v3.26.1
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
 6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]  
INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES
Investments in and advances to unconsolidated affiliates were $638 million and $536 million as of June 30, 2026 and December 31, 2025, respectively. The Company’s share of losses of BetMGM North America Venture in excess of its equity method investment balance is $131 million and $160 million as of June 30, 2026 and December 31, 2025, respectively, which is recorded within “Other accrued liabilities” on the consolidated balance sheets.

The Company recorded its share of income from unconsolidated affiliates as follows:
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2026202520262025
 (In thousands)
Income from unconsolidated affiliates$25,838 $25,860 $35,864 $12,964 
Non-operating items from unconsolidated affiliates2,525 (4,055)18 (3,793)
 $28,363 $21,805 $35,882 $9,171 

The following table summarizes the Company’s share of operating income from unconsolidated affiliates:
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2026202520262025
 (In thousands)
BetMGM North America Venture
$23,097 $21,770 $30,457 $6,569 
Other2,741 4,090 5,407 6,395 
 $25,838 $25,860 $35,864 $12,964