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Note 4 - Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Vacation accrual $ 60,500 $ 55,700
Player rewards program accrual 112,200 166,900
Stock options 149,000 86,200
Long-Term Incentive Plan 38,100 32,500
Lease obligations 13,200 20,600
Charitable contribution carryovers 0 15,300
State net operating loss 0 374,000
Other 5,685 15,500
Total net deferred tax assets 378,685 766,700
Land, building and equipment - cost and depreciation (4,341,400) (4,381,600)
Investment in joint ventures (3,202,500) (3,387,200)
Prepaid Expenses (125,500) (144,900)
TIF receivable accrued interest (380,300) (200,700)
Total net deferred tax liabilities (8,049,700) (8,114,400)
Net long-term deferred tax liabilities $ (7,671,015) $ (7,347,700)