Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 12,989,087	$ 11,869,866
Restricted cash	3,116,916	3,728,887
Short-term investments	5,000,000	0
Accounts receivable, net of allowance of $19,250 at December 31, 2022 and 2021	618,365	388,304
Employee retention credit receivable	6,103,236	6,314,468
Inventory	262,073	248,389
Prepaid expenses	557,520	580,799
Income taxes receivable and prepaid income taxes	2,052,364	1,264,056
Total current assets	30,699,561	24,394,769
LONG-TERM ASSETS
Deposits	27,000	29,500
Other prepaid expenses	41,774	66,632
TIF receivable	13,294,337	12,502,743
Related party receivable (Note 13)	2,555,320	2,178,799
Operating lease right-of-use assets	0	22,786
Equity investment (Note 12)	6,863,517	6,389,869
Land held for development	2,303,010	3,116,771
Land, buildings, and equipment, net (Note 3)	36,491,660	34,360,586
Total long-term assets	61,576,618	58,667,686
TOTAL ASSETS	92,276,179	83,062,455
CURRENT LIABILITIES
Accounts payable	3,368,683	2,306,431
Casino accruals	2,684,444	3,257,277
Accrued wages and payroll taxes	1,814,879	1,769,578
Cash dividend payable	341,602	0
Accrued property taxes	795,646	774,324
Deferred revenue	413,442	733,292
Payable to horsepersons	993,529	923,423
Current portion of finance lease obligations	18,973	27,062
Current portion of operating lease obligations	0	22,786
Total current liabilities	10,431,198	9,814,173
LONG-TERM LIABILITIES
Deferred income taxes (Note 4)	7,474,015	7,671,015
Investee losses in excess of equity investment	3,185,923	1,205,068
Finance lease obligations, net of current portion	0	18,973
Total long-term liabilities	10,659,938	8,895,056
TOTAL LIABILITIES	21,091,136	18,709,229
STOCKHOLDERS’ EQUITY (Note 5)
Common stock, $.01 par value, 10,000,000 shares authorized, 4,888,975 and 4,812,085, respectively, shares issued and outstanding	48,890	48,121
Additional paid-in capital	25,914,644	24,894,571
Retained earnings	45,221,509	39,410,534
Total stockholders’ equity	71,185,043	64,353,226
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 92,276,179	$ 83,062,455