NOTE 7—GOODWILL

Goodwill of the Company at December 31, 2011 and 2010 is comprised of the following (in thousands):


	Racing Operations		Gaming			Other Investments		On-line Business			Total
Balance as of December 31, 2009	$	50,401	$	3,127		$	1,258	$	60,563		$	115,349
Additions		—		31,955			—		67,224			99,179

Balance as of December 31, 2010		50,401		35,082			1,258		127,787			214,528
Reductions		—		(393	)		—		(423	)		(816	)

Balance as of December 31, 2011	$	50,401	$	34,689		$	1,258	$	127,364		$	213,712

During the year ended December 31, 2011, the Company reduced goodwill by $0.8 million related to the resolution of the working capital calculation with its Harlow's acquisition and the adjustment of certain deferred income tax assets and liabilities associated with its Harlow's and Youbet acquisitions.