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Note 7 - Gaming License (Licensing Agreements [Member])
 12 Months Ended
Dec. 28, 2014
Licensing Agreements [Member]
  
Note 7 - Gaming License [Line Items]  
Intangible Assets Disclosure [Text Block]

7. Gaming License


In April 2012, the State of Maryland Video Lottery Facility Location Commission awarded a video lottery operation license (“Gaming License”) to the Company for Rocky Gap. Amortization of the Gaming License began on May 22, 2013, the date the gaming facility opened for public play. The Gaming License is being amortized over its 15 year term. Amortization expense related to the Gaming License was approximately $0.1 million for each of the fiscal years ended December 28, 2014 and December 29, 2013. There was no amortization expense for the fiscal year ended December 30, 2012.


Information with respect to the Gaming License is as follows (in thousands):


   

December 28,

2014

   

December 29,

2013

 

Original cost

  $ 2,100     $ 2,100  

Accumulated amortization

    (225 )     (85 )
    $ 1,875     $ 2,015  

The estimated future amortization expense related to the Gaming License for the next five years and thereafter is as follows (in thousands): 


   

2015

   

2016

   

2017

   

2018

   

2019

   

Thereafter

 

Estimated amortization expense

  $ 140     $ 140     $ 140     $ 140     $ 140     $ 1,175