7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 
      
    		                                               
      operating activities
    		                                               
      net income
    		248,481,000 156,165,000 170,354,000 223,610,000 190,100,000 214,412,000 179,526,000 217,256,000 189,307,000 160,137,000 188,670,000 199,587,000 226,219,000 155,787,000 121,692,000 119,627,000 149,059,000 138,216,000 127,184,000 169,341,000 127,126,000 112,350,000 96,894,000 114,291,000 90,547,000 93,033,000 93,010,000 45,931,000 104,815,000 91,998,000 96,772,000 93,259,000 97,014,000 96,334,000 93,991,000 93,692,000 89,600,000 73,264,000 32,749,000 29,773,000 5,317,000 45,945,000 47,087,000 44,158,000 49,902,000 47,012,000 44,312,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                               
      depreciation and amortization
    		71,743,000 73,505,000 69,282,000 68,201,000 68,047,000 68,538,000 68,636,000 69,015,000 69,545,000 69,020,000 68,844,000 62,997,000 63,177,000 63,254,000 65,119,000 65,845,000 63,504,000 61,156,000 61,544,000 61,901,000 61,101,000 60,410,000 59,583,000 59,710,000 60,322,000 77,271,000 61,668,000 57,439,000 29,994,000 30,251,000 30,681,000 30,896,000 31,359,000 31,012,000 30,568,000 30,598,000 29,476,000           
      amortization of items charged to interest expense
    		                                               
      amortization of gain on cash flow hedges
    		                                               
      accretion on financing receivables
    		-6,991,000 -6,866,000 -6,896,000  -7,093,000 -6,776,000 -7,884,000  -5,813,000 -5,549,000 -5,444,000  -5,238,000 -5,140,000 -3,725,000                                 
      accretion on held to maturity investment securities
    		0 0 10,837,000   -4,538,000 -2,269,000                                         
      non-cash adjustment to financing lease liabilities
    		112,000 107,000 98,000  112,000 129,000 117,000  122,000 116,000 109,000  121,000 115,000 124,000                                 
      gains from dispositions of property
    		0 0 -125,000                                             
      stock-based compensation
    		1,551,000 6,156,000 8,858,000 5,252,000 5,463,000 5,425,000 8,122,000 4,914,000 5,139,000 5,013,000 7,807,000 4,183,000 4,336,000 4,308,000 7,600,000 3,645,000 3,786,000 3,612,000 5,788,000 3,352,000 8,353,000 4,064,000 4,235,000 3,845,000 3,845,000 4,183,000 4,325,000 3,274,000 3,275,000 616,000 3,987,000 3,685,000 3,695,000 3,773,000 4,483,000 4,508,000 4,641,000 4,591,000 4,572,000 4,153,000 4,153,000 4,111,000 4,394,000     
      straight-line rent and deferred rent adjustments
    		-5,390,000 -6,433,000 -8,412,000                                             
      losses on debt extinguishment
    		        0 0 556,000         0 779,000 5,000 17,329,000 0    0 0                   
      benefit for credit losses
    		-37,363,000 53,728,000 39,246,000  27,686,000 -3,786,000 23,294,000    -5,653,000                                     
      proceeds from swap termination
    		                                               
      change in operating assets and liabilities
    		                                               
      other assets
    		-9,065,000 -9,605,000 1,269,000 14,206,000 -19,509,000 -2,927,000 -1,968,000 -5,794,000 1,752,000 -1,898,000 -2,007,000 -2,833,000 5,379,000 4,449,000 4,782,000                      68,000 -725,000 -1,000 -2,000 2,000   -423,000    
      accounts payable and accrued expenses
    		564,000 238,000 344,000  446,000 -573,000 -509,000  -334,000 -217,000 94,000  -3,289,000 4,947,000 -1,096,000  -2,241,000                               
      accrued interest
    		-38,599,000 20,469,000 -32,599,000 10,095,000 13,566,000 -5,303,000 4,282,000 4,909,000 -2,448,000 2,176,000 -3,822,000 -4,360,000 1,597,000 -4,129,000 17,379,000 -9,630,000 10,842,000 -10,960,000 9,273,000 -10,880,000 25,015,000 -19,414,000 16,869,000 -23,761,000 31,116,000 -44,883,000 52,962,000 -46,832,000 56,485,000 -39,871,000 42,238,000 -42,640,000 42,709,000 -42,499,000 41,928,000 -39,624,000 43,392,000 -12,873,000 25,225,000 -24,910,000 25,019,000 -24,917,000 24,903,000 -24,887,000   24,814,000 
      accrued salaries and wages
    		4,019,000 2,198,000 -4,925,000  1,553,000 1,861,000 -5,692,000  1,730,000 1,855,000 -4,802,000  1,711,000 1,577,000 -4,808,000 -33,000 284,000 3,414,000 -4,780,000 3,496,000 924,000 339,000 -10,667,000 3,606,000 2,095,000 1,272,000 -10,162,000 2,175,000 -2,581,000 14,287,000 -7,680,000 3,925,000 2,059,000 1,440,000 -7,234,000 2,398,000 -4,519,000 7,644,000 -8,623,000 2,040,000 2,539,000 2,753,000 -6,194,000 1,920,000 220,000   
      other liabilities
    		3,078,000 486,000 1,929,000 73,000 3,002,000 -1,272,000 5,323,000 4,370,000 -795,000 -426,000 3,082,000 -12,049,000 15,137,000 -13,142,000 -1,718,000  -650,000 1,638,000 -1,893,000  2,702,000 4,723,000 -4,133,000 1,932,000 -563,000 187,000 -964,000 -1,320,000 310,000 50,000 522,000 2,670,000 1,695,000 2,112,000 -630,000             
      net cash from operating activities
    		240,306,000 293,375,000 252,492,000 292,413,000 270,400,000 252,085,000 257,872,000 262,996,000 253,260,000 251,933,000 241,183,000 220,660,000 241,004,000 225,280,000 233,182,000 187,794,000 213,413,000 197,363,000 205,208,000 117,546,000 80,818,000 30,928,000 198,785,000 166,616,000 219,605,000 142,658,000 221,423,000 136,215,000 212,596,000 119,866,000 185,756,000 109,607,000 196,864,000 107,551,000 184,689,000 108,925,000 195,103,000 106,484,000 103,858,000 52,863,000 104,756,000 61,310,000 100,759,000 52,252,000 94,786,000 46,494,000 79,727,000 
      capex
    		0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 
      free cash flows
    		240,306,000 293,375,000 252,492,000 292,413,000 270,400,000 252,085,000 257,872,000 262,996,000 253,260,000 251,933,000 241,183,000 220,660,000 241,004,000 225,280,000 233,182,000 187,794,000 213,413,000 197,363,000 205,208,000 117,546,000 80,818,000 30,928,000 198,785,000 166,616,000 219,605,000 142,658,000 221,423,000 136,215,000 212,596,000 119,866,000 185,756,000 109,607,000 196,864,000 107,551,000 184,689,000 108,925,000 195,103,000 106,484,000 103,858,000 52,863,000 104,756,000 61,310,000 100,759,000 52,252,000 94,786,000 46,494,000 79,727,000 
      investing activities
    		                                               
      capital project and maintenance expenditures
    		                                               
      proceeds from sales of property, net of costs
    		0 0 125,000                                             
      fundings for the tropicana las vegas lease
    		                                               
      investment in leases, financing receivables
    		   0 0 -110,163,000 -93,323,000 0    0 0 0 -129,047,000                                 
      acquisition of real estate
    		-130,000,000    -235,771,000    -36,547,000 -6,685,000 -412,324,000                                 0    
      originations of real estate loans
    		-13,517,000 -7,460,000 -3,209,000 -1,430,000 -70,730,000 -39,000,000 -14,000,000 0                                        
      acquisition of held to maturity investment securities
    		   0 -549,995,000 0 -340,975,000                                         
      maturities of held to maturity investment securities
    		0 0 549,995,000 0                                            
      net cash from investing activities
    		-166,870,000 -33,651,000 534,004,000 -428,797,000 -572,390,000 -156,356,000 -448,401,000 -15,533,000 -189,415,000 -23,801,000 -422,076,000 -7,529,000 -57,883,000 -157,659,000 -131,417,000 -572,997,000 31,991,000 -488,784,000 -1,044,000 -7,873,000 -480,000 -488,000 -646,000 -771,000 -689,000 -1,009,000 -348,000 -1,531,645,000 -5,607,000 10,081,000 17,387,000 17,642,000 18,661,000 -57,698,000 22,093,000 16,251,000 -307,745,000 -2,928,265,000 1,143,000 -65,000 -2,736,000 -5,257,000 -6,084,000 -15,113,000    
      financing activities
    		                                               
      dividends paid
    		-220,940,000 -220,933,000 -209,061,000 -208,776,000 -208,779,000 -206,583,000 -206,578,000 -197,582,000 -192,307,000 -189,313,000 -254,778,000 -183,987,000 -181,751,000 -174,724,000 -230,396,000 -165,739,000 -159,603,000 -157,063,000 -151,496,000 -27,645,000 -26,212,000 -25,869,000 -150,796,000 -150,506,000 -146,208,000 -146,212,000 -146,202,000 -145,833,000 -135,065,000 -134,820,000 -134,717,000 -134,160,000 -134,139,000 -131,770,000 -129,301,000 -124,713,000 -124,517,000 -113,452,000 -65,670,000 -63,262,000 -62,948,000 -62,871,000 -62,651,000     
      non-controlling interest distributions
    		-6,492,000 -6,508,000 -6,341,000 -6,147,000 -6,145,000 -6,147,000 -6,147,000 -5,587,000 -5,587,000 -5,509,000 -7,424,000 -5,194,000 -5,193,000                                   
      taxes paid related to shares withheld for tax purposes on restricted stock award vestings
    		-15,000 -1,000 -14,805,000  -16,000 1,000 -14,711,000  -2,000 0 -13,440,000  -61,000 1,000 -11,866,000  -81,000 0 -9,756,000  -2,706,000                           
      proceeds from issuance of common stock
    		-135,000   -4,000 139,204,000 0 9,016,000 179,742,000 210,787,000 14,355,000 64,329,000 156,158,000    409,262,000 182,848,000                               
      proceeds from issuance of long-term debt
    		        10,000,000 15,000,000 660,000,000 0 0       0 207,648,000 694,135,000 1,174,600,000 46,000,000 1,157,853,000 93,000,000 62,000,000 486,000,000 1,107,405,000   0 0   50,000,000 165,000,000       63,950,000 20,000,000 25,992,000 182,008,000 
      financing costs
    		-12,449,000 0 8,000      0 0 -1,000 -17,000 -4,475,000 -7,384,000 -31,000     0 -2,162,000   -24,000 -9,769,000 0 -236,000 -1,537,000 -11,144,000       -3,000 0 -31,199,000 -709,000 -2,812,000    0    
      repayments of long-term debt
    		-975,068,000 -30,000 -850,054,000 -40,000 -400,039,000 -39,000 -63,501,000 -10,038,000 -15,037,000 -60,037,000 -500,037,000 -36,000 -394,036,000 -454,054,000 -422,927,000  -34,000 -34,000 -33,000 -34,000 -225,012,000 -1,174,632,000 -661,206,000 -60,031,000 -1,200,857,000 -94,031,000 -123,030,000 -84,030,000 -156,486,000 -878,572,000 -45,029,000 -10,029,000 -75,028,000 -155,028,000 -95,027,000  -20,025,000           
      premium and related costs paid on debt extinguishment
    		                                               
      net cash from financing activities
    		74,115,000 175,565,000 -1,080,253,000   -212,768,000 -281,921,000 355,371,000 7,854,000 -225,504,000 -51,368,000 -33,074,000 -130,381,000 -217,355,000 -670,340,000 668,093,000 23,130,000 -86,774,000 -161,380,000 293,015,000   334,583,000 -164,578,000 -218,099,000 -147,244,000 -216,524,000 258,439,000 811,313,000 -30,895,000 -186,777,000 -141,829,000 -201,401,000 -43,704,000 -219,977,000 -113,979,000 114,262,000 2,783,959,000 -85,315,000 -53,663,000 -90,339,000 -70,361,000 -85,281,000 -32,500,000    
      net increase/(decrease) in cash and cash equivalents
    		                                               
      cash and cash equivalents at beginning of period
    		0 0 462,632,000 0 0 0 683,983,000 0 0 0 239,083,000 0 0 0 724,595,000 0 0 0 486,451,000 0 0 0 26,823,000 0 0 0 25,783,000 0 0 0 29,054,000 0 0 0 36,556,000 0 0 0 41,875,000 0 0 0 35,973,000 0    
      cash and cash equivalents at end of period
    		147,551,000 435,289,000 168,875,000 -31,503,000 399,641,000 -117,039,000 211,533,000 602,834,000 71,699,000 2,628,000 6,822,000 180,057,000 52,740,000 -149,734,000 156,020,000 301,371,000 275,630,000 -373,146,000 520,740,000 380,557,000 31,844,000 -485,495,000 559,545,000 1,267,000 817,000 -5,595,000 30,334,000 -1,136,991,000 1,018,302,000 99,052,000 45,420,000 -14,580,000 14,124,000 6,149,000 23,361,000 11,197,000 1,620,000 -37,822,000 61,561,000 -865,000 11,681,000 -14,308,000 45,367,000 4,639,000    
      amortization of debt issuance costs, bond premiums and original issuance discounts
    		 3,227,000 3,232,000  2,803,000 2,685,000 2,684,000  2,406,000 2,405,000 2,501,000  2,348,000 2,479,000 2,771,000  2,469,000 2,470,000 2,470,000  2,669,000 2,593,000 2,770,000 2,858,000 2,807,000 2,899,000 2,891,000 2,889,000                    
      (increase), decrease
    		                                               
      increase,
    		                                               
      capital project expenditures
    		 -21,070,000 -12,871,000   -7,051,000 -13,000 -7,836,000 -12,674,000 -17,116,000 -9,744,000 -7,472,000 -6,475,000 -7,512,000 -2,406,000 -12,316,000 -490,000 -514,000 -606,000         0 -6,000   0 -10,000 -60,000 -8,000             
      capital maintenance expenditures
    		 -121,000 -36,000   -462,000 -90,000   0 -8,000 -57,000 -66,000 -21,000 -15,000 -615,000 -303,000 -914,000 -438,000 -1,501,000 -488,000 -495,000 -646,000 -761,000 -709,000 -1,017,000 -530,000 -1,330,000 -970,000 -1,162,000 -822,000 -991,000 -460,000 -1,245,000 -482,000 -1,418,000 -496,000 -835,000 -362,000 -845,000 -382,000 -775,000 -951,000 -1,429,000    
      net decrease in cash and cash equivalents
    		 435,289,000 -293,757,000  399,641,000 -117,039,000 -472,450,000  71,699,000 2,628,000 -232,261,000  52,740,000                                   
      amortization of debt issuance costs, premiums and discounts
    		                                               
      accretion on financing receivables and adjustments to lease liabilities
    		                                               
      net accretion on held to maturity investment securities
    		   -6,726,000                                            
      gains on dispositions of property
    		                                               
      straight line rent and deferred rent adjustments
    		                                               
      impairment charges and losses on debt extinguishment
    		                                               
      benefit from credit losses
    		       -17,551,000 1,613,000   -21,961,000 -19,000 2,222,000 26,656,000                                 
      accounts payable, accrued expenses, accrued salaries and wages
    		                                               
      proceeds from assets held for sale
    		                                               
      return of contingent consideration from previous acquisition
    		   0 0                                           
      acquisition of real estate assets and deposit payments
    		                                               
      fundings under the tropicana las vegas lease
    		                                               
      taxes paid related to shares withheld for taxes on stock award vestings
    		                                               
      proceeds from issuance of long-term debt, net of senior note discounts
    		                                               
      financing costs and costs paid on tender of senior unsecured notes
    		                                               
      net increase in cash and cash equivalents
    		              -568,575,000 301,371,000 275,630,000 -373,146,000 34,289,000  31,844,000 -485,495,000 532,722,000 1,267,000 817,000 -5,595,000 4,551,000  1,018,302,000 99,052,000 16,366,000 -14,580,000   -13,195,000 11,197,000   19,686,000 -865,000   9,394,000     
      deferred rent and tenant improvement amortization
    		                                               
      net cash from (used) in financing activities
    		                                               
      straight-line rent adjustments and tenant improvement amortization
    		     -15,790,000 -15,790,000                                         
      costs paid on senior unsecured note redemption
    		        0 0 -17,000                                     
      deferred income taxes
    		               7,731,000 -2,486,000 -107,000 188,000 535,000 934,000 -1,056,000 38,000 -227,000 -62,000 -218,000 -248,000 -223,000 -182,000 -281,000 164,000 1,385,000 -666,000 -538,000 -742,000 -538,000 -173,000 -745,000 -79,000 1,366,000 -642,000 -1,151,000 -386,000 -160,000    
      straight-line rent adjustments
    		       -13,436,000 -8,942,000 -8,751,000 -8,752,000 -2,772,000 -3,045,000 3,066,000 -1,543,000 -1,449,000 -888,000 -828,000 -828,000 -818,000 -4,928,000 1,678,000 8,644,000 8,644,000 8,643,000 8,643,000 8,644,000 12,738,000 15,917,000 16,616,000 16,617,000 16,616,000 16,617,000 16,493,000 16,245,000 16,244,000 14,517,000 13,956,000 13,956,000 13,956,000        
      (decrease), increase
    		                                               
      dividend and accounts payable, accrued salaries, wages and expenses
    		                                               
      proceeds from assets held for sale and property and equipment, net of costs
    		                                               
      proceeds from sale of operations, net of transaction costs
    		               28,186,000                                
      loan loss recovery
    		                                               
      net increase in cash and cash equivalents, including cash classified within assets held for sale
    		              -568,575,000 282,890,000 268,534,000 -378,195,000 42,784,000                             
      decrease in cash classified within assets held for sale
    		                                               
      impairment charge
    		                                               
      impairment charge on land
    		                                               
      (gains) losses on dispositions of property
    		                   -41,390,000 4,000               5,000 -445,000 0 -15,000         
      deferred rent recognized
    		                                               
      decrease (increase) in cash classified within assets held for sale
    		                                               
      (gains) losses from dispositions of property
    		            -67,430,000                                   
      impairment charge and losses on debt extinguishment
    		                                               
      acquisition of real estate and deposit payments
    		                                               
      net decrease in cash and cash equivalents, including cash classified within assets held for sale
    		            52,740,000                                   
      less net change in cash classified within assets held for sale
    		                -7,096,000 -5,049,000 8,495,000                             
      proceeds from sales of property
    		             0 51,000                                 
      (costs) proceeds from issuance of common stock
    		             0 -37,000    -95,000                             
      (gains) or losses from dispositions of property
    		              -51,000                                 
      noncontrolling interest distributions
    		              -5,083,000                                 
      amortization of debt issuance costs, bond premiums and discounts
    		                                               
      (gains) losses on dispositions
    		               -7,029,000                                
      dividend payable, accounts payable and accrued expenses
    		                                               
      gaming, property and other taxes, other liabilities and income taxes
    		                                               
      proceeds from sale of property and equipment
    		               -9,000 2,003,000   0 8,000   -10,000 20,000 8,000 182,000 65,000 2,919,000   20,000 903,000   3,000 897,000 1,000 233,000 193,000 20,000 92,000 5,000 21,000 153,000   
      acquisition of real estate assets
    		               0 -26,000           -1,227,914,000    0 -386,000   -869,000 -326,633,000           
      investment in leases - financing receivable
    		                                               
      taxes paid for shares withheld on restricted stock award vestings
    		                                               
      repayments of long-term debt and related costs
    		                                               
      deferred revenue recognized
    		                    -141,718,000                           
      prepaid expenses and other assets
    		                3,713,000 396,000 2,907,000 -7,991,000 -571,000 -4,533,000 6,467,000 -3,947,000 189,000 1,034,000 -3,346,000 101,000   -1,001,000 -3,828,000 -841,000 407,000 -1,070,000             
      gaming, property and other taxes
    		                -49,000 -216,000 868,000  -863,000 822,000 -134,000 -167,000 145,000 -374,000 276,000 -407,000 377,000 -141,000 22,000 -286,000 342,000 -1,386,000 813,000 73,000 284,000 757,000 -201,000 -269,000 302,000       
      income taxes
    		                885,000 -1,918,000 1,880,000  -240,000      648,000    199,000    2,938,000       -1,343,000 1,572,000 2,059,000    
      premium and related costs paid on retirement of certain senior unsecured notes
    		                                               
      losses (gains) on dispositions of property
    		                               15,000 421,000 -11,000 105,000             
      losses on dispositions of property
    		                      1,000 42,000 37,000 6,000 7,000  129,000            22,000 66,000 1,000     
      accounts payable
    		                  -128,000  -282,000 785,000 -667,000 840,000 -5,000 -531,000 -1,809,000 660,000 1,390,000 -29,000 -225,000 280,000 3,000 -523,000 -181,000 449,000 302,000 -290,000 45,000 -962,000 681,000 680,000 -1,345,000 -170,000 -9,663,000 8,140,000 43,000 
      accrued expenses
    		                  735,000  -187,000 -1,285,000 1,556,000 -1,050,000 -525,000 784,000 521,000 -610,000 327,000 -46,000 203,000 374,000 -800,000 619,000 218,000 -549,000 -485,000 -2,651,000 -987,000 607,000 -133,000 3,352,000 415,000 -860,000    
      premium and related costs paid on tender of senior unsecured notes
    		                   0 0 -5,000 -15,742,000 0    0 0                   
      loan and goodwill impairment charges
    		                                               
      gaming, property and other taxes and other liabilities
    		                                               
      collections of principal payments on investment in direct financing lease
    		                           1,218,000 8,002,000 11,030,000 18,209,000 18,613,000 18,614,000 18,232,000 17,613,000 18,004,000 18,004,000           
      less decrease in cash classified within assets held for sale
    		                                               
      net increase/decrease in cash and cash equivalents
    		                                               
      loan impairment charges
    		                       0 0 0 13,000,000                     
      proceeds from issuance of stock from atm program net of offering costs
    		                    -50,000                           
      net cash from financing activity
    		                                               
      taxes paid related to shares withheld for tax purposes on restricted stock award vestings, net of proceeds from exercise of options
    		                      -12,583,000 -1,000 0 -1,000 -9,056,000   4,126,000 -7,031,000                 
      proceeds from issuance of stock from atm program offering costs
    		                      310,000                         
      goodwill impairment charges
    		                                               
      principal payments on loan receivable
    		                               0 0 0 13,200,000 538,000 537,000 538,000 1,537,000 3,037,000 538,000 537,000 538,000 1,000,000 1,000,000 5,000,000 2,000,000 
      atm program offering costs and proceeds from issuance of common stock
    		                                               
      paid-in-kind interest income
    		                                               
      atm program offering costs
    		                                               
      originations of mortgage loans receivable
    		                                               
      proceeds from exercise of options, net of taxes paid related to shares withheld for tax purposes on restricted stock award vestings
    		                           3,839,000    2,360,000 7,732,000 3,609,000 4,456,000             
      proceeds from issuance of common stock, net of issuance costs
    		                               0 34,000   -121,000 45,733,000           
      amortization of debt issuance costs
    		                             3,039,000 3,257,000 3,256,000 3,257,000 3,256,000 3,257,000 3,257,000 3,257,000 3,050,000 5,582,000 6,286,000 3,691,000 2,019,000 2,020,000 2,019,000 2,020,000 2,011,000 2,007,000 
      prepaid expenses, loan receivable and other assets
    		                                               
      deposit for pending acquisition of real estate assets
    		                                  -8,230,000             
      costs related to continuous equity offering
    		                                  -105,000             
      capital project expenditures, net of reimbursements
    		                                   -7,000 -54,000 -4,000 -265,000 -2,450,000 -2,949,000 -5,110,000 -5,640,000 -14,705,000    
      funding of loan receivable
    		                                           0    
      proceeds from exercise of options
    		                                   10,886,000 48,071,000 31,438,000 23,089,000 12,436,000 4,322,000 2,534,000 10,394,000 9,635,000 2,833,000 4,142,000 13,321,000 
      payments of long-term debt
    		                                      -42,025,000 -25,000 -25,025,000 -10,024,000 -33,024,000 -24,000    
      distribution in connection with 2013 pre-spin tax matter agreement
    		                                               
      prepaid expenses and other current assets
    		                                    14,798,000 -8,054,000 3,849,000 -8,682,000 -4,416,000 2,552,000 838,000 -2,926,000    
      other current and non-current liabilities
    		                                    390,000 0 703,000         
      other investing activities
    		                                         -1,000 -36,000     
      depreciation
    		                                      27,083,000 27,198,000 27,557,000 27,617,000 27,411,000 27,446,000 26,526,000 26,349,000 26,522,000 
      other current and noncurrent liabilities
    		                                       2,213,000 -976,000 213,000 449,000 519,000 -72,000 756,000 1,674,000 
      net advances to penn national gaming, inc.
    		                                               
      cash contributions to penn national gaming, inc. in connection with spin-off
    		                                               
      decrease (increase),
    		                                               
      gaming, pari-mutuel, property and other taxes
    		                                          -406,000 -75,000 -7,368,000 2,995,000 4,975,000 
      increase in cash escrow
    		                                               
      dividends paid, including the purging distribution
    		                                               
      losses (gains) on sales of property
    		                                            -146,000 1,000 158,000 
      charge for stock-based compensation
    		                                            3,536,000 3,136,000 1,951,000 
      cash and cash equivalents at beginning of year
    		                                             0 285,221,000 
      cash and cash equivalents at end of year
    		                                             -6,599,000 48,278,000 
      increase in cash in escrow
    		                                               
      gain on sale of fixed assets
    		                                               
      accounts receivable
    		                                               
      other current liabilities
    		                                               
      expenditures for property and equipment, net of reimbursements
    		                                               
      cash distributions to penn national gaming, inc.
    		                                               
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.