Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues    
Casino $ 144,495 $ 131,584
Food and beverage 32,471 28,797
Hotel 8,863 8,637
Other operations 4,444 4,394
Gross revenues 190,273 173,412
Less promotional allowances (29,006) (27,420)
Net revenues 161,267 145,992
Operating expenses    
Casino 76,305 68,127
Food and beverage 12,528 9,804
Hotel 1,084 969
Other operations 1,923 1,561
Project development and acquisition costs 284 1,314
Selling, general and administrative 53,472 49,756
Depreciation and amortization 8,602 7,928
Loss on disposal of assets and other, net 12 344
Total operating costs and expenses 154,210 139,803
Operating income 7,057 6,189
Other expense, net    
Interest expense, net of amounts capitalized (10,856) (9,486)
Debt modification costs 0 (624)
Adjustment to fair value of stock warrants (1,379) (543)
Non-operating expense (12,235) (10,653)
Loss before income taxes (5,178) (4,464)
Income tax (benefit) expense (150) 630
Net Income (loss) $ (5,028) $ (5,094)
Basic and diluted loss per share (in dollars per share) $ (0.22) $ (0.26)
Basic and diluted weighted average number of common shares outstanding (in shares) 22,882,960 19,601,842