Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows (Unaudited)

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Consolidated Statements of Cash Flows (Unaudited) (USD $)
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements of Cash Flows [Abstract]    
Net cash provided by operating activities $ 8,058,534 $ 5,430,993
Cash flows from investing activities:    
Purchase of property and equipment (1,022,348) (28,172)
Proceeds from sale of joint venture, less holdback 48,675,000  
Other deposits (78,808) (50,061)
Deposits and other costs of Silver Slipper acquisition (2,508,500)  
Deposits and other costs of Grand Victoria acquisition   (19,909,899)
Other (387)  
Net cash provided by (used in) investing activities 45,064,957 (19,988,132)
Cash flows from financing activities:    
Repayment of long term debt and swap (26,937,422)  
Proceeds from borrowing   15,103,891
Distributions to non-controlling interest in consolidated joint venture (2,587,126) (2,436,950)
Other   (5,940)
Net cash provided by (used in) financing activities (29,524,548) 12,661,001
Net increase (decrease) in cash and equivalents 23,598,943 (1,896,138)
Cash and equivalents, beginning of period 14,707,464 13,294,496
Cash and equivalents, end of period 38,306,407 11,398,358
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 548,207 10,446
Cash paid for income taxes 342,976 759,000
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Deposit and other costs of Rising Star acquisition made through term loan   17,896,109
Loan fees   646,542
Capital expenditures financed with accounts payable 8,141  
Non-cash distributions for non-controlling interest in consolidated joint venture $ 999,925