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Condensed Consolidated Statements Of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
OPERATING REVENUES:        
Pari-mutuel $ 4,058,977 $ 3,581,235 $ 9,327,663 $ 8,452,552
Card Casino 6,061,877 6,413,018 18,941,554 19,006,129
Concessions 2,797,639 2,429,095 5,576,638 5,157,968
Other 1,459,766 1,514,233 3,056,812 2,987,664
Total Revenues 14,378,259 13,937,581 36,902,667 35,604,313
Less: Promotional Allowances (103,800) (61,289) (202,690) (155,227)
Net Revenues 14,274,459 13,876,292 36,699,977 35,449,086
OPERATING EXPENSES:        
Purse expense 2,369,657 2,184,055 5,210,118 4,934,855
Minnesota Breeders' Fund 263,992 249,582 663,069 644,230
Other pari-mutuel expenses 365,675 335,569 1,210,025 1,157,079
Salaries and benefits 5,639,944 5,444,389 15,496,465 14,806,038
Cost of sales 1,380,994 1,255,335 2,935,807 2,776,276
Depreciation 467,490 434,037 1,360,770 1,318,617
Utilities 513,886 460,244 1,094,092 963,183
Advertising and marketing 599,357 617,623 1,467,162 1,297,905
Gain on disposal of assets (22,000)   (23,752)  
Other operating expenses 2,420,759 2,508,879 6,173,564 6,452,715
Total Operating Expenses 13,999,754 13,489,713 35,587,320 34,350,898
INCOME FROM OPERATIONS 274,705 386,579 1,112,657 1,098,188
NONOPERATING REVENUES:        
Interest income 553 1,296 2,225 4,635
Net Other Income 553 1,296 2,225 4,635
INCOME BEFORE INCOME TAXES 275,258 387,875 1,114,882 1,102,823
INCOME TAX EXPENSE (104,755) (185,841) (460,050) (534,821)
NET INCOME $ 170,503 $ 202,034 $ 654,832 $ 568,002
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING 4,159,588 4,118,880 4,160,149 4,124,345
WEIGHTED AVERAGE NUMBER OF DILUTIVE SHARES OUTSTANDING 4,177,124 4,150,131 4,182,426 4,169,643
BASIC NET INCOME PER COMMON SHARE $ 0.04 $ 0.05 $ 0.16 $ 0.14
DILUTED NET INCOME PER COMMON SHARE $ 0.04 $ 0.05 $ 0.16 $ 0.14