Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

Reconciliation Of Effective Tax Rate

	2016		2015
Federal tax expense at statutory rates	$	2,445,273	$	1,569,667
Nondeductible lobbying expense		23,460		25,536
State expense, net of federal impact		477,566		312,950
Stock option expense		-		(910)
Other		(22,299)		(17,594)
	$	2,924,000	$	1,889,649

Income Tax Expense (Benefit)

	2016		2015
Current
Federal	$	666,857	$	932,257
State		242,043		321,992
		908,900		1,254,249
Deferred, Federal		1,684,100		538,600
Deferred, State		331,000		96,800
	$	2,924,000	$	1,889,649

Deferred Tax Assets And Liabilities

	2016		2015
Deferred tax liabilities
Vacation accrual	$	78,200	$	79,600
Player rewards program accrual		199,100		191,600
Stock options and stock appreciation rights		183,100		256,300
Tax depreciation greater than book depreciation		(3,772,000)		(2,408,400)
Deferred gain on sale of land		(410,000)		(453,800)
Land, building and equipment - cost and depreciation		(676,300)		-
Long-term incentive plan		29,700		-
Other		11,200		(7,200)
Net long-term deferred tax (liabilities) assets	$	(4,357,000)	$	(2,341,900)