Global Casinos, Inc. and Subsidiaries - Consolidated Statements of Cash Flows (unaudited) (USD $)	6 Months Ended		12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (494,502)	$ (131,663)	$ (1,379,431)
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Depreciation and amortization	228,028	230,955
Loss on disposals of fixed assets	5,679	232
Warrants issued to convertible debt placement agent	65,000
Changes in operating assets and liabilities
Change in Accrued gaming income	(8,419)	196,726
Change in Inventories	(1,959)	263
Change in Other current assets	(94,122)	20,517
Change in Accounts payable and accrued expenses	59,860	(23,450)
Change in Joint venture obligation	(2,145)
Change in Accrued interest	12,533	(182)
Change in Other current liabilities	46,046	(1,727)
Net cash provided by operating activities	(184,001)	291,671
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of trading securities		(120,000)
Purchases of building improvements and equipment	(13,091)	(37,251)
Net cash used in investing activities	(13,091)	(157,251)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds upon issuance of convertible debt	703,500	120,000
Principal payments on long-term debt	(103,407)	(151,377)
Payments on loan participation obligations	(14,941)	(15,547)
Payment of Series D preferred stock dividends	(28,467)	(28,467)
Net cash used in financing activities	556,685	(75,391)
Net increase in cash	359,593	59,029
Cash at beginning of period	531,208	578,584	578,584
Cash at end of period	890,801	637,613	531,208
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	47,451	57,368
SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accrued and unpaid dividends on Series D preferred stock	14,311	14,311
Allocation of fair value of warrants to convertible debt	322,000
Allocation of beneficial conversion feature to convertible debt	$ 381,500