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(5) INVESTMENTS AVAILABLE-FOR-SALE
9 Months Ended
Sep. 30, 2011
Investment [Text Block]
(5)         INVESTMENTS AVAILABLE-FOR-SALE

Investment securities consist of equity securities, which are classified as available-for-sale securities. Available-for-sale securities are recorded at fair value and unrealized holding gains and losses are excluded from earnings and are reported as a separate component of comprehensive income until realized. Realized gains and losses from the sale of available-for-sale securities are determined on a specific-identification basis. A decline in the market value of any available-for-sale security below cost that is deemed to be other-than-temporary results in a reduction in the carrying amount to fair value. Any resulting impairment is charged to other expense and a new cost basis for the security is established.

The Company held one investment available-for-sale asset, which was comprised of 2,518,260 shares of its Australian licensee eBet Limited (eBet), an Australian gaming technology corporation. The Company’s holding in eBet represented less than 1% of eBet’s current outstanding shares.  During the nine months ended September 30, 2011, the Company began selling its shares of eBet, and as of September 30, 2011, the Company no longer held any shares in this investment.  The Company recognized a loss on the sale of these shares of approximately $12,000 and $30,000 for the three and nine months ended September 30, 2011, respectively, which is included in other income (expense), net. At December 31, 2010, the unrealized gain in the investment was $20,000 and was recorded in accumulated other comprehensive income in the Company’s consolidated balance sheets (see Note 10).  There were no remaining unrealized gains or losses relating to this investment as of September 30, 2011.