XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Global Casinos, Inc. and Subsidiaries - Consolidated Statements of Operations (unaudited) (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Revenues:        
Casino $ 1,267,712 $ 1,372,962 $ 2,633,587 $ 2,865,276
Promotional allowances (45,625) (41,993) (87,145) (82,208)
Net Revenues 1,222,087 1,330,969 2,546,442 2,783,068
Expenses:        
Casino operations 1,339,173 1,335,140 2,641,383 2,769,370
Operating, general, and administrative 210,511 36,328 275,299 88,008
Loss on asset disposals     5,679 232
Total Expenses 1,549,684 1,371,468 2,922,361 2,857,610
Loss from operations (327,597) (40,499) (375,919) (74,542)
Other income (expense):        
Interest (92,474) (28,109) (118,583) (57,121)
Loss before provision for income taxes (420,071) (68,608) (494,502) (131,663)
Net loss (420,071) (68,608) (494,502) (131,663)
Series D Preferred dividends (14,311) (14,311) (28,622) (28,622)
Net loss attributable to common shareholders $ (434,382) $ (82,919) $ (523,124) $ (160,285)
Loss per common share:        
Loss per common share, Basic $ (0.06) $ (0.01) $ (0.08) $ (0.02)
Loss per common share, Diluted $ (0.06) $ (0.01) $ (0.08) $ (0.02)
Weighted average shares outstanding:        
Weighted average shares outstanding, Basic 6,798,488 6,420,488 6,798,488 6,420,488
Weighted average shares outstanding, Diluted 6,798,488 6,420,488 6,798,488 6,420,488