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Condensed Consolidated Statements Of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities:    
Net income $ 532,504 $ 210,555
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 473,580 460,500
Stock-based compensation expense 42,583 55,508
(Decrease) increase in deferred income tax liability (159,700) 316,500
Tax benefit from exercise of stock options 19,144 7,100
Changes in operating assets and liabilities:    
Increase in restricted cash (232,894) (32,299)
Increase in accounts receivable (202,326) (74,508)
Decrease in other current assets 49,029 78,218
Increase in income taxes payable 368,980 97,066
Increase in accounts payable and accrued wages and payroll taxes 713,525 146,755
Increase in Card Casino accruals 464,719 263,456
Increase in accrued property taxes 151,173 147,300
Increase in payable to horsepersons 56,639 24,043
Increase (decrease) in due to MHBPA 3,478 (44,826)
Net cash provided by operating activities 2,280,434 1,655,368
Investing Activities:    
Additions to buildings and equipment (119,772) (62,725)
Purchase of investments   (100,000)
Net cash used in investing activities (119,772) (162,725)
Financing Activities    
Proceeds from issuance of common stock 80,589 24,066
Tax benefit from exercise of stock options 19,144 7,100
Net cash provided by financing activities 99,733 31,166
Net increase in cash 2,260,395 1,523,809
Cash at beginning of period 8,268,779 5,451,462
Cash at end of period 10,529,174 6,975,271
Supplemental disclosure of noncash investing activities:    
Additions to buildings and equipment funded through accounts payable 38,658 66,951
Proceeds from issuance of common stock funded through shares swapped   165,625
Supplemental disclosure of cash flow information:    
Income taxes paid, net of refunds $ 226,000