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Condensed Consolidated Statements of Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Casino $ 34,876,560 $ 26,076,953 $ 60,048,116 $ 49,289,639
Food and beverage 12,110,284 10,933,018 22,696,078 21,025,756
Hotel 5,305,178 5,490,621 9,673,620 10,494,662
Other 2,245,285 1,930,784 4,382,641 3,830,046
Gross revenues 54,537,307 44,431,376 96,800,455 84,640,103
Less promotional allowances (8,695,525) (7,271,503) (16,328,581) (14,194,414)
Net revenues 45,841,782 37,159,873 80,471,874 70,445,689
Operating expenses        
Casino 13,853,725 9,589,732 23,749,312 19,066,039
Food and beverage 5,042,444 4,903,568 9,768,197 9,592,125
Hotel 1,546,694 1,568,538 2,841,888 2,997,491
Other 765,841 719,231 1,492,065 1,453,177
Selling, general and administrative 15,362,510 11,274,007 27,047,891 22,181,235
Depreciation and amortization 4,260,205 3,436,015 7,635,289 6,830,401
Acquisition expense 1,625,930   1,700,521  
Total operating expenses 42,457,349 31,491,091 74,235,163 62,120,468
Income from operations 3,384,433 5,668,782 6,236,711 8,325,221
Other expenses        
Interest expense (577,000) (194,746) (905,661) (483,268)
Total other expense (577,000) (194,746) (905,661) (483,268)
Income before income taxes 2,807,433 5,474,036 5,331,050 7,841,953
Provision for income taxes (1,014,675) (1,915,900) (1,896,925) (2,744,671)
Net income $ 1,792,758 $ 3,558,136 $ 3,434,125 $ 5,097,282
Net income        
Basic (in dollars per share) $ 0.11 $ 0.22 $ 0.21 $ 0.32
Diluted (in dollars per share) $ 0.11 $ 0.22 $ 0.21 $ 0.31
Weighted average number of common shares and potential common shares outstanding        
Basic (in shares) 16,139,074 16,138,158 16,138,616 16,138,158
Diluted (in shares) 16,249,450 16,223,488 16,253,730 16,223,207