Note 11 - Recent Accounting Pronouncements	9 Months Ended
Sep. 30, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	11. Recent Accounting Pronouncements In May 2014, August 2015 and May 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014 - 09 Revenue from Contracts with Customers , ASU 2015 - 14 Revenue from Contracts with Customers, Deferral of the Effective Date , and ASU 2016 - 12 Revenue from Contracts with Customers, Narrow-Scope Improvements and Practical Expedients , respectively, which implement Accounting Standards Codification (“ASC”) Topic 606. ASC Topic 606 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance under U.S. generally accepted accounting principles (“GAAP”), including industry-specific guidance. It also requires entities to disclose both quantitative and qualitative information that enable financial statements users to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amendments in these ASUs are effective for annual periods beginning after December 15, 2017, and interim periods therein. These ASUs may be applied retrospectively with a cumulative adjustment to retained earnings in the year of adoption. We have evaluated this guidance and do not expect a material impact on our historical gaming parts distribution business except for providing additional footnote disclosures related to revenue. We have also evaluated the impact of implementing this guidance as it relates to our gaming equipment servicing business acquired in our acquisition of Advanced Gaming Associates LLC in November 2016 and do not expect a material impact except for providing additional footnote disclosures related to revenue. In February 2016, the FASB issued ASU No. 2016 - 02, Leases (ASU No. 2016 - 02 ), which will replace the existing guidance in ASC 840, Leases. The updated standard aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. This amendment is effective for the Company in the fiscal year beginning after December 15, 2019, but early adoption is permissible. When the standard becomes effective, we expect that our property, plant and equipment will increase due to the addition of assets under lease. Lease liabilities will have a corresponding increase. There is not expected to be a significant impact on the statement of operations.

11.

Recent Accounting Pronouncements

May 2014,

August 2015

and

May 2016,

the

Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”)

2014

Revenue from Contracts with Customers

, ASU

2015

Revenue from Contracts with Customers, Deferral of the Effective Date

, and ASU

2016

Revenue from Contracts with Customers, Narrow-Scope Improvements and Practical Expedients

, respectively, which implement Accounting Standards Codification (“ASC”) Topic

606.

ASC Topic

606

outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance under U.S. generally accepted accounting principles (“GAAP”), including industry-specific guidance. It also requires entities to disclose both quantitative and qualitative information that enable financial statements users to understand the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The amendments in these ASUs are effective for annual periods beginning after

December 15, 2017,

and interim periods therein. These ASUs

may

be applied retrospectively with a cumulative adjustment to retained earnings in the year of adoption. We have evaluated this guidance and do

not

expect a material impact on our historical gaming parts distribution business except for providing additional footnote disclosures related to revenue. We have also evaluated the impact of implementing this guidance as it relates to our gaming equipment servicing business acquired in our acquisition of Advanced Gaming Associates LLC in

November 2016

and do

not

expect a material impact except for providing additional footnote disclosures related to revenue.

February 2016,

the FASB issued ASU

No.

2016

02,

Leases

(ASU

No.

2016

), which will replace the existing guidance in ASC

840,

Leases. The updated standard aims to increase transparency and comparability among organizations by requiring lessees to recognize lease assets and lease liabilities on the balance sheet and requiring disclosure of key information about leasing arrangements. This amendment is effective for the Company in the fiscal year beginning after

December

15,

2019,

but early adoption is permissible.

When the standard becomes effective, we expect that our property, plant and equipment will increase due to the addition of assets under lease.

Lease liabilities will have a corresponding increase. There is

not

expected to be a significant impact on the statement of operations.