Summary of Selected Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2013

Summary of Selected Significant Accounting Policies

Schedule of impact of dilution on earnings per share from continuing operations, based on the treasury stock method

	(UNAUDITED)
	For the Three Months Ended
(amounts in thousands, except for	March 31,
share information)	2013		2012
Basic Earnings Per Share:
Income from continuing operations	$	268	$	503
Weighted average common shares	8,828,483		8,871,635
Basic earnings per share	$	0.03	$	0.06
Diluted Earnings Per Share:
Income from continuing operations	$	268	$	503
Weighted average common shares	8,828,483		8,871,635
Addition due to the effect of dilutive securities:
Stock options and warrants (1)	3,405		21,451
Stock issuable under the Deferred Compensation Plan	223,617		148,822
Dilutive potential weighted average common shares	9,055,505		9,041,908
Diluted earnings per share	$	0.03	$	0.06

(1) Per the treasury stock method.

Schedule of estimated useful lives of property and equipment

Asset	Estimated Useful Life
Building and improvements	5-50 years
Furniture, fixtures and other equipment	4-12 years

Schedule of property and equipment

	As of March 31, 2013			As of December 31, 2012
	(unaudited)
Land	$	2,561		$	2,691
Building and improvements	29,512			31,131
Furniture, fixtures and other equipment	12,825			13,122
	44,898			46,944
Less accumulated depreciation and amortization	(12,566		)	(12,877		)
	$	32,332		$	34,067

Schedule of impact of foreign currency translation on goodwill

	Applicable	Goodwill
(UNAUDITED)	Foreign Exchange	German		Austrian
As of March 31, 2013 (in thousands, except FX)	Rate (“FX”)(2)	reporting unit		reporting unit		Total
Residual balance, as of January 1, 2003 (in USD) (1)		USD	3,042	USD	537	USD	3,579
USD residual balance, translated at June 30, 1998 (date of acquisition) FX rate of:	33.8830	CZK	103,077	CZK	18,190	CZK	121,267
2003 CZK balance, translated to USD, at March 31, 2013 FX of:	20.0417	USD	5,143	USD	908	USD	6,051
Net increase to Goodwill		USD	2,101	USD	371	USD	2,472

(1) Goodwill was amortized over 15 years until the Company started to comply with revised GAAP requirements, as of January 1, 2002. This balance represents the remaining, unamortized goodwill, after an impairment charge taken prior to January 1, 2003.

(2) FX (interbank) rates taken from www.Oanda.com.

Schedule of promotional allowances

	(UNAUDITED)
	For the Three Months Ended
	March 31,
(amounts in thousands)	2013			2012
Cost of gratuitous food and beverages (A)	$	571		$	538
Average cost of food and beverages sold(B)	36.6		%	34.1		%
Retail value of food and beverages (A/B)	$	1,560		$	1,578
Retail value of hotel accommodations	15			8
Total promotional allowances	$	1,575		$	1,586

Summary of changes in gaming tax law

	New Gaming Tax Law *
	(effective January 1, 2012)
Live Games	20% Gaming Tax from Win (70% of tax to federal; 30% to local municipality).
Slots	20% Gaming Tax from Win (20% of tax to federal; 80% to local municipality); 55 CZK (or $3) Gaming Tax per Slot Machine, per Day.
Net Income	19% corporate income tax on adjusted net income, net of exemptions (to federal)

* The new Gaming Tax is to be paid quarterly, by the 25th day following the end of a quarter, while the 2012 corporate income tax obligation is to be paid by end of June of the subsequent year, followed by estimated quarterly payments beginning in September 2013.

Schedule of gaming-related taxes and fees

	(UNAUDITED)
	For the Three Months Ended
(amounts in thousands)	2013			2012
Gaming revenues (live-game and slot only)	$	7,457		$	8,563
Gaming taxes on live games and slots	1,573			1,764
Licensing fees (eliminated in 2012) *				143
Total gaming taxes and fees	$	1,573		$	1,907
as % of gaming revenue	21.1		%	22.3		%

* As the non-refundable, six-month licensing fees effective for January 2012 through June 2012 were paid in October 2011, prior to the passing of New Gaming Tax laws in December 2011, the Company incurred additional taxes for the first six months of 2012.  Excluding the non-recurring licensing fees, the gaming taxes and fees for the year 2012 would have been 20.6% of gaming revenue.