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TAXES
9 Months Ended
Sep. 30, 2015
TAXES.  
TAXES

 

NOTE 7. TAXES

 

For the nine months ended September 30, 2015, the Company’s effective tax rate was 35.4% compared to 37.7% for the nine months ended September 30, 2014. The higher effective tax rate in 2014 is primarily attributable to the $1.8 million expense related to the campaign against the proposed 2014 ballot initiatives to expand gaming in Colorado which is not deductible for federal and state tax purposes.