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Income/(loss) from operations decreased from income of $240 million to a loss of $66 million primarily due to a decrease of $287 million in net revenues in 2020 compared with 2019, as explained above. In addition, due to the COVID 19 public health emergency, our revised outlook and projected revenues resulted in impairments to intangible assets of $32 million in 2020. We also entered into an agreement to sell Bally’s Atlantic City in April 2020 which resulted in an impairment charge to property and equipment of $33 million.
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