Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Summary of retail value amounts included in promotional allowances

The retail value amounts included in promotional allowances for the years ended December 31, 2013 and 2012 are as follows:



	Year ended December 31,
	2013		2012
	(in thousands)
Food and beverage	$	1,835	$	1,605
Non-subsidized free play	3,106		1,459
Players club awards	516		585

Total retail value of promotional allowances	$	5,457	$	3,649

Summary of estimated cost of providing complimentary food, beverages and other items

The estimated cost of providing complimentary food, beverages and other items for the years ended December 31, 2013 and 2012 are as follows:



	Year ended December 31,
	2013		2012
	(in thousands)
Food and beverage	$	2,154	$	1,605
Non-subsidized free play	1,832		861
Players club awards	516		585
Total cost of promotional allowances	$	4,502	$	3,051

Summary of useful lives for property, plant and equipment

The Company provides for depreciation on property and equipment used by applying the straight-line method over the following estimated useful lives:



Assets	Estimated Useful Lives
Vehicles	5-10 years
Furniture, fixtures and equipment	5-10 years
Land improvements	20 years
Building improvements	40 years
Buildings	40 years

Property and equipment at December 31 consists of:



	(in thousands)
	2013			2012
Land	$	770		$	770
Land improvements	1,672			1,619
Buildings	4,727			4,727
Building improvements	25,571			24,875
Vehicles	273			261
Furniture, fixtures and equipment	3,357			3,712
Construction in Progress	256			136
	36,626			36,100
Less—Accumulated depreciation	(10,471		)	(9,532		)
	$	26,155		$	26,568

Summary of the approximate number of common stock equivalents outstanding

The following table shows the approximate number of common stock equivalents outstanding at December 31, 2013 and 2012 that could potentially dilute basic earnings per share in the future, but were not included in the calculation of diluted loss per share for the years ended December 31, 2013 and 2012, because their inclusion would have been anti-dilutive.



	Outstanding at December 31,
	2013	2012
Options	1,890,000	2,204,000
Warrants	1,083,000	1,083,000
Option Matching Rights	999,000	1,276,000
Restricted stock	163,000	100,000
Shares to be issued upon conversion of long-term loan, related party	6,575,000	6,575,000
Total	10,710,000	11,238,000