105,005
Accumulated amortization	$ (33,328)	(21,610)
Player Loyalty Program \| Minimum
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-lived intangible asset, useful life	3 years
Player Loyalty Program \| Maximum
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Finite-lived intangible asset, useful life	4 years
Trade Names-Indefinite
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Indefinite intangible assets, useful life	Indefinite
Indefinite intangible assets, excluding goodwill- gross	$ 176,429	187,929
Gaming licenses
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Indefinite intangible assets, useful life	Indefinite
Indefinite intangible assets, excluding goodwill- gross	$ 975,272	$ 1,090,682

Intangible Assets, Net and Ot_4

Intangible Assets, Net and Other Long Term Assets - Additional Information (Details) $ in Thousands, shares in Millions	1 Months Ended		3 Months Ended		6 Months Ended
	Jan. 31, 2019shares	Sep. 30, 2018	Jun. 30, 2019USD ($)a	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)a	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)	Jan. 31, 2018USD ($)
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Impairment charges					$ 958	$ 9,815
Contractual term maturity					40 years
Area of real property leased \| a			20		20
Pre-payment of lease rent							$ 20,198
Mountaineer \| Asset Held For Sale
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Non-operating land			$ 9,800		$ 9,800
Pennsylvania
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Impairment charges					$ 1,000
Indiana \| Tropicana Evansville
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Area of real property leased \| a			10		10
Pre-payment of lease rent								$ 25,000
Future lease rent payment period					120 months
Lease expiration date					Nov. 30, 2027
William Hill PLC
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Agreement period		25 years
Agreement effective month and year	2019-01
Equity stake value in ordinary shares \| shares	13.4
Unrealized loss					$ 4,400
William Hill PLC \| Other Assets, Net
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Fair value, total			$ 23,000		23,000
Unrealized loss					4,400
Vicksburg's \| Churchill Downs Incorporated
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Impairment charges					9,800
Player Loyalty Program
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Amortization expense			7,700	$ 1,200	15,300	$ 2,700
Remainder of 2019			15,300		15,300
2020			27,400		27,400
2021			21,200		21,200
2022			$ 4,200		$ 4,200

Intangible Assets, Net and Ot_5

Intangible Assets, Net and Other Long Term Assets - Schedule of Other Assets, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
Unamortized debt issuance costs - Revolving Credit Facility	$ 8,462	$ 9,533
Non-operating real property	6,999	17,880
Long-term prepaid rent		20,198
Restricted cash and investments	32,428	15,064
ROU assets (see Note 2)	286,699
Other	7,450	14,077
Total other assets, net	347,402	83,446
CRDA
Finite Lived And Indefinite Lived Intangible Assets By Major Class [Line Items]
CRDA bonds and deposits, net	$ 5,364	$ 6,694

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
Income Taxes - Additional Information (Details) - USD ($)	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Income tax (benefit) expense	$ 10,418,000	$ 9,213,000	$ 20,823,000	$ 11,301,000
Unrecognized Tax Benefits	$ 0		$ 0

Long-Term Financing Obligatio_2

Long-Term Financing Obligation - Additional Information (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2019USD ($)	Jun. 30, 2019USD ($)
Sale Leaseback Transaction [Line Items]
Lease term		35 years
Imputed discount rate		10.20%
Lessee, Operating Lease, Term of Contract	12 months	12 months
Percentage of master lease on annual basic		2.00%
Master Lease
Sale Leaseback Transaction [Line Items]
Lessee, Operating Lease, Term of Contract	15 years	15 years
Lessee, operating lease, existence of option to extend		true
Lessee, operating lease, option to extend		The Master Lease provides for an initial term of fifteen years with no purchase option. At the Company’s option, the Master Lease may be extended for up to four five-year renewal terms beyond the initial 15-year term. If we elect to renew the term of the Master Lease, the renewal will be effective as to all, but not less than all, of the leased property then subject to the Master Lease.
Lessee, operating lease, option to terminate		The Company does not have the ability to terminate its obligations under the Master Lease prior to its expiration without GLPI’s consent.
Base rent		$ 13.4
Master Lease \| Building
Sale Leaseback Transaction [Line Items]
Base rent		$ 60.9
Percentage of master lease on annual basic		2.00%
Revenue to rent ratio as base to compute building rent for first five years		120.00%
Revenue to rent ratio as base to compute building rent for thereafter		180.00%
Master Lease \| Land
Sale Leaseback Transaction [Line Items]
Base rent		$ 13.4
Percentage of rent payable adjusted on actual net revenues leased properties term		2 years
Master Lease \| GLPI
Sale Leaseback Transaction [Line Items]
Expected initial annual rent expense	$ 87.6	$ 87.6
Lease payments	21.9	43.8
Lease expense	$ 24.6	$ 49.2

Long-Term Financing Obligatio_3

Long-Term Financing Obligation - Schedule of Future Minimum Payments Related to Master Lease Financing Obligation (Details) $ in Thousands	Jun. 30, 2019USD ($)
Leases [Abstract]
2019 (excluding the six months ended June 30, 2019)	$ 44,124
2020	89,168
2021	90,417
2022	91,691
2023	92,990
Thereafter	3,506,672
Total future payments	3,915,062
Less: amounts representing interest at 10.2%	(3,369,954)
Plus: residual values	420,100
Financing obligation to GLPI	$ 965,208

Long-Term Financing Obligatio_4

Long-Term Financing Obligation - Schedule of Future Minimum Payments Related to Master Lease Financing Obligation (Parenthetical) (Details)	6 Months Ended
	Jun. 30, 2019
Leases [Abstract]
Interest rate	10.20%

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018	Sep. 20, 2018	Sep. 13, 2017	Mar. 29, 2017	Jul. 23, 2015
Long-term debt
Less: Unamortized debt issuance costs	$ (8,462)	$ (9,533)
Long-term notes and other payables	2,785	3,030
Less: Current portion	(329)	(462)
Long-term debt, noncurrent	3,018,455	3,261,273
Term Loan
Long-term debt
Long-term debt, gross	956,750	956,750
Less: Unamortized discount and debt issuance costs	(16,948)	(18,426)
Long-term Debt	939,802	938,324
6% Senior Notes due 2026
Long-term debt
Long-term debt, gross	600,000	600,000	$ 600,000
Less: Unamortized discount and debt issuance costs	(18,976)	(19,630)
Long-term Debt	581,024	580,370
6% Senior Notes due 2025
Long-term debt
Long-term debt, gross	875,000	875,000		$ 500,000	$ 375,000
Plus: Unamortized debt premium	21,874	23,491
Less: Unamortized debt issuance costs	(17,192)	(18,405)
Long-term Debt	879,682	880,086
7% Senior Notes due 2023
Long-term debt
Long-term debt, gross	375,000	375,000				$ 375,000
Less: Unamortized discount and debt issuance costs	(5,509)	(6,075)
Long-term Debt	369,491	368,925
Revolving Credit Facility
Long-term debt
Revolving Credit Facility		245,000
Lumière Loan
Long-term debt
Lumière Loan	$ 246,000	$ 246,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Debt Disclosure [Abstract]
Amortization of deferred financing costs, discount and debt premium	$ 1.9	$ 1.2	$ 3.8	$ 2.5
Scheduled maturities of long-term debt for remainder of 2019	0.3		0.3
Scheduled maturities of long-term debt in 2020	246.2		246.2
Scheduled maturities of long-term debt in 2021	0.2		0.2
Scheduled maturities of long-term debt in 2022	0.2		0.2
Scheduled maturities of long-term debt in 2023	375.1		375.1
Scheduled maturities of long-term debt in thereafter	$ 2,400		$ 2,400

Long-Term Debt - Term Loan and

Long-Term Debt - Term Loan and Revolving Credit Facility - Additional Information (Details) - USD ($)	Sep. 13, 2017	Jun. 30, 2019	Apr. 17, 2017
Long-term debt
Debt instrument interest rate terms		however, that in no event will LIBOR be less than zero or the base rate be less than 1.00%.
6% Senior Notes
Long-term debt
Interest rate (as a percent)	6.00%
Term Loan
Long-term debt
Credit facility			$ 1,450,000,000
Credit facility maturity date		Apr. 17, 2024
Credit facility quarterly principal payments		$ 3,600,000
Credit facility principal prepayment	$ 444,500,000
Amount outstanding		$ 956,800,000
Interest rates		4.69%
Term Loan \| LIBOR
Long-term debt
Spread on variable rate (as a percent)		2.25%
Term Loan \| Base rate
Long-term debt
Spread on variable rate (as a percent)		1.25%
Revolving Credit Facility
Long-term debt
Credit facility			$ 500,000,000
Credit facility maturity date		Oct. 1, 2023
Amount outstanding		$ 0
Available borrowing capacity		$ 483,700,000
Commitment fee on unused portion of the credit facility		0.50%
Revolving Credit Facility \| Presque Isle Downs
Long-term debt
Repayment of outstanding debt from property sale proceeds		$ 150,000,000
Revolving Credit Facility \| Minimum \| LIBOR
Long-term debt
Spread on variable rate (as a percent)		1.75%
Revolving Credit Facility \| Minimum \| Base rate
Long-term debt
Spread on variable rate (as a percent)		0.75%
Revolving Credit Facility \| Maximum \| LIBOR
Long-term debt
Spread on variable rate (as a percent)		2.50%
Revolving Credit Facility \| Maximum \| Base rate
Long-term debt
Spread on variable rate (as a percent)		1.50%
Letter of Credit
Long-term debt
Amount outstanding		$ 16,300,000

Long-Term Debt - 6% Senior Note

Long-Term Debt - 6% Senior Notes due 2026 - Additional Information (Details) - USD ($) $ in Thousands	Oct. 01, 2018	Jun. 30, 2019	Dec. 31, 2018	Sep. 20, 2018
Long-term debt
Debt instrument interest rate terms		however, that in no event will LIBOR be less than zero or the base rate be less than 1.00%.
6% Senior Notes due 2026
Long-term debt
Long-term debt, gross		$ 600,000	$ 600,000	$ 600,000
Interest rate (as a percent)	6.00%	6.00%		6.00%
Senior notes, maturity year	2026	2026
Debt instrument interest rate terms		Interest on the 6% Senior Notes due 2026 will be paid every semi-annually in arrears on March 15 and September 15.

Long-Term Debt - 6% Senior No_2

Long-Term Debt - 6% Senior Notes due 2025 - Additional Information (Details) - USD ($) $ in Thousands	Oct. 01, 2020	Sep. 13, 2017	Jun. 30, 2019	Dec. 31, 2018	Mar. 29, 2017
Long-term debt
Debt instrument interest rate terms			however, that in no event will LIBOR be less than zero or the base rate be less than 1.00%.
Repayment of credit facility			$ 245,000
Prior Revolving Credit Facility
Long-term debt
Repayment of credit facility		$ 78,000
Term Loan
Long-term debt
Payments under Term Loan		444,500
Isle of Capri
Long-term debt
Acquisition date	May 1, 2017
6% Senior Notes due 2025
Long-term debt
Long-term debt, gross		$ 500,000	$ 875,000	$ 875,000	$ 375,000
Interest rate (as a percent)			6.00%		6.00%
Senior notes, maturity date			Apr. 1, 2025
Debt instrument interest rate terms			The 6% Senior Notes due 2025 will mature on April 1, 2025, with interest payable semi-annually in arrears on April 1 and October 1
Percentage of issue price of principal amount		105.50%
6% Senior Notes due 2025 \| Isle of Capri
Long-term debt
Acquisition date			May 1, 2017

Long-Term Debt - 7% Senior Note

Long-Term Debt - 7% Senior Notes due 2023 - Additional Information (Details) - 7% Senior Notes due 2023 - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Dec. 31, 2018	Jul. 23, 2015
Long-term debt
Long-term debt, gross	$ 375,000	$ 375,000	$ 375,000
Interest rate (as a percent)	7.00%		7.00%
Senior notes, maturity date	Aug. 1, 2023

Long-Term Debt - Lumiere Loan -

Long-Term Debt - Lumiere Loan - Additional Information (Details) - Lumière Loan - USD ($) $ in Thousands	Oct. 01, 2020	Oct. 01, 2019	Jun. 30, 2019	Dec. 31, 2018
Long-term debt
Loan amount to fund real property			$ 246,000	$ 246,000
Scenario Forecast
Long-term debt
Interest rate	9.27%	9.09%
Minimum
Long-term debt
Loan amount to fund real property			246,000
Gaming and Leisure Properties
Long-term debt
Loan amount to fund real property			$ 246,000

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($) shares in Millions	1 Months Ended	3 Months Ended	6 Months Ended
	Nov. 30, 2018	Jun. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value assets, Level 1 to Level 2 transfers amount		$ 0	$ 0
Fair value assets, Level 2 to Level 1 transfers amount		0	0
TSG
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Agreement period	20 years
Number of common shares received under agreement	1.1
Additional value of common shares receivable under agreement upon exercise of first option by TSG	$ 5,000,000
Number of initial common shares received under agreement restricted	1.1
Restriction expiration month and year on transfer that may not be sold	2019-11
Recognized revenue		$ 300,000	$ 600,000
TSG \| William Hill US
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Proceeds received from selling TSG shares		50.00%	50.00%
Accrued Other Liabilities
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Acquisition related contingent considerations		$ 500,000	$ 500,000	$ 500,000
Accrued Other Liabilities \| TSG \| William Hill US
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated obligation		8,700,000	8,700,000
Restricted Cash and Investments \| TSG
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value, total		17,500,000	17,500,000
Other Long Term Liabilities \| TSG
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Deferred revenue		$ 17,900,000	$ 17,900,000

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Assets:
Restricted cash and investments	$ 32,428	$ 15,064
Fair Value Recurring Basis
Assets:
Restricted cash and investments	57,118	39,956
Marketable securities	22,679	16,957
Liabilities:
Other liabilities related to restricted investments	8,730
Fair Value Recurring Basis \| Level 1
Assets:
Restricted cash and investments	14,436	19,481
Marketable securities	14,529	9,515
Fair Value Recurring Basis \| Level 2
Assets:
Restricted cash and investments	2,247	4,467
Marketable securities	8,150	7,442
Fair Value Recurring Basis \| Level 3
Assets:
Restricted cash and investments	40,435	$ 16,008
Liabilities:
Other liabilities related to restricted investments	$ 8,730

Fair Value Measurements - Sch_2

Fair Value Measurements - Schedule of Change in Restricted Investments Valued Using Level 3 Inputs (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2019USD ($)
Other Liabilities
Fair Value, Liabilities
Value of additional investment received	$ 8,774
Unrealized gain (loss)	(44)
Fair value liabilities, ending balance	8,730
Restricted Investments
Fair Value, Assets
Fair value assets, beginning balance	16,008
Value of additional investment received	27,329
Unrealized gain (loss)	(2,902)
Fair value assets, ending balance	$ 40,435

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Carrying Amount \| 7% Senior Notes due 2023
Financial liabilities:
Long-term debt	$ 369,491	$ 368,925
Carrying Amount \| 6% Senior Notes due 2025
Financial liabilities:
Long-term debt	879,682	880,086
Carrying Amount \| 6% Senior Notes due 2026
Financial liabilities:
Long-term debt	581,024	580,370
Carrying Amount \| Term Loan
Financial liabilities:
Long-term debt	939,802	938,324
Carrying Amount \| Revolving Credit Facility
Financial liabilities:
Long-term debt	0	245,000
Carrying Amount \| Lumière Loan
Financial liabilities:
Long-term debt	246,000	246,000
Carrying Amount \| Other long-term debt
Financial liabilities:
Long-term debt	2,785	3,030
Fair Value \| 7% Senior Notes due 2023
Financial liabilities:
Long-term debt	392,344	385,312
Fair Value \| 6% Senior Notes due 2025
Financial liabilities:
Long-term debt	923,125	840,000
Fair Value \| 6% Senior Notes due 2026
Financial liabilities:
Long-term debt	654,750	567,000
Fair Value \| Term Loan
Financial liabilities:
Long-term debt	954,358	916,088
Fair Value \| Revolving Credit Facility
Financial liabilities:
Long-term debt	0	245,000
Fair Value \| Lumière Loan
Financial liabilities:
Long-term debt	246,000	246,000
Fair Value \| Other long-term debt
Financial liabilities:
Long-term debt	$ 2,785	$ 3,030

Earnings per Share - Schedule o

Earnings per Share - Schedule of Reconciliation of the Numerators and Denominators of the Basic and Diluted Net Income Per Share Computations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Net income available to common stockholders	$ 18,936	$ 36,796	$ 57,165	$ 57,651
Shares outstanding:
Weighted average shares outstanding – basic	77,682,759	77,458,584	77,625,303	77,406,447
Weighted average shares outstanding – diluted	78,725,289	78,258,629	78,657,552	78,169,629
Net income per common share attributable to common stockholders – basic:	$ 0.24	$ 0.48	$ 0.74	$ 0.74
Net income per common share attributable to common stockholders – diluted:	$ 0.24	$ 0.47	$ 0.73	$ 0.74
Stock Options
Shares outstanding:
Effect of dilutive securities	107,388	131,148	105,885	142,027
Restricted Stock Units (RSUs)
Shares outstanding:
Effect of dilutive securities	935,142	668,897	926,364	621,155

Related Affiliates - Additional

Related Affiliates - Additional Information (Details)	3 Months Ended		6 Months Ended
Related Affiliates - Additional Information (Details)	Jun. 30, 2019USD ($)a	Jun. 30, 2018USD ($)	Jun. 30, 2019USD ($)a	Jun. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Related affiliates
Area of real property leased \| a	20		20
REI
Related affiliates
Percentage of outstanding shares owned	14.40%		14.40%
Gary Carano Family
Related affiliates
Related party transactions	$ 0	$ 0	$ 0	$ 0
C. S. & Y. Associates
Related affiliates
Area of real property leased \| a	30,000		30,000
Lease expiration date			Jun. 30, 2057
Annual rent payable			$ 600,000
Due to related parties	$ 0		0		$ 0
Due from related parties	$ 0		$ 0		$ 0

Segment Information - Additiona

Segment Information - Additional Information (Details)	3 Months Ended	6 Months Ended
Segment Information - Additional Information (Details)	Sep. 30, 2018Regionsegment	Jun. 30, 2019segment	Jun. 30, 2018Regionsegment
Segment Reporting [Abstract]
Number of geographic regions \| Region	4		4
Number of reportable segments \| segment	4	5	4

Segment Information - Summary o

Segment Information - Summary of Reportable Segment (Details)	6 Months Ended
	Jun. 30, 2019
West Segment \| Eldorado Reno \| NEVADA
Segment Reporting Information [Line Items]
Property	Eldorado Reno
State	Nevada
West Segment \| Silver Legacy \| NEVADA
Segment Reporting Information [Line Items]
Property	Silver Legacy
State	Nevada
West Segment \| Circus Reno \| NEVADA
Segment Reporting Information [Line Items]
Property	Circus Reno
State	Nevada
West Segment \| MontBleu \| NEVADA
Segment Reporting Information [Line Items]
Property	MontBleu
Date Acquired	Oct. 1, 2018
State	Nevada
West Segment \| Laughlin \| NEVADA
Segment Reporting Information [Line Items]
Property	Laughlin
Date Acquired	Oct. 1, 2018
State	Nevada
West Segment \| Isle Black Hawk \| COLORADO
Segment Reporting Information [Line Items]
Property	Isle Black Hawk
Date Acquired	May 1, 2017
State	Colorado
West Segment \| Lady Luck Black Hawk \| COLORADO
Segment Reporting Information [Line Items]
Property	Lady Luck Black Hawk
Date Acquired	May 1, 2017
State	Colorado
Midwest Segment \| Waterloo \| IOWA
Segment Reporting Information [Line Items]
Property	Waterloo
Date Acquired	May 1, 2017
State	Iowa
Midwest Segment \| Bettendorf \| IOWA
Segment Reporting Information [Line Items]
Property	Bettendorf
Date Acquired	May 1, 2017
State	Iowa
Midwest Segment \| Boonville \| Missouri
Segment Reporting Information [Line Items]
Property	Boonville
Date Acquired	May 1, 2017
State	Missouri
Midwest Segment \| Cape Girardeau \| Missouri
Segment Reporting Information [Line Items]
Property	Cape Girardeau
Date Acquired	May 1, 2017
State	Missouri
Midwest Segment \| Caruthersville \| Missouri
Segment Reporting Information [Line Items]
Property	Caruthersville
Date Acquired	May 1, 2017
State	Missouri
Midwest Segment \| Kansas City \| Missouri
Segment Reporting Information [Line Items]
Property	Kansas City
Date Acquired	May 1, 2017
State	Missouri
South Segment \| Pompano \| FLORIDA
Segment Reporting Information [Line Items]
Property	Pompano
Date Acquired	May 1, 2017
State	Florida
South Segment \| Eldorado Shreveport \| LOUISIANA
Segment Reporting Information [Line Items]
Property	Eldorado Shreveport
State	Louisiana
South Segment \| Lake Charles \| LOUISIANA
Segment Reporting Information [Line Items]
Property	Lake Charles
Date Acquired	May 1, 2017
State	Louisiana
South Segment \| Baton Rouge \| LOUISIANA
Segment Reporting Information [Line Items]
Property	Baton Rouge
Date Acquired	Oct. 1, 2018
State	Louisiana
South Segment \| Lula \| MISSISSIPPI
Segment Reporting Information [Line Items]
Property	Lula
Date Acquired	May 1, 2017
State	Mississippi
South Segment \| Vicksburg \| MISSISSIPPI
Segment Reporting Information [Line Items]
Property	Vicksburg
Date Acquired	May 1, 2017
State	Mississippi
South Segment \| Greenville \| MISSISSIPPI
Segment Reporting Information [Line Items]
Property	Greenville
Date Acquired	Oct. 1, 2018
State	Mississippi
East Segment \| Presque Isle Downs \| PENNSYLVANIA
Segment Reporting Information [Line Items]
Property	Presque Isle Downs
State	Pennsylvania
East Segment \| Nemacolin \| PENNSYLVANIA
Segment Reporting Information [Line Items]
Property	Nemacolin
Date Acquired	May 1, 2017
State	Pennsylvania
East Segment \| Scioto Downs \| OHIO
Segment Reporting Information [Line Items]
Property	Scioto Downs
State	Ohio
East Segment \| Mountaineer \| WEST VIRGINIA
Segment Reporting Information [Line Items]
Property	Mountaineer
State	West Virginia
East Segment \| Trop AC \| NEW JERSEY
Segment Reporting Information [Line Items]
Property	Trop AC
Date Acquired	Oct. 1, 2018
State	New Jersey
Central Segment \| Elgin \| ILLINOIS
Segment Reporting Information [Line Items]
Property	Elgin
Date Acquired	Aug. 7, 2018
State	Illinois
Central Segment \| Lumière \| Missouri
Segment Reporting Information [Line Items]
Property	Lumière
Date Acquired	Oct. 1, 2018
State	Missouri
Central Segment \| Evansville \| Indiana
Segment Reporting Information [Line Items]
Property	Evansville
Date Acquired	Oct. 1, 2018
State	Indiana

Segment Information - Schedule

Segment Information - Schedule of Operating Data for Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues and expenses
Net operating revenues	$ 637,121	$ 456,802	$ 1,272,944	$ 896,994
Depreciation and amortization	56,533	31,910	114,290	63,444
Operating income	102,550	77,414	226,154	131,608
Unallocated income and expenses:
Interest expense, net	(71,798)	(31,405)	(145,308)	(62,656)
Unrealized loss on restricted investment	(1,398)		(2,858)
Provision for income taxes	(10,418)	(9,213)	(20,823)	(11,301)
Net income	18,936	36,796	57,165	57,651
Operating Segment \| West Segment
Revenues and expenses
Net operating revenues	127,727	117,880	245,822	217,459
Depreciation and amortization	13,508	9,382	26,651	17,571
Operating income	20,613	21,865	31,414	32,004
Operating Segment \| Midwest Segment
Revenues and expenses
Net operating revenues	97,239	100,607	194,026	201,402
Depreciation and amortization	7,714	8,404	16,135	16,049
Operating income	29,012	27,411	56,845	54,087
Operating Segment \| South Segment
Revenues and expenses
Net operating revenues	116,937	112,242	249,651	235,042
Depreciation and amortization	9,850	8,108	20,865	16,639
Operating income	19,023	20,564	46,538	33,923
Operating Segment \| East Segment
Revenues and expenses
Net operating revenues	170,455	125,961	336,688	242,852
Depreciation and amortization	12,240	4,717	24,389	10,766
Operating income	35,213	24,397	62,374	43,528
Operating Segment \| Central Segment
Revenues and expenses
Net operating revenues	122,792		243,264
Depreciation and amortization	11,480		22,690
Operating income	28,033		55,103
Corporate
Revenues and expenses
Net operating revenues	1,971	112	3,493	239
Depreciation and amortization	1,741	1,299	3,560	2,419
Operating income	$ (29,344)	$ (16,823)	$ (26,120)	$ (31,934)

Segment Information - Schedul_2

Segment Information - Schedule of Capital Expenditures, Net of Reportable Segments (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Capital Expenditures, Net	$ 97,114	$ 55,181
Operating Segment \| West Segment
Segment Reporting Information [Line Items]
Capital Expenditures, Net	49,450	29,080
Operating Segment \| Midwest Segment
Segment Reporting Information [Line Items]
Capital Expenditures, Net	9,443	9,384
Operating Segment \| South Segment
Segment Reporting Information [Line Items]
Capital Expenditures, Net	10,098	7,083
Operating Segment \| East Segment
Segment Reporting Information [Line Items]
Capital Expenditures, Net	19,857	6,008
Operating Segment \| Central Segment
Segment Reporting Information [Line Items]
Capital Expenditures, Net	5,308
Corporate
Segment Reporting Information [Line Items]
Capital Expenditures, Net	$ 2,958	$ 3,626

Segment Information - Schedul_3

Segment Information - Schedule of Balance Sheet Information for Reportable Segments (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 6,082,002	$ 5,911,462
Goodwill	967,397	1,008,316
Corporate, Other & Eliminations
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	(1,729,321)	(1,737,383)
West Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	220,861	220,861
West Segment \| Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,839,152	1,710,375
Midwest Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	285,679	322,745
Midwest Segment \| Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,309,812	1,245,521
South Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	213,150	213,150
South Segment \| Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,156,301	1,068,258
East Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	173,633	177,486
East Segment \| Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	1,986,322	2,166,730
Central Segment
Segment Reporting Asset Reconciling Item [Line Items]
Goodwill	74,074	74,074
Central Segment \| Operating Segment
Segment Reporting Asset Reconciling Item [Line Items]
Total assets	$ 1,519,736	$ 1,457,961

Consolidating Condensed Finan_3

Consolidating Condensed Financial Information - Additional Information (Details)	Jun. 30, 2019	Oct. 01, 2018	Sep. 20, 2018	Mar. 29, 2017	Jul. 23, 2015
7% Senior Notes Due 2023
Condensed Financial Statements Captions [Line Items]
Interest rate (as a percent)	7.00%				7.00%
6% Senior Notes due 2025
Condensed Financial Statements Captions [Line Items]
Interest rate (as a percent)	6.00%			6.00%
6% Senior Notes due 2026
Condensed Financial Statements Captions [Line Items]
Interest rate (as a percent)	6.00%	6.00%	6.00%

Consolidating Condensed Finan_4

Consolidating Condensed Financial Information - Consolidating Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017
Condensed Balance Sheet
Current assets	$ 702,638		$ 573,196
Investment in and advances to unconsolidated affiliates	131,382		1,892
Property and equipment, net	2,713,805		2,882,606
Other assets	2,534,177		2,453,768
Total assets	6,082,002		5,911,462
Current liabilities	383,240		402,177
Long-term financing obligation to GLPI	965,208		959,835
Long-term debt, less current maturities	3,018,455		3,261,273
Deferred income tax liabilities	192,128		200,010
Other accrued liabilities	437,452		59,014
Stockholders’ equity	1,085,519	$ 1,063,264	1,029,153	$ 996,723	$ 958,630	$ 941,598
Total liabilities and stockholders’ equity	6,082,002		5,911,462
Reportable Legal Entities \| Eldorado Resorts, Inc. (Parent Obligor)
Condensed Balance Sheet
Current assets	59,772		48,268
Intercompany receivables	(93,615)
Investment in and advances to unconsolidated affiliates	128,955
Investments in subsidiaries	3,776,532		3,648,961
Property and equipment, net	18,384		18,555
Other assets	86,034		35,072
Total assets	3,976,062		3,750,856
Current liabilities	92,313		48,579
Intercompany payables	232,473		10,873
Long-term debt, less current maturities	2,397,286		2,640,046
Other accrued liabilities	168,472		22,206
Stockholders’ equity	1,085,518		1,029,152
Total liabilities and stockholders’ equity	3,976,062		3,750,856
Reportable Legal Entities \| Guarantor Subsidiaries
Condensed Balance Sheet
Current assets	617,528		497,309
Intercompany receivables	324,986		11,885
Investment in and advances to unconsolidated affiliates	2,427		1,892
Property and equipment, net	2,690,182		2,859,271
Other assets	2,486,417		2,423,807
Total assets	6,121,540		5,794,164
Current liabilities	275,483		328,319
Long-term financing obligation to GLPI	965,208		959,835
Long-term debt, less current maturities	621,169		621,193
Deferred income tax liabilities	248,114		231,795
Other accrued liabilities	268,980		36,808
Stockholders’ equity	3,742,586		3,616,214
Total liabilities and stockholders’ equity	6,121,540		5,794,164
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Condensed Balance Sheet
Current assets	29,796		27,619
Intercompany receivables	26,102		23,988
Property and equipment, net	5,239		4,780
Other assets	17,712		26,674
Total assets	78,849		83,061
Current liabilities	19,902		25,279
Intercompany payables	25,000		25,000
Long-term debt, less current maturities			34
Stockholders’ equity	33,947		32,748
Total liabilities and stockholders’ equity	78,849		83,061
Consolidating and Eliminating Entries
Condensed Balance Sheet
Current assets	(4,458)
Intercompany receivables	(257,473)		(35,873)
Investments in subsidiaries	(3,776,532)		(3,648,961)
Other assets	(55,986)		(31,785)
Total assets	(4,094,449)		(3,716,619)
Current liabilities	(4,458)
Intercompany payables	(257,473)		(35,873)
Deferred income tax liabilities	(55,986)		(31,785)
Stockholders’ equity	(3,776,532)		(3,648,961)
Total liabilities and stockholders’ equity	$ (4,094,449)		$ (3,716,619)

Consolidating Condensed Finan_5

Consolidating Condensed Financial Information - Consolidating Condensed Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
Revenues:
Net revenues	$ 637,121	$ 456,802	$ 1,272,944	$ 896,994
Operating expenses:
Marketing and promotions	32,080	21,832	64,381	43,133
General and administrative	117,431	73,745	237,319	147,947
Corporate	21,051	12,232	37,805	23,801
Impairment charges			958	9,815
Depreciation and amortization	56,533	31,910	114,290	63,444
Total operating expenses	525,691	376,439	1,058,939	759,098
Gain (loss) on sale or disposal of property and equipment	(366)	423	21,952	(283)
Transaction expenses	(7,292)	(3,404)	(9,186)	(5,952)
(Loss) income from unconsolidated affiliates	(1,222)	32	(617)	(53)
Operating (loss) income	102,550	77,414	226,154	131,608
Interest expense, net	(71,798)	(31,405)	(145,308)	(62,656)
Unrealized loss on restricted investments	(1,398)		(2,858)
Income before income taxes	29,354	46,009	77,988	68,952
Income tax benefit (provision)	(10,418)	(9,213)	(20,823)	(11,301)
Income (loss) from continuing operations				57,651
Net income	18,936	36,796	57,165	57,651
Gaming and Pari-mutuel Commissions
Revenues:
Net revenues	456,997	348,720	927,848	692,248
Operating expenses:
Operating expenses	203,240	169,945	413,546	339,496
Non-gaming
Revenues:
Net revenues	180,124	108,082	345,096	204,746
Operating expenses:
Operating expenses	95,356	66,775	190,640	131,462
Reportable Legal Entities \| Eldorado Resorts, Inc. (Parent Obligor)
Revenues:
Net revenues	1,785		3,182
Operating expenses:
Corporate	20,721	11,259	36,862	21,553
Management fee	(5,820)	(7,030)	(10,555)	(12,167)
Depreciation and amortization	1,240	950	2,389	1,723
Total operating expenses	16,141	5,179	28,696	11,109
Gain (loss) on sale or disposal of property and equipment			409
Transaction expenses	(6,802)	(3,335)	(8,029)	(5,453)
(Loss) income from unconsolidated affiliates	(1,383)		(729)
Operating (loss) income	(22,541)	(8,514)	(33,863)	(16,562)
Interest expense, net	(35,585)	(25,075)	(73,016)	(49,507)
Unrealized loss on restricted investments	(1,398)		(2,858)
Subsidiary income (loss)	60,019	60,771	132,273	104,076
Income before income taxes	495	27,182	22,536	38,007
Income tax benefit (provision)	18,441	9,614	34,629	19,644
Income (loss) from continuing operations				57,651
Net income	18,936	36,796	57,165	57,651
Reportable Legal Entities \| Guarantor Subsidiaries
Revenues:
Net revenues	633,812	446,515	1,261,755	876,331
Operating expenses:
Marketing and promotions	32,079	21,421	64,131	42,256
General and administrative	117,529	71,872	236,078	144,299
Corporate	155	335	684	657
Impairment charges			958	9,815
Management fee	5,820	7,030	10,555	12,167
Depreciation and amortization	55,293	30,798	111,901	61,398
Total operating expenses	509,472	362,385	1,024,930	729,799
Gain (loss) on sale or disposal of property and equipment	81	421	21,477	(285)
Transaction expenses	(418)	(69)	(895)	(499)
(Loss) income from unconsolidated affiliates	161	32	112	(53)
Operating (loss) income	124,164	84,514	257,519	145,695
Interest expense, net	(35,725)	(5,919)	(71,559)	(12,205)
Income before income taxes	88,439	78,595	185,960	133,490
Income tax benefit (provision)	(28,618)	(18,438)	(54,883)	(30,741)
Income (loss) from continuing operations				102,749
Net income	59,821	60,157	131,077	102,749
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Revenues:
Net revenues	1,524	10,287	8,007	20,663
Operating expenses:
Marketing and promotions	1	411	250	877
General and administrative	(98)	1,873	1,241	3,648
Corporate	175	638	259	1,591
Depreciation and amortization		162		323
Total operating expenses	78	8,875	5,313	18,190
Gain (loss) on sale or disposal of property and equipment	(447)	2	66	2
Transaction expenses	(72)		(262)
Operating (loss) income	927	1,414	2,498	2,475
Interest expense, net	(488)	(411)	(733)	(944)
Income before income taxes	439	1,003	1,765	1,531
Income tax benefit (provision)	(241)	(389)	(569)	(204)
Income (loss) from continuing operations				1,327
Net income	198	614	1,196	1,327
Reportable Legal Entities \| Gaming and Pari-mutuel Commissions \| Guarantor Subsidiaries
Revenues:
Net revenues	456,938	340,960	923,379	676,753
Operating expenses:
Operating expenses	203,240	164,837	410,382	329,140
Reportable Legal Entities \| Gaming and Pari-mutuel Commissions \| Non-Guarantor Subsidiaries
Revenues:
Net revenues	59	7,760	4,469	15,495
Operating expenses:
Operating expenses		5,108	3,164	10,356
Reportable Legal Entities \| Non-gaming \| Eldorado Resorts, Inc. (Parent Obligor)
Revenues:
Net revenues	1,785		3,182
Reportable Legal Entities \| Non-gaming \| Guarantor Subsidiaries
Revenues:
Net revenues	176,874	105,555	338,376	199,578
Operating expenses:
Operating expenses	95,356	66,092	190,241	130,067
Reportable Legal Entities \| Non-gaming \| Non-Guarantor Subsidiaries
Revenues:
Net revenues	1,465	2,527	3,538	5,168
Operating expenses:
Operating expenses		683	399	1,395
Consolidating and Eliminating Entries
Operating expenses:
Subsidiary income (loss)	(60,019)	(60,771)	(132,273)	(104,076)
Income before income taxes	(60,019)	(60,771)	(132,273)	(104,076)
Income (loss) from continuing operations				(104,076)
Net income	$ (60,019)	$ (60,771)	$ (132,273)	$ (104,076)

Consolidating Condensed Finan_6

Consolidating Condensed Financial Information - Consolidating Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Condensed Statement of Cash Flows
Net cash provided by (used in) operating activities	$ 127,858	$ 148,504
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(97,114)	(55,181)
Deposits on acquisitions		(15,000)
Proceeds from sale of property and equipment, net of cash sold	167,609	840
Sale of restricted investments	4,985
Net cash provided by (used in) investing activities	75,480	(69,341)
FINANCING ACTIVITIES:
Payments under Revolving Credit Facility	(245,000)
Payments on other long-term payables	(243)	(344)
Debt issuance costs	(449)	(305)
Taxes paid related to net share settlement of equity awards	(7,512)	(9,677)
Net cash used in financing activities	(253,204)	(10,326)
(Decrease) Increase in cash, cash equivalents and restricted cash	(49,866)	68,837
Cash, cash equivalents and restricted cash, beginning of period	246,691	147,749
Cash, cash equivalents and restricted cash, end of period	196,825	216,586
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS:
Cash and cash equivalents	183,139	202,016	$ 230,752
Restricted cash	7,258	4,683
Restricted and escrow cash included in other noncurrent assets	6,428	9,887
Restricted cash included in other noncurrent assets		9,887
Cash, cash equivalents and restricted cash, end of period	196,825	216,586
Reportable Legal Entities \| Eldorado Resorts, Inc. (Parent Obligor)
Condensed Statement of Cash Flows
Net cash provided by (used in) operating activities	(60,562)	(34,171)
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(3,015)	(2,246)
Deposits on acquisitions		(15,000)
Proceeds from sale of property and equipment, net of cash sold	516
Net cash provided by (used in) investing activities	(2,499)	(17,246)
FINANCING ACTIVITIES:
Payments under Revolving Credit Facility	(245,000)
Net proceeds from (payments to) related parties	315,214	128,564
Payments on other long-term payables	(48)	(44)
Debt issuance costs	(449)	(305)
Taxes paid related to net share settlement of equity awards	(7,512)	(9,677)
Net cash used in financing activities	62,205	118,538
(Decrease) Increase in cash, cash equivalents and restricted cash	(856)	67,121
Cash, cash equivalents and restricted cash, beginning of period	12,844	13,836
Cash, cash equivalents and restricted cash, end of period	11,988	80,957
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS:
Cash and cash equivalents	11,988	80,240
Restricted cash		717
Cash, cash equivalents and restricted cash, end of period	11,988	80,957
Reportable Legal Entities \| Guarantor Subsidiaries
Condensed Statement of Cash Flows
Net cash provided by (used in) operating activities	190,281	179,830
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(93,641)	(51,862)
Proceeds from sale of property and equipment, net of cash sold	169,163	840
Net cash provided by (used in) investing activities	75,522	(51,022)
FINANCING ACTIVITIES:
Net proceeds from (payments to) related parties	(313,099)	(128,034)
Payments on other long-term payables	(24)	(157)
Net cash used in financing activities	(313,123)	(128,191)
(Decrease) Increase in cash, cash equivalents and restricted cash	(47,320)	617
Cash, cash equivalents and restricted cash, beginning of period	222,672	118,483
Cash, cash equivalents and restricted cash, end of period	175,352	119,100
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS:
Cash and cash equivalents	161,890	114,283
Restricted cash	7,034	3,817
Restricted and escrow cash included in other noncurrent assets	6,428
Restricted cash included in other noncurrent assets		1,000
Cash, cash equivalents and restricted cash, end of period	175,352	119,100
Reportable Legal Entities \| Non-Guarantor Subsidiaries
Condensed Statement of Cash Flows
Net cash provided by (used in) operating activities	(1,861)	2,845
INVESTING ACTIVITIES:
Purchase of property and equipment, net	(458)	(1,073)
Proceeds from sale of property and equipment, net of cash sold	(2,070)
Sale of restricted investments	4,985
Net cash provided by (used in) investing activities	2,457	(1,073)
FINANCING ACTIVITIES:
Net proceeds from (payments to) related parties	(2,115)	(530)
Payments on other long-term payables	(171)	(143)
Net cash used in financing activities	(2,286)	(673)
(Decrease) Increase in cash, cash equivalents and restricted cash	(1,690)	1,099
Cash, cash equivalents and restricted cash, beginning of period	11,175	15,430
Cash, cash equivalents and restricted cash, end of period	9,485	16,529
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONDENSED CONSOLIDATED BALANCE SHEETS:
Cash and cash equivalents	9,261	7,493
Restricted cash	224	149
Restricted cash included in other noncurrent assets		8,887
Cash, cash equivalents and restricted cash, end of period	$ 9,485	$ 16,529

Pending Acquisitions and Dive_2

Pending Acquisitions and Divestitures - Additional Information (Details)	Jul. 10, 2019USD ($)	Jun. 24, 2019USD ($)$ / shares
Caesars Entertainment Corporation
Business Acquisition [Line Items]
Date of merger agreement		Jun. 24, 2019
Right to receive per share \| $ / shares		$ 8.40
Merger agreement consideration payable date		Mar. 25, 2020
Merger agreement price per common stock \| $ / shares		$ 0.003333
Common stock conversion ratio		0.0899
Percentage of ownership on outstanding shares		51.00%
Termination fee on failure of stockholders to approve the merger		$ 418,400,000
Required to pay termination fee on failure of stockholders to approve issuance of share		154,900,000
Maximum of reimburse other party expenses		50,000,000
Obligated to pay termination fee		836,800,000
Caesars Entertainment Corporation \| Senior Secured Term Loan B Facility
Business Acquisition [Line Items]
Credit facility		1,000,000,000
Caesars Entertainment Corporation \| Senior Secured Term Loan B Facility
Business Acquisition [Line Items]
Credit facility		3,000,000,000
Caesars Entertainment Corporation \| Senior Secured 364-day Bridge Facility
Business Acquisition [Line Items]
Credit facility		3,600,000,000
Caesars Entertainment Corporation \| Senior Unsecured Bridge Loan Facility
Business Acquisition [Line Items]
Credit facility		1,800,000,000
Caesars Entertainment Corporation \| Senior Secured Incremental Term Loan B Facility
Business Acquisition [Line Items]
Credit facility		$ 2,400,000,000
Caesars Entertainment Corporation \| 5.00% Convertible Senior Notes Due 2024
Business Acquisition [Line Items]
Interest rate (as a percent)		5.00%
Senior notes, maturity year		2024
Caesars Entertainment Corporation \| Former Caesars Stockholders
Business Acquisition [Line Items]
Percentage of ownership on outstanding shares		49.00%
Twin River Worldwide Holdings Inc \| Subsequent Event
Business Acquisition [Line Items]
Cash consideration subject to a working capital adjustment	$ 230,000,000