Summary of Selected Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

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 and per share information)	2015		2014
Basic earnings per share:
Net income	$	523	$	485
Weighted average common shares	8,821,205		8,809,894
Basic earnings per share	$	0.06	$	0.06
Diluted earnings per share:
Net income	$	523	$	485
Weighted average common shares	8,821,205		8,809,894
Addition due to the effect of dilutive securities using the treasury stock method:	14		2,482
Stock options, restricted stock and warrants Stock issuable under the Deferred Compensation Plan	423,664		309,606
Dilutive potential common shares	9,244,883		9,121,982
Diluted earnings per share	$	0.06	$	0.05

Schedule of estimated useful lives of property and equipment

Asset	Estimated Useful Life
Buildings	20-50 years
Furniture, fixtures and equipment	3-12 years
Leasehold improvements	5-20 years

Schedule of property and equipment

	As of March 31, 2015			As of December 31, 2014
	(unaudited)
Land	$	2,798		$	3,148
Building and improvements	29,806			33,480
Furniture, fixtures and equipment	9,903			10,940
	42,507			47,568
Less accumulated depreciation and amortization	(11,155		)	(12,099		)
	$	31,352		$	35,469

Schedule of impact of foreign currency translation on goodwill

	Applicable	Goodwill
As of March 31, 2015 (in thousands, except FX)	Foreign Exchange Rate (“FX”) (2)	German reporting unit		Austrian 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	103,072	CZK	18,195	CZK	121,267
2003 CZK balance, translated to USD, at March 31, 2015 FX rate of:	25.5860	USD	4,029	USD	711	USD	4,740
Net cumulative change to goodwill due to foreign currency translation		USD	987	USD	174	USD	1,161

(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.

Summary of changes in gaming tax law

Based on the Gaming Tax Law

that became effective January 1, 2012.

Live Games	20% Gaming Tax (*) from revenue earned from live games (70% of tax paid to the federal government; 30% paid to the local municipality).
Slots	20% Gaming Tax (*) from revenue earned from slot games (20% of tax paid to the federal government; 80% paid to the local municipality);
	Fifty-five Korunas (or two U.S. dollars) Gaming Tax per Slot Machine, per Day (paid to the federal government).

* Gaming taxes are to be paid quarterly, by the 25th day following the end of a quarter.

  TWC was current on all of its Czech gaming tax payments at March 31, 2015 and through the date of this report.

Schedule of gaming-related taxes and fees

	(UNAUDITED)
	For the Three Months Ended
(amounts in thousands)	2015			2014
Gaming revenues (excluding ancillary revenues)	$	8,199		$	8,314
Gaming taxes	1,709			1,750
Gaming taxes as % of gaming revenues (above)	20.8		%	21.0		%