Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.0.6
Consolidated Statements of Operations (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Casino $ 25,715,472 $ 1,541,052
Food and beverage 1,326,828 412,583
Hotel 115,509  
Management fees 5,809,869 6,364,242
Other operations 358,662 26,350
Total revenues 33,326,340 8,344,227
Operating costs and expenses    
Casino 14,770,727 522,456
Food and beverage 1,175,023 472,773
Hotel 144,434  
Other operations 1,151,688  
Project development and acquisition costs 97,049 531,809
Selling, general and administrative 8,560,628 1,653,708
Depreciation and amortization 1,865,295 851,744
Total operating costs and expenses 27,764,844 4,032,490
Operating gains    
Gain on sale of joint venture 40,762,005  
Equity in net income of unconsolidated joint venture, and related guaranteed payments   1,495,322
Unrealized gains on notes receivable, tribal governments   24,575
Total operating gains 40,762,005 1,519,897
Operating income 46,323,501 5,831,634
Other income (expense)    
Interest expense (734,210) (210,635)
Gain on derivative instrument 8,472  
Other income 4,825 387
Loss on extinguishment of debt (1,719,269)  
Other income (expense), net (2,440,182) (210,248)
Income before income taxes 43,883,319 5,621,386
Income tax expense (15,853,814) (1,406,863)
Net income 28,029,505 4,214,523
Income attributable to non-controlling interest in consolidated joint venture (2,181,172) (2,607,079)
Net income attributable to the Company $ 25,848,333 $ 1,607,444
Net income attributable to the Company per common share $ 1.38 $ 0.09
Weighted-average number of common shares outstanding 18,673,681 18,007,681