Golden Entertainment (GDEN) 10-Q 10 May 16 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2016	May. 02, 2016
Entity Registrant Name	GOLDEN ENTERTAINMENT, INC.
Entity Central Index Key	1,071,255
Trading Symbol	gden
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		22,104,731
Document Type	10-Q
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 66,454	$ 69,177
Accounts receivable, net of allowance for doubtful accounts of $0.5 million and $0.4 million, respectively	4,983	3,033
Income taxes receivable	2,078	2,078
Prepaid expenses	5,547	6,803
Inventories	2,490	2,439
Other	1,053	1,074
Total current assets	82,605	84,604
Property and equipment, net	121,372	114,309
Other assets
Goodwill	98,222	96,288
Customer relationships, net	66,094	57,456
Other intangible assets, net	27,547	23,368
Other	4,779	2,759
Total other assets	196,642	179,871
Total assets	400,619	378,784
LIABILITIES AND SHAREHOLDERS' EQUITY
Current portion of long-term debt, net	11,610	8,552
Accounts payable	8,572	8,237
Accrued taxes, other than income taxes	845	831
Accrued payroll and related	4,731	3,494
Deposits	381	128
Other accrued expenses	4,349	3,476
Total current liabilities	30,488	24,718
Long-term debt, net	(147,170)	(137,546)
Deferred taxes	(4,530)	(4,471)
Other long-term obligations	(3,912)	(1,564)
Total liabilities	$ 186,100	$ 168,299
Commitments and contingencies (Note 11)
Shareholders' equity
Common stock, $.01 par value; authorized 100,000 shares; 22,071 and 21,868 common shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively	$ 355	$ 353
Additional paid-in capital	285,650	283,857
Accumulated deficit	(71,486)	(73,725)
Total shareholders' equity	214,519	210,485
Total liabilities and shareholders' equity	$ 400,619	$ 378,784

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) shares in Thousands, $ in Millions	Mar. 31, 2016	Dec. 31, 2015
Accounts receivable, allowance for doubtful accounts	$ 0.5	$ 0.4
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	100,000	100,000
Common stock, shares issued (in shares)	22,071	21,868
Common stock, shares outstanding (in shares)	22,071	21,868

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Revenues
Gaming	$ 78,472	$ 10,600
Food and beverage	13,341	1,348
Rooms	1,555	1,207
Other operating	2,212	375
Gross revenues	95,580	13,530
Less: Promotional allowances	(4,546)	(764)
Net revenues	91,034	12,766
Expenses
Casino Expenses	55,491	6,065
Food and beverage	8,127	1,065
Rooms	260	158
Other operating	779	226
Selling, general and administrative	16,234	5,302
Merger expenses	$ 41	833
Gain on sale of cost method investment		(750)
Impairments and other losses		$ 331
Preopening expenses	$ 573
Gain on disposal of property and equipment		$ (2)
Depreciation and amortization	$ 5,792	879
Total expenses	87,297	14,107
Income (loss) from operations	3,737	(1,341)
Non-operating income (expense)
Interest expense, net	(1,457)	$ (229)
Other, net	18
Total non-operating expense, net	(1,439)	$ (229)
Income (loss) before income tax provision	2,298	(1,570)
Income tax provision	(59)	(155)
Net income (loss)	$ 2,239	(1,725)
Other comprehensive loss		1
Comprehensive income (loss)	$ 2,239	$ (1,726)
Weighted-average common shares outstanding
Basic (in shares)	21,960	13,391
Dilutive impact of stock options (in shares)	296
Diluted (in shares)	22,256	13,391
Net income (loss) per share
Basic (in dollars per share)	$ 0.10	$ (0.13)
Diluted (in dollars per share)	$ 0.10	$ (0.13)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Cash flows from operating activities
Net Income (Loss) Attributable to Parent	$ 2,239	$ (1,725)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	5,792	879
Amortization of debt issuance costs and accretion of debt discount	$ 153	113
Accretion and amortization of discounts and premiums on short-term investments		105
Share-based compensation	$ 405	59
Gain on sale of cost method investment		(750)
Impairments and other losses		$ 331
Deferred income taxes	$ 59
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(1,437)	$ (85)
Prepaids	$ 642	(200)
Income taxes receivable		155
Other current assets	$ (31)	(161)
Accrued taxes, other than income taxes	13	168
Accounts payable and other accrued expenses	2,993	132
Other	(41)	(2)
Net cash provided by (used in) operating activities	$ 10,787	(981)
Cash flows from investing activities
Purchase of short-term investments		(24,141)
Proceeds from maturities of short-term investments		24,480
Purchase of property and equipment	$ (8,506)	$ (1,130)
Issuance of notes receivable	(107)
Acquisition of businesses, net of cash acquired	$ (15,930)
Proceeds from sale of cost method investment		$ 750
Other	$ (2,059)	(1)
Net cash used in investing activities	(26,602)	$ (42)
Cash flows from financing activities
Net repayments of Revolving Credit Facility	(25,000)
Repayment of Term Loan	(1,500)	$ (442)
Proceeds from Term Loan	40,000
Repayments of notes payable	(882)
Proceeds from issuance of common stock	890	$ 16
Payments for debt issuance costs	416
Net cash provided by (used in) financing activities	13,092	$ (426)
Net decrease for the period	(2,723)	(1,449)
Balance, beginning of period	69,177	35,416
Balance, end of period	66,454	33,967
Supplemental cash flow disclosures
Interest	1,305	$ 159
Non-cash investing and financing activities
Notes payable issued for property and equipment	345
Common stock issued in connection with acquisition	$ 500

Note 1 - Nature of Business and

Note 1 - Nature of Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	Note 1 – Nature of Business and Basis of Presentation Overview Golden Entertainment, Inc. (formerly Lakes Entertainment, Inc.) and its wholly owned subsidiaries (the “Company”) is a diversified group of gaming companies that focus on distributed gaming (including tavern gaming) and casino and resort operations. On July 31, 2015, the Company acquired Sartini Gaming, Inc. (“Sartini Gaming”) through the merger of a wholly owned subsidiary of the Company with and into Sartini Gaming, with Sartini Gaming surviving as a wholly owned subsidiary of the Company (the “Merger”). The results of operations of Sartini Gaming and its subsidiaries have been included in the Company’s results subsequent to that date. In connection with the Merger, the Company’s name was changed to Golden Entertainment, Inc. See Note 2, Merger and Acquisitions The Company conducts its business through two reportable operating segments: Distributed Gaming and Casinos. The Company’s Distributed Gaming segment involves the installation, maintenance and operation of gaming devices in certain strategic, high-traffic, non-casino locations (such as grocery stores, convenience stores, restaurants, bars, taverns, saloons and liquor stores) in Nevada and Montana, and the operation of traditional, branded taverns targeting local patrons, primarily in the greater Las Vegas, Nevada metropolitan area. The Company’s Casinos segment consists of the Rocky Gap Casino Resort in Flintstone, Maryland (“Rocky Gap”) and three casinos in Pahrump, Nevada: Pahrump Nugget Hotel Casino (“Pahrump Nugget”), Gold Town Casino and Lakeside Casino & RV Park. On January 29, 2016, the Company completed the acquisition of approximately 1,000 gaming devices from a distributed gaming operator in Montana, as well as certain other non-gaming assets and the right to operate within certain locations (the “Initial Montana Acquisition”); see Note 2, Merger and Acquisitions Subsequent Events On October 28, 2015, the Company’s Board of Directors approved a change in the Company’s fiscal year from a 52- or 53-week fiscal year ending on the Sunday closest to December 31 of each year to a calendar year ending on December 31, effective as of the beginning of the third quarter of 2015. As a result of this change, the Company’s fiscal quarters for 2015 ended on March 29, 2015, June 28, 2015, September 30, 2015 and December 31, 2015. Beginning January 1, 2016, the Company’s fiscal quarters end on March 31, June 30, September 30 and December 31. Basis of Presentation The unaudited consolidated financial statements of the Company have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim financial information. Accordingly, certain information normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) has been condensed and/or omitted. For further information, please refer to the audited consolidated financial statements of the Company for the year ended December 31, 2015 and the notes thereto included in the Company’s Annual Report on Form 10-K previously filed with the SEC. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company’s results for the periods presented. Results for interim periods should not be considered indicative of the results to be expected for the full year. The accompanying unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. In addition to recasting prior period segment information to reflect the new segment structure, certain other minor reclassifications have been made to the 2015 amounts to conform to the current presentation. New Accounting Standards While management co n tinues to assess the possible impact on the Company's co n so lid ated financ i al sta tements of the future adoption of new accounting standards that are not yet effective, management currently believes that the following new standards may have material effects: ● In Feb ru ary 20 1 6, the Financial Accounting Standards Boa rd (“FASB”) i ss ued Accounting Standards Update No. 20 1 6-02, Leases A SU 2016-02”) , i c h replaces the exist in g guidance. ASU 20 1 6-02 is effect iv e for fi sca l yea r s , and in ter im periods within those years , beginning the first quarter of 2019 . ASU 2 016 -02 requires a dual approach for le sse e accounting under w hi c h a le ssee wo uld acco unt for l eases as finance lea ses or operat i ng lea ses. Both fin a nce lea ses and operating l eases wi ll resu lt in the le ssee recogn i z ing a right-of-use asset and a corresponding l ease liability . ● In May 2014, the FASB issued a comprehensive new revenue recognition model (ASU No. 2014-09, Revenue Contracts with Customers Principal versus Agent Considerations Identifying Performance Obligations and Licensing No other recently issued accounting standards that are n ot yet effective have been identified that management believes are lik ely t o have a materia l impact on the Company's financial statements.

Note 2 - Merger and Acquisition

Note 2 - Merger and Acquisitions	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Business Combination Disclosure [Text Block]	Note 2 – Merger and Acquisitions Initial Montana Acquisition On January 29, 2016, the Company completed the Initial Montana Acquisition, which involved the acquisition of approximately 1,000 gaming devices, as well as certain other non-gaming assets and the right to operate within certain locations, from C. Lohman Games, Inc., Rocky Mountain Gaming, Inc. and Brandy’s Shoreliner Restaurant, Inc., for total consideration of $20.1 million, including the issuance of $0.5 million of the Company’s common stock (comprising 50,252 shares at fair value of $9.95 per share). In connection with the Initial Montana Acquisition, the Company is required to pay the sellers contingent consideration of up to a total of $2.0 million in cash paid in four quarterly payments beginning in September 2017, subject to certain potential adjustments. See Note 10, Financial Instruments and Fair Value Measurements The preliminary allocation of the $20.1 million purchase price to the assets acquired as of January 29, 2016 includes $1.7 million of cash, $2.4 million of property and equipment, $14.2 million of intangible assets and $1.9 million of goodwill. The preliminary amounts assigned to intangible assets includes customer relationships of $9.8 million with an economic life of 15 years, non-compete agreements of $3.9 million with an economic life of five years and trade names of $0.5 million with an economic life of four years. The goodwill recognized in the Initial Montana Acquisition is primarily attributable to potential expansion and future development of, and anticipated synergies from, the acquired businesses and is expected to be deductible for income tax purposes. The Company's estimation of the fair value of the assets acquired in the Initial Montana Acquisition as of the date of acquisition is determined based on certain valuations and analyses that have yet to be finalized, and accordingly, the assets acquired are subject to adjustment once such analyses are completed. The Company may record adjustments to the carrying value of assets acquired with a corresponding offset to goodwill during the measurement period, which can be up to one year from the date of the consummation of the acquisition. The Company reports the results of operations from the Initial Montana Acquisition beginning January 30, 2016 within its Distributed Gaming segment. For the three months ended March 31, 2016, transaction-related costs for the Initial Montana Acquisition totaled approximately $0.2 million and were included in preopening expenses. The Company may incur additional transaction-related costs related to the Initial Montana Acquisition in future periods. Merger with Sartini Gaming, Inc. On July 31, 2015, the Company acquired Sartini Gaming through the consummation of the Merger. At the effective time of the Merger, all issued and outstanding shares of capital stock of Sartini Gaming were canceled and converted into the right to receive shares of the Company’s common stock. At the closing of the Merger, the Company issued 7,772,736 shares of its common stock to The Blake L. Sartini and Delise F. Sartini Family Trust (the “Sartini Trust”), as sole shareholder of Sartini Gaming in accordance with the agreement and plan of merger (the “Merger Agreement”). In addition, at the closing of the Merger, the Company issued 457,172 shares of its common stock to holders of warrants issued by a subsidiary of Sartini Gaming that elected to receive shares of the Company’s common stock in exchange for their warrants. The total number of shares of the Company’s common stock issued in connection with the Merger was subject to adjustment pursuant to the post-closing adjustment provisions of the Merger Agreement. In connection with such post-closing adjustment, the Company issued an additional 223,657 shares of its common stock to the Sartini Trust. As a result, the value of the purchase consideration following such adjustment was $77.4 million. This amount is the product of the 8,453,565 shares of the Company’s common stock issued in the aggregate in connection with the Merger and the closing price of $9.15 per share of the Company's common stock on July 31, 2015. As of March 31, 2016, 777,274 shares were being held in escrow as security in the event of any claims for indemnifiable losses in accordance with the Merger Agreement. Under the Merger Agreement, the number of shares of the Company’s common stock issued in connection with the Merger reflected the pre-Merger value of Sartini Gaming relative to the pre-Merger value of the Company, which pre-Merger values were calculated in accordance with formulas set forth in the Merger Agreement. To determine the number of shares of the Company’s common stock issued in connection with the Merger, the sum of the number of shares of the Company’s common stock outstanding immediately prior to the Merger and the number of shares issuable upon the exercise of outstanding in-the-money stock options were divided by the percentage of the total pre-Merger value of both companies that represented the Company’s pre-Merger value to determine the total number of fully diluted shares immediately following the Merger. The number of shares of the Company’s common stock issued in connection with the Merger was the difference between the total number of fully diluted shares immediately following the Merger and the total number of fully diluted shares immediately prior to the Merger. No fractional shares of the Company’s common stock were issued in connection with the Merger, and any fractional share was rounded to the nearest whole share. The Merger Agreement specified the procedure for determining the pre-Merger values of Sartini Gaming and the Company. The final pre-Merger values of the Company and Sartini Gaming were determined and approved during the fourth quarter of 2015, pursuant to the post-closing adjustment provisions of the Merger Agreement. The total number of shares of the Company’s common stock issued in connection with the Merger was as follows: Pre-Merger Value of Lakes Lakes % Pre-Merger Value of Sartini Gaming Sartini Gaming % Total Post-Closing Shares (1) Total Shares Issued in Connection with Merger (2) $ 134,615,083 62.6% $ 80,523,753 37.4% 22,592,260 8,453,565 (1) Calculated as the sum of the number of shares of the Company’s common stock outstanding immediately after the Merger (on a fully diluted basis, including shares issuable upon the exercise of outstanding in-the-money stock options) and the shares of the Company’s common stock issued pursuant to the post-closing adjustment provisions of the Merger Agreement. (2) Includes 457,172 shares of the Company’s common stock that were issued to certain former holders of warrants issued by a subsidiary of Sartini Gaming upon the closing of the Merger. Merger Accounting The Merger has been accounted for under the purchase method of accounting in accordance with Accounting Standards Codification Topic 805, Business Combinations Measurement Period Adjustments The final pre-Merger values of the Company and Sartini Gaming were determined and approved during the fourth quarter of 2015, pursuant to the post-closing adjustment provisions of the Merger Agreement. As a result of this post-closing adjustment calculation, the number of shares issued in connection with the Merger was increased by an additional 223,657 shares, and the 388,637 shares of the Company's common stock held in escrow as security for the post-closing adjustment were released to the Sartini Trust. The effect of the issuance of these additional shares on the purchase price consideration calculation was an increase of $2.1 million to $77.4 million. This amount is the product of the 8,453,565 total shares of the Company’s common stock issued in connection with the Merger on July 31, 2015 and issued pursuant to the post-closing “true-up” adjustment and the $9.15 per share closing price of the Company's common stock on July 31, 2015. The Company accounted for the issuance of the additional 223,657 shares, and the adjustment of the purchase price consideration, during the fourth quarter of 2015 when the additional shares were issued. In addition to the issuance of the additional shares pursuant to the post-closing adjustment calculation mentioned above, during the measurement period so far, the Company has: ● recorded a deferred tax liability totaling $14.7 million due to the assumption of a net deferred tax liability generated from intangible assets acquired in the Merger, with a corresponding increase to goodwill by the same amount; ● recorded an adjustment to increase goodwill by $1.6 million, decreasing accounts receivable by the same amount, due to the determination that receivables acquired as part of the Merger were deemed to be uncollectible as of the Merger date; ● further analyzed the trade names acquired as part of the Merger, which were originally given 10 year useful lives, and concluded that the trade names are indefinite-lived. An adjustment to reverse previously recognized amortization for the trade names was recorded during the fourth quarter of 2015. The amount included the reversal of $0.2 million in amortization expense related to the third quarter of 2015; ● determined that the preliminary estimated useful lives of certain tangible acquired assets were not consistent with the useful lives used by other market participants. The useful lives determined during the measurement period were updated to reflect the Company’s determination and are reflected in the property and equipment by category table below; ● identified an acquired prepaid asset (recorded in other current assets previously) that was reclassified to a gaming license that represents the Company’s ability and right to operate in its current capacity in Montana. Management has valued the gaming license using estimates for explicit and implicit costs to obtain the gaming license and has determined the license has an indefinite life; and ● recorded an adjustment to increase goodwill by less than $0.1 million, increasing accrued taxes by the same amount, due to a tax liability resulting from a prior year assumed as part of the Merger. Allocation The preliminary allocation of the $77.4 million final purchase price to the assets acquired and liabilities assumed as of July 31, 2015 was as follows (in thousands): Amount Cash $ 25,539 Other current assets 14,830 Property and equipment 84,104 Intangible assets 80,760 Goodwill 96,342 Current liabilities (13,245 ) Warrant liability (3,435 ) Debt (190,587 ) Deferred tax liability (14,687 ) Other long-term liabilities (2,217 ) Total purchase price $ 77,404 The amounts assigned preliminarily to property and equipment by category are summarized in the table below (in thousands): Remaining Useful Life Amount (Years) Assigned Land Not applicable $ 12,470 Land improvements 5 - 14 4,030 Building and improvements 19 - 25 21,310 Leasehold improvements 1 - 28 20,793 Furniture, fixtures and equipment 1 - 11 22,866 Construction in process Not applicable 2,635 Total property and equipment $ 84,104 The amounts assigned preliminarily to intangible assets by category are summarized in the table below (in thousands): Remaining Useful Life Amount (Years) Assigned Trade names Indefinite $ 12,200 Player relationships 8 - 14 7,600 Customer relationships 13 - 16 59,200 Gaming licenses Indefinite 960 Other intangible assets 2 - 10 800 Total intangible assets $ 80,760 Trade names The trade names acquired encompass the various trade names utilized by the three casinos located in Pahrump, Nevada: Pahrump Nugget, Gold Town Casino and Lakeside Casino & RV Park. Additionally, the acquired branded taverns utilize various trade names to market and create brand identity for their services and for marketing purposes, including: PT’s Pub, PT’s Gold, Sierra Gold and Sean Patrick’s. The trade names for the Pahrump casinos and taverns have indefinite lives. Player relationships Player relationships acquired include relationships with players frequenting the Company’s branded taverns and Nevada casinos. These player relationships comprise Golden Rewards members for the taverns and Gold Mine Rewards members for the Nevada casinos, and such relationships are expected to lead to recurring revenue streams, as well as new revenue opportunities arising from the reputations of the taverns and Nevada casinos. Customer relationships Customer relationships relate to relationships with the Company’s third party distributed gaming customers that have been developed over many years and are expected to lead to recurring revenue streams, as well as new revenue opportunities arising from the Company’s reputation. The economic life of the customer relationships is preliminarily estimated to be 13 to 16 years, depending on the customer, and is based on the estimated present value of cash flows attributable to the asset. Gaming licenses The Nevada casinos maintain gaming licenses that allow them to operate in their current capacity. The Nevada gaming licenses have an indefinite life. Other intangible assets Other intangible assets acquired include internally developed software and non-compete agreements. The software is utilized for accounting and marketing purposes and is integrated into the Company’s gaming devices in its distributed gaming operations. The economic life of this software is estimated to be 10 years based on the expected future utilization of the software in its current form. In conjunction with the Merger Agreement, key employees executed non-competition agreements. The economic life of these non-compete agreements is estimated to be two years based on the contractual term of the agreements. Preliminary estimates of future amortization expense related to the finite-lived intangible assets acquired in the Merger are as follows: Remainder of 2016 2017 2018 2019 2020 2021 Thereafter (In thousands) Estimated amortization expense $ 3,791 $ 4,992 $ 4,904 $ 4,904 $ 4,904 $ 4,904 $ 35,831 See Note 10, Financial Instruments and Fair Value Measurements Credit Agreement In connection with the Merger, the Company entered into a Credit Agreement with Capital One, National Association (as administrative agent) and the lenders named therein (the “Credit Agreement”) to refinance the outstanding senior secured indebtedness of Sartini Gaming and the Company’s financing facility with Centennial Bank. See Note 5, Debt Selected Financial Information Related to the Acquiree The consolidated financial position of Sartini Gaming is included in the Company’s consolidated balance sheets as of March 31, 2016 and December 31, 2015 and Sartini Gaming’s consolidated results of operations for the three months ended March 31, 2016 are included in the Company’s consolidated statements of operations and cash flows for the three months ended March 31, 2016. For the three months ended March 31, 2016, the Company recorded $73.3 million in net revenues and $7.1 million in net income from the operations of Sartini Gaming’s distributed gaming and casino businesses. Total assets related to Sartini Gaming’s distributed gaming and casino businesses were approximately $224.1 million and $78.8 million, respectively, as of March 31, 2016, which consisted primarily of property and equipment and intangible assets, including goodwill, recorded on a preliminary basis as the measurement period for the business combination remained open as of March 31, 2016. Unaudited Pro Forma Combined Financial Information The following unaudited pro forma combined financial information is presented as if the Merger had occurred at the beginning of the period presented: Three Months Ended March 29, 2015 (In thousands, except per share data) Pro forma combined net revenues $ 84,770 Pro forma combined net loss (3,751 ) Pro forma combined net loss per share: Basic and diluted $ (0.17 ) Weighted average common shares outstanding: Basic and diluted 21,845 This unaudited pro forma combined financial information has been prepared for illustrative purposes only and is not necessarily indicative of or intended to represent the results that would have been achieved had the Merger been consummated as of the date indicated or that may be achieved in the future. The unaudited pro forma combined financial information does not reflect any operating efficiencies and associated cost savings that may be achieved as a result of the Merger. The following adjustments have been made to the pro forma combined net income (loss) and pro forma combined net income (loss) per share in the table above: ● includes additional depreciation expense of property, plant and equipment, and additional amortization expense of intangible assets acquired in the Merger based on their estimated fair values and estimated useful lives; ● reflects the impact of issuance of 8,453,565 shares on July 31, 2015 and under the post-closing adjustment in connection with the Merger based on the final pre-Merger values; ● reflects $1.0 million of transaction-related costs associated with the Merger for the three months ended March 29, 2015; and ● reflects the elimination of the warrants issued by a subsidiary of Sartini Gaming, which were purchased for $3.4 million in cash and for 457,172 shares of the Company’s common stock (equivalent to $4.2 million based on the Merger per share price).

Note 3 - Property and Equipment

Note 3 - Property and Equipment, Net	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 3 – Proper ty and Equipment, N et The following table summarizes the components of property and equipment, net: March 31, 2016 December 31, 2015 (In thousands) Land $ 12,470 $ 12,470 Building and site improvements 82,839 67,984 Furniture and equipment 38,231 45,840 Construction in process 5,998 1,833 Property and equipment 139,538 128,127 Less: Accumulated depreciation (18,166 ) (13,818 ) Property and equipment, net $ 121,372 $ 114,309 As of March 31, 2016 and December 31, 2015, the furniture and equipment balance contained approximately $4.9 million and $4.8 million, respectively, of gaming device equipment that the Company had not yet placed into service and therefore had not begun depreciating.

Note 4 - Goodwill and Intangibl

Note 4 - Goodwill and Intangible Assets, Net	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 4 – Goodwill and Intangible Assets, Net Goodwill and intangible assets, net, consist of the following: March 31, 2016 December 31, 2015 (In thousands) Goodwill $ 98,222 $ 96,288 Indefinite-lived intangible assets: Gaming licenses $ 960 $ 960 Trade names 12,200 12,200 Other 110 50 $ 13,270 $ 13,210 Finite-lived intangible assets: Customer relationships $ 69,000 $ 59,200 Less: Accumulated amortization (2,906 ) (1,744 ) 66,094 57,456 Player relationships 7,600 7,600 Less: Accumulated amortization (447 ) (279 ) 7,153 7,321 Gaming license 2,100 2,100 Less: Accumulated amortization (390 ) (367 ) 1,710 1,733 Non-compete agreements 4,200 300 Less: Accumulated amortization (116 ) (63 ) 4,084 237 Other intangible assets 1,448 948 Less: Accumulated amortization (118 ) (81 ) 1,330 867 Total finite-lived intangible assets, net 80,371 67,614 Total intangible assets, net $ 93,641 $ 80,824 See Note 2, Merger and Acquisitions Total amortization expense related to intangible assets was $1.4 million and less than $0.1 million for the three months ended March 31, 2016 and March 29, 2015, respectively. Estimated future amortization expense related to intangible assets, which includes acquired intangible assets recorded on a preliminary basis, is as follows: Remainder of 2016 2017 2018 2019 2020 2021 Thereafter (In thousands) Estimated amortization expense $ 5,198 $ 6,708 $ 6,621 $ 6,621 $ 6,507 $ 5,781 $ 42,935

Note 5 - Debt

Note 5 - Debt	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 5 – Debt Credit Agreement On July 31, 2015, the Company entered into a Credit Agreement with the lenders named therein and Capital One, National Association (as administrative agent). The Credit Agreement was amended on March 25, 2016 to, among other matters, increase the size of the senior secured revolving credit facility under the Credit Agreement (the “Revolving Credit Facility”) from $40.0 million to $50.0 million and to provide for the borrowing of an additional $40.0 million in aggregate principal amount of incremental senior secured term loans under the Credit Agreement (the “Incremental Term Loans”). As of March 31, 2016, the facilities under the Credit Agreement consisted of $160.0 million in senior secured term loans (the “Term Loans,” which include the Incremental Term Loans) and a $50.0 million Revolving Credit Facility (together with the Term Loans, the “Facilities”). The Company used the proceeds from the Incremental Term Loan borrowings to repay all of the Company’s then-outstanding borrowings under the Revolving Credit Facility. As of March 31, 2016, the Company had $157.0 million in principal amount of outstanding Term Loan borrowings and no outstanding borrowings under the Revolving Credit Facility. In April 2016, the Company borrowed $25.0 million under the Revolving Credit Facility in connection with the closing of the Second Montana Acquisition; see Note 14, Subsequent Events Borrowings under the Credit Agreement bear interest, at the Company’s option, at either (1) the highest of the federal funds rate plus 0.50%, the Eurodollar rate for a one-month interest period plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) the Eurodollar rate for the applicable interest period, plus, in each case, an applicable margin based on the Company’s leverage ratio. As of March 31, 2016, the weighted average effective interest rate on the Company’s outstanding borrowings under the Credit Agreement was approximately 3.18%. Outstanding borrowings under the Term Loans must be repaid in two quarterly payments of $1.5 million each (which commenced on December 31, 2015), followed by two quarterly payments of $2.0 million each (commencing June 30, 2016), followed by eight quarterly payments of $3.0 million each (commencing December 31, 2016), followed by four quarterly payments of $4.0 million each (commencing December 31, 2018), followed by three quarterly payments of $6.0 million each (commencing December 31, 2019), followed by a final installment of $95.0 million at maturity on July 31, 2020. The commitment fee for the Revolving Credit Facility is payable quarterly at a rate of between 0.25% and 0.30%, depending on the Company’s leverage ratio. The Credit Agreement is guaranteed by all of the Company’s present and future direct and indirect wholly owned subsidiaries (other than certain insignificant or unrestricted subsidiaries), and is secured by substantially all of the Company’s and the subsidiary guarantors’ present and future personal and real property (subject to receipt of certain approvals). Under the Credit Agreement, the Company and its subsidiaries are subject to certain limitations, including limitations on their ability to: incur additional debt, grant liens, sell assets, make certain investments, pay dividends and make certain other restricted payments. In addition, the Company will be required to pay down the Facilities under certain circumstances if the Company or any of its subsidiaries sells assets or property, issues debt or receives certain extraordinary receipts. The Credit Agreement contains financial covenants regarding a maximum leverage ratio and a minimum fixed charge coverage ratio. The Credit Agreement also prohibits the occurrence of a change of control, which includes the acquisition of beneficial ownership of 30% or more of the Company’s equity securities (other than by certain permitted holders, which include, among others, Blake L. Sartini, Lyle A. Berman and certain affiliated entities) and a change in a majority of the members of the Company’s Board of Directors that is not approved by the Board. If the Company defaults under the Credit Agreement due to a covenant breach or otherwise, the lenders may be entitled to, among other things, require the immediate repayment of all outstanding amounts and sell the Company’s assets to satisfy the obligations thereunder. The Company was in compliance with its financial covenants under the Credit Agreement as of March 31, 2016. Summary of Outstanding Debt Long-term debt, net is comprised of the following: March 31, December 31, (In thousands) Term Loans $ 157,000 $ 118,500 Revolving Credit Facility – 25,000 Notes payable 4,580 5,135 Total long-term debt 161,580 148,635 Less: Unamortized debt issuance costs (2,800 ) (2,537 ) 158,780 146,098 Less: Current portion, net of unamortized debt issuance costs (11,610 ) (8,552 ) Long-term debt, net $ 147,170 $ 137,546

Note 6 - Promotional Allowances

Note 6 - Promotional Allowances	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Promotional Allowances [Text Block]	Note 6 – Promotional Allowances The retail value of food and beverages, rooms and other services furnished to customers without charge, including coupons for discounts when redeemed, is included in gross revenues and then deducted as promotional allowances. The estimated retail value of the promotional allowances is as follows: Three Months Ended March 31, 2016 March 29, 2015 (In thousands) Food and beverage $ 4,018 $ 159 Rooms 455 552 Other 73 53 Total promotional allowances $ 4,546 $ 764 The estimated cost of providing these promotional allowances, which is primarily included in gaming expenses, is as follows: Three Months Ended March 31, 2016 March 29, 2015 (In thousands) Food and beverage $ 3,014 $ 78 Rooms 191 169 Other 81 34 Total estimated cost of promotional allowances $ 3,286 $ 281

Note 7 - Share-based Compensati

Note 7 - Share-based Compensation	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 7 – Share-Based Compensation On August 27, 2015, the Board of Directors of the Company approved the Golden Entertainment, Inc. 2015 Incentive Award Plan (the “2015 Plan”), subject to shareholder approval at the Company’s 2016 annual meeting of shareholders. The 2015 Plan authorizes the issuance of stock options, restricted stock, restricted stock units, dividend equivalents, stock payment awards, stock appreciation rights, performance bonus awards and other incentive awards. The 2015 Plan authorizes the grant of awards to employees, non-employee directors and consultants of the Company and its subsidiaries. Options generally have a ten-year term. Except as provided in any employment agreement between the Company and the employee, if an employee is terminated (voluntarily or involuntarily), any unvested options as of the date of termination will be forfeited. If the 2015 Plan is not approved by the Company’s shareholders at the 2016 annual meeting of shareholders, any awards under the 2015 Plan will be automatically cancelled and become null and void. The maximum number of shares of the Company’s common stock for which grants may be made under the 2015 Plan is 2.25 million shares, plus an annual increase on each January 1 during the ten-year term of the 2015 Plan equal to the lesser of 1.8 million shares, 4% of the total shares of the Company’s common stock outstanding (on an as-converted basis) and such smaller amount as may be determined by the Board in its sole discretion. In addition, the maximum aggregate number of shares of common stock that may be subject to awards granted to any one participant during a calendar year is 2.0 million shares. The annual increase on January 1, 2016 was 874,709 shares. The 2015 Plan provides that no stock option or stock appreciation right (even if vested) may be exercised prior to the earlier of August 1, 2018 or immediately prior to the consummation of a change in control of the Company that would result in an “ownership change” as defined in Section 382 of the Internal Revenue Code of 1986, as amended. There were 1,855,000 stock options outstanding under the 2015 Plan as of March 31, 2016, none of which have vested. As of March 31, 2016, a total of 1,269,709 shares of the Company’s common stock remained available for grants of awards under the 2015 Plan. In June 2007, the Company’s shareholders approved the 2007 Lakes Stock Option and Compensation Plan (the “2007 Plan”), which is authorized to grant a total of 1.25 million shares of the Company’s common stock. Vested options are exercisable for ten years from the date of grant; however, if the employee is terminated (voluntarily or involuntarily), any unvested options as of the date of termination will be forfeited. There were 552,403 stock options outstanding under the 2007 Plan as of March 31, 2016, all of which are fully vested. As of March 31, 2016, a total of 282,635 shares of the Company’s common stock remained available for grants of awards under the 2007 Plan. The Company also has a 1998 Stock Option and Compensation Plan (the “1998 Plan”). There were 12,500 stock options outstanding under this plan as of March 31, 2016, all of which are fully vested. No additional options will be granted under the 1998 Plan. Share-based compensation expense related to stock options was $0.4 million and less than $0.1 million for the three months ended March 31, 2016 and March 29, 2015 respectively. The Company uses the Black-Scholes option pricing model to estimate the fair value and compensation cost associated with employee incentive stock options, which requires the consideration of historical employee exercise behavior data and the use of a number of assumptions including volatility of the Company’s stock price, the weighted-average risk-free interest rate and the weighted-average expected life of the options. There were 160,000 stock options granted under the 2015 Plan during the three months ended March 31, 2016, with a weighted-average grant date fair value of $3.94 per share. No options were granted during the three months ended March 29, 2015. The following table summarizes the Company’s stock option activity during the three months ended March 31, 2016 and March 29, 2015: Number of Common Shares Weighted- Options Available Average Outstanding Exercisable for Grant Exercise Price 2016 Balance at December 31, 2015 2,419,529 724,529 837,635 $ 8.16 Authorized — 874,709 — Granted 160,000 (160,000 ) 10.53 Exercised (159,626 ) — 10.24 Balance at March 31, 2016 2,419,903 564,903 1,552,344 $ 8.49 2015 Balance at December 28, 2014 755,617 616,792 276,635 $ 6.09 Exercised (2,500 ) — 6.14 Balance at March 29, 2015 753,117 677,870 276,635 $ 6.09 As of March 31, 2016, the outstanding stock options had a weighted-average remaining contractual life of 7.8 years, weighted-average exercise price of $8.49 per share and an aggregate intrinsic value of $5.7 million. As of March 31, 2016, the outstanding exercisable stock options had a weighted-average remaining contractual life of 2.3 years, weighted-average exercise price of $6.17 per share and an aggregate intrinsic value of $2.7 million. There were 159,626 options exercised during the three months ended March 31, 2016. The total intrinsic value of options exercised during the three months ended March 31, 2016 was $0.7 million. There were 2,500 options exercised during the three months ended March 29, 2015. The total intrinsic value of stock options exercised during the three months ended March 29, 2015 was less than $0.1 million. The Company’s unrecognized share-based compensation expense related to stock options was approximately $6.0 million as of March 31, 2016, which is expected to be recognized over a weighted-average period of 3.4 years. The Company issues new shares of common stock upon the exercise of stock options.

Note 8 - Net Income (Loss) per

Note 8 - Net Income (Loss) per Share of Common Stock	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 8 – Net Income (Loss) per Share of Common Stock For all periods, basic net income (loss) per share is calculated by dividing net income (loss) by the weighted-average common shares outstanding. Diluted net income per share in profitable periods reflects the effect of all potentially dilutive common shares outstanding by dividing net income by the weighted-average of all common and potentially dilutive shares outstanding. Weighted-average shares related to potentially dilutive stock options of 19,093 and 753,117 for the three months ended March 31, 2016 and March 29, 2015, respectively, were not used to compute diluted net income (loss) per share because the effects would have been anti-dilutive.

Note 9 - Income Taxes

Note 9 - Income Taxes	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 9 – Income Taxes The Company’s effective tax rate was 2.5% and (9.9)% for the three months ended March 31, 2016 and March 29, 2015, respectively. For the three months ended March 31, 2016, the effective tax rate differed from the federal tax rate of 35% due primarily to changes in the valuation allowance for deferred tax assets. For the three months ended March 29, 2015, the effective tax rate differed from the federal tax rate of 35% due primarily to the alternative minimum tax and, to a lesser extent, permanent differences. Income tax expense was less than $0.1 million for the three months ended March 31, 2016, which was attributed primarily to tax amortization of indefinite-lived intangibles. Income tax expense was $0.2 million for the three months ended March 29, 2015, which was related to alternative minimum tax. In connection with the Merger, on July 31, 2015, the Company entered into a NOL Preservation Agreement with the Sartini Trust, Lyle A. Berman (a director and shareholder of the Company), as well as certain other shareholders of the Company affiliated with Mr. Berman or another director of the Company. The NOL Preservation Agreement is intended to help minimize the risk of an “ownership change,” within the meaning of Section 382 of the Internal Revenue Code of 1986, as amended, that would limit the Company’s ability to utilize its federal net operating loss carryforwards to offset future taxable income. Deferred tax assets are evaluated by considering historical levels of income, estimates of future taxable income and the impact of tax planning strategies. Management has evaluated all available evidence and has determined that negative evidence continues to outweigh positive evidence for the realization of deferred tax assets and as a result continues to provide a full valuation allowance against its deferred tax assets as of March 31, 2016. The Company's income taxes receivable of $2.1 million as of March 31, 2016 and December 31, 2015 primarily relates to 2012 taxable losses carried back to a prior year.

Note 10 - Financial Instruments

Note 10 - Financial Instruments and Fair Value Measurements	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 10 – Financial Instruments and Fair Value Measurements Overview Estimates of fair value for financial assets and liabilities are based on the framework established in the accounting guidance for fair value measurements. The framework defines fair value, provides guidance for measuring fair value and requires certain disclosures. The framework discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow) and the cost approach (cost to replace the service capacity of an asset or replacement cost). The framework utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: ● Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. ● Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. ● Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions. The Company’s financial instruments consist of cash and cash equivalents, accounts payable and debt. For the Company’s cash and cash equivalents, accounts payable and current portion of long-term debt, the carrying amounts approximate fair value because of the short duration of these financial instruments. As of March 31, 2016 and December 31, 2015, the fair value of the Company’s long-term debt approximates the carrying value based upon the Company’s expected borrowing rate for debt with similar remaining maturities and comparable risk. In connection with the Initial Montana Acquisition, the Company preliminarily recognized the acquired assets at fair value. All amounts are recognized as Level 3 measurements due to the subjective nature of the unobservable inputs used to determine the fair values. Additionally, the Company is required to pay the sellers contingent consideration of up to a total of $2.0 million in cash paid in four quarterly payments beginning in September 2017, subject to certain potential adjustments based upon the availability of certain gaming machines and, if applicable, the performance of replacement games. The fair value of the Company’s contingent consideration recorded in connection with the Initial Montana Acquisition was estimated to be approximately $2.0 million as of March 31, 2016. Changes to the estimated fair value of the contingent consideration will be recognized in earnings of the Company. See Note 2, Merger and Acquisitions Balances Measured at Fair Value on a Non-recurring Basis Land, land improvements and building and improvements acquired in connection with the Merger were measured using unobservable (Level 3) inputs at an estimated fair value of $37.8 million. This fair value estimate was calculated considering each of the three generally accepted valuation methodologies including the cost, the sales comparison and the income capitalization approaches. Significant inputs included consideration of highest and best use, replacement cost, recent transactions of comparable properties and the properties’ ability to generate future benefits (see Note 2, Merger and Acquisitions Leasehold improvements, furniture, fixtures and equipment, and construction in process acquired in connection with the Merger were measured using unobservable (Level 3) inputs at an estimated fair value of $46.3 million. This fair value estimate was calculated with primary reliance on the cost approach with secondary consideration being placed on the market approach. Significant inputs included consideration of highest and best use, replacement cost and market comparables (see Note 2, Merger and Acquisitions The identified intangible assets acquired in connection with the Merger have been valued on a preliminary basis using unobservable (Level 3) inputs at a fair value of $80.8 million (see Note 2, Merger and Acquisitions). The Company owns various parcels of developed and undeveloped land relating to its casinos in Pahrump, Nevada, as well as parcels of undeveloped land in California held for sale that related to the Company’s previous involvement in a potential Indian casino project with the Jamul Tribe. The Company performs an impairment analysis on the land it owns at least quarterly and determined that no impairment had occurred as of March 31, 2016 and December 31, 2015.

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 11 – Commitments and Contingencies Rocky Gap Lease The Company has an operating ground lease with the Maryland Department of Natural Resources for approximately 270 acres in the Rocky Gap State Park in which Rocky Gap is situated. The lease expires in 2052, with an option to renew for an additional 20 years. Under the lease, rent payments are due and payable annually in the amount of $275,000 plus 0.9% of any gross operator share of gaming revenue (as defined in the lease) in excess of $275,000, and $150,000 plus any surcharge revenue in excess of $150,000. Surcharge revenue consists of amounts billed to and collected from guests and are $3.00 per room per night and $1.00 per round of golf. Rent expense associated with the lease was $0.1 million (net of surcharge revenue) for each of the three months ended March 31, 2016 and March 29, 2015. Gold Town Casino Leases The Company’s Gold Town Casino is located on four leased parcels of land, comprising approximately nine acres in the aggregate, in Pahrump, Nevada. The leases are with unrelated third parties and have various expiration dates beginning in 2026 (for the parcel on which the Company’s main casino building is located, which we lease from a competitor), and the Company subleases approximately two of the acres to an unrelated third party. Rental income during the three months ended March 31, 2016 was less than $0.1 million related to the sublease of the two acres in Pahrump, Nevada. Other Operating Leases The Company leases its branded tavern locations, office headquarters building, equipment and vehicles under noncancelable operating leases that are not subject to contingent rents. The original terms of the current branded tavern location leases range from one to 14 years with various renewal options from one to 15 years. The Company has operating leases with related parties for certain of its tavern locations and its office headquarters building. The lease for the Company’s office headquarters building expires in July 2025. A portion of the office headquarters building is sublet to a related party. Rental income during the three months ended March 31, 2016 was less than $0.1 million for the sublet portion of the office headquarters building. See Note 13, Related Party Transactions Operating lease rental expense, which is calculated on a straight-line basis, net of surcharge revenue, associated with all operating leases was as follows: Three Months Ended March 31, 2016 March 29, 2015 (In thousands) Rent expense Space lease agreements $ 10,137 $ — Related party leases 702 — Other operating leases 2,727 112 $ 13,566 $ 112 As of March 31, 2016, future minimum lease payments, excluding contingent rents, were as follows: Remainder of 2016 2017 2018 2019 2020 2021 Thereafter (In thousands) Minimum lease payments Space lease agreements $ 25,705 $ 25,392 $ 18,860 $ 18,240 $ 3,372 $ 121 $ 36 Related party leases 2,113 2,604 2,053 2,070 2,105 2,140 8,573 Other operating leases 7,716 8,599 7,428 6,650 6,451 5,778 48,500 $ 35,534 $ 36,595 $ 28,341 $ 26,960 $ 11,928 $ 8,039 $ 57,109 Participation and Revenue Share Agreements The Company also enters into gaming device placement contracts in the form of participation and revenue share agreements. Under revenue share agreements, the Company pays the business location a percentage of the gaming revenue generated from the Company’s gaming devices placed at the location, rather than a fixed monthly rental fee. Under participation agreements, the business location holds the applicable gaming license and retains a percentage of the gaming revenue that it generates from the Company’s gaming devices. During the three months ended March 31, 2016, the total contingent payments recognized by the Company (recorded in gaming expenses) under revenue share and participation agreements was $28.2 million, including $0.5 million under revenue share and participation agreements with related parties, as described in Note 13, Related Party Transactions Argovitz Demand for Arbitration On March 13, 2015, Jerry Argovitz filed a Demand for Arbitration with the American Arbitration Association, alleging that the Company and/or its subsidiary Lakes Jamul, Inc. breached the terms of an agreement under which Mr. Argovitz retained certain rights to share in potential revenue from a gaming facility development project the Company (through its subsidiaries) pursued with the Jamul Tribe. Mr. Argovitz alleged that the Company breached such agreement by failing to protect his alleged contractual rights when the Company restructured its contractual relationship with the Jamul Tribe over the course of its involvement in the project and/or by ultimately exercising its contractual right in March 2012 to terminate its involvement in the Jamul casino project, which had not resulted in the successful opening of a gaming facility. Mr. Argovitz was seeking a declaration that, if the Jamul casino opened, then the Company had an obligation to pay him $1.0 million per year for up to seven years of operation of the Jamul casino. The Company denied Mr. Argovitz’s allegations and vigorously defended the case. On September 2, 2015, the three-member arbitration panel denied the parties’ cross-motions for summary judgment. On January 5, 2016, the arbitration panel held an evidentiary hearing on the merits. Following the hearing, the parties submitted post-trial briefs. On March 21, 2016, the panel concluded that Mr. Argovitz’s claims in this arbitration should be dismissed with prejudice. Miscellaneous Legal Matters From time to time, the Company is involved in a variety of lawsuits, claims, investigations and other legal proceedings arising in the ordinary course of business, including proceedings concerning labor and employment matters, personal injury claims, breach of contract claims, commercial disputes, business practices, intellectual property, tax and other matters. Although lawsuits, claims, investigations and other legal proceedings are inherently uncertain and their results cannot be predicted with certainty, the Company believes that the resolution of its other currently pending matters will not have a material adverse effect on its business, financial condition, results of operations or liquidity. Regardless of the outcome, legal proceedings can have an adverse impact on the Company because of defense costs, diversion of management resources and other factors.

Note 12 - Segment Information

Note 12 - Segment Information	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 12 – Segment Information During the third quarter of 2015, the Company redefined its reportable segments to reflect the change in its business following the Merger. As a result of the Merger, the Company now conducts its business through two reportable operating segments: Distributed Gaming and Casinos. Prior to the Merger, the Company conducted its business through the following two segments: Rocky Gap and Other. Prior period information has been recast to reflect the new segment structure and present comparative year-over-year results. The Company’s Distributed Gaming segment involves the installation, maintenance and operation of gaming devices in certain strategic, high-traffic, non-casino locations (such as grocery stores, convenience stores, restaurants, bars, taverns, saloons and liquor stores) in Nevada and Montana, and the operation of traditional, branded taverns targeting local patrons, primarily in the greater Las Vegas, Nevada metropolitan area. The Company’s Casinos segment includes results of operations and assets related to Rocky Gap in Flintstone, Maryland and its three casino properties in Pahrump, Nevada. The Corporate and Other segment includes the Company’s cash and cash equivalents, short-term investments, cost method investments and corporate overhead. Costs recorded in the Corporate and Other segment have not been allocated to the Company’s reportable operating segments because these costs are not easily allocable and to do so would not be practical. Amounts in the Eliminations column represent the intercompany management fee for Rocky Gap. Distributed Gaming Casinos Corporate and Other Eliminations Consolidated (In thousands) Three months ended March 31, 2016 Net revenues $ 68,584 $ 22,413 $ 37 $ — $ 91,034 Depreciation and amortization expense (3,698 ) (1,770 ) (324 ) — (5,792 ) Income (loss) from operations 5,962 2,995 (5,220 ) — 3,737 Interest expense, net (35 ) — (1,422 ) — (1,457 ) Three months ended March 29, 2015 Net revenues $ — $ 12,722 $ 390 $ (346 ) $ 12,766 Management fee revenue (expense) — (346 ) 346 — — Gain on sale of cost method investment — — 750 — 750 Impairments and other losses — — (331 ) — (331 ) Depreciation and amortization expense — (851 ) (28 ) — (879 ) Income (loss) from operations — 298 (1,639 ) — (1,341 ) Interest expense, net — (274 ) 45 — (229 ) As of March 31, 2016 Total assets $ 246,812 $ 115,357 $ 38,450 $ — $ 400,619 As of December 31, 2015 Total assets $ 221,596 $ 112,962 $ 44,226 $ — $ 378,784

Note 13 - Related Party Transac

Note 13 - Related Party Transactions	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	Note 13 – Related Party Transactions As of March 31, 2016, the Company leased its office headquarters building and one tavern location from a company 33% beneficially owned by Blake L. Sartini and 3% beneficially owned by Stephen A. Arcana, and leased four tavern locations from companies owned or controlled by Mr. Sartini or by a trust for the benefit of Mr. Sartini’s immediate family members for which Mr. Sartini serves as trustee. In addition, two tavern locations that the Company leased from related parties were divested by those related parties during the first quarter of 2016. The lease for the Company’s office headquarters building expires on July 31, 2025, and the leases for the tavern locations have remaining terms ranging from one to 15 years. Rent expense during the three months ended March 31, 2016 was $0.3 million for the office headquarters building and $0.4 million in the aggregate for such tavern locations. Additionally, a portion of the office headquarters building is sublet to a company owned or controlled by Mr. Sartini. Rental income during the three months ended March 31, 2016 for the sublet portion of the office headquarters building was less than $0.1 million. No amounts were owed to the Company or due and payable by the Company as of March 31, 2016 under the leases of such tavern locations or the lease of the office headquarters building. Less than $0.1 million was owed to the Company under the sublease of the office headquarters building. Mr. Sartini serves as the Chairman of the Board, President and Chief Executive Officer of the Company and is co-trustee of the Sartini Trust, which is a significant shareholder of the Company. Mr. Arcana serves as the Executive Vice President and Chief Operating Officer of the Company. All of the related party lease agreements were in place prior to the consummation of the Merger. Mr. Sartini’s son, Blake L. Sartini, II (“Mr. Sartini II”), joined the Company as Senior Vice President of Distributed Gaming in connection with the Merger. Mr. Sartini II has an employment agreement that was approved by both the Audit Committee and Compensation Committee of the Board of Directors and provides for an annual base salary of $275,000, of which approximately $65,000 was earned during the three months ended March 31, 2016. Additionally, Mr. Sartini II is eligible for a target annual bonus equal to 35% of his base salary, and has received a discretionary bonus of $30,000 during the three months ended March 31, 2016 attributable to his performance in 2015. Mr. Sartini II also participates in the Company's equity award and benefit programs. Three of the distributed gaming locations at which the Company’s gaming devices are located are owned in part by the spouse of Matthew W. Flandermeyer, who serves as Executive Vice President and Chief Financial Officer of the Company. Net revenues and gaming expenses recorded by the Company from the use of the Company’s gaming devices at these three locations were $0.45 million and $0.39 million, respectively, during the three months ended March 31, 2016. The gaming expenses recorded by the Company represent amounts retained by the counterparty (with respect to the two locations that are subject to participation agreements) or paid to the counterparty (with respect to the location that is subject to a revenue share agreement) from the operation of the gaming devices. Less than $0.1 million was owed to the Company and no amounts were due and payable by the Company related to these arrangements as of March 31, 2016. All of the agreements were in place prior to the consummation of the Merger. Additionally, a fourth distributed gaming location at which the Company’s gaming devices are located was owned in part by Terrence L. Wright, who serves on the Board of Directors of the Company, who divested his interest in such distributed gaming location in March 2016. Net revenues and gaming expenses recorded by the Company from the use of the Company’s gaming devices at this location were $0.1 million during the three months ended March 31, 2016. This agreement was in place prior to the consummation of the Merger.

Note 14 - Subsequent Events

Note 14 - Subsequent Events	3 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Subsequent Events [Text Block]	Note 14 – Subsequent Events On April 22, 2016, the Company completed the acquisition of nearly 1,800 gaming devices, as well as over 500 amusement devices and approximately 50 ATMs, along with other non-gaming assets and the right to operate within certain locations, from Amusement Services, LLC, for total consideration of approximately $25.0 million. The Company funded the purchase price at closing using $25.0 million in borrowings under the Revolving Credit Facility. See Note 5, Debt

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The unaudited consolidated financial statements of the Company have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) applicable to interim financial information. Accordingly, certain information normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) has been condensed and/or omitted. For further information, please refer to the audited consolidated financial statements of the Company for the year ended December 31, 2015 and the notes thereto included in the Company’s Annual Report on Form 10-K previously filed with the SEC. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments, which include only normal recurring adjustments, necessary to present fairly the Company’s results for the periods presented. Results for interim periods should not be considered indicative of the results to be expected for the full year. The accompanying unaudited consolidated financial statements include the accounts of the Company and its subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. In addition to recasting prior period segment information to reflect the new segment structure, certain other minor reclassifications have been made to the 2015 amounts to conform to the current presentation.
New Accounting Pronouncements, Policy [Policy Text Block]	New Accounting Standards While management co n tinues to assess the possible impact on the Company's co n so lid ated financ i al sta tements of the future adoption of new accounting standards that are not yet effective, management currently believes that the following new standards may have material effects: ? In Feb ru ary 20 1 6, the Financial Accounting Standards Boa rd (“FASB”) i ss ued Accounting Standards Update No. 20 1 6-02, Leases A SU 2016-02”) , i c h replaces the exist in g guidance. ASU 20 1 6-02 is effect iv e for fi sca l yea r s , and in ter im periods within those years , beginning the first quarter of 2019 . ASU 2 016 -02 requires a dual approach for le sse e accounting under w hi c h a le ssee wo uld acco unt for l eases as finance lea ses or operat i ng lea ses. Both fin a nce lea ses and operating l eases wi ll resu lt in the le ssee recogn i z ing a right-of-use asset and a corresponding l ease liability . ? In May 2014, the FASB issued a comprehensive new revenue recognition model (ASU No. 2014-09, Revenue Contracts with Customers Principal versus Agent Considerations Identifying Performance Obligations and Licensing No other recently issued accounting standards that are n ot yet effective have been identified that management believes are lik ely t o have a materia l impact on the Company's financial statements.

Note 2 - Merger and Acquisiti21

Note 2 - Merger and Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	Pre-Merger Value of Lakes Lakes % Pre-Merger Value of Sartini Gaming Sartini Gaming % Total Post-Closing Shares (1) Total Shares Issued in Connection with Merger (2) $ 134,615,083 62.6% $ 80,523,753 37.4% 22,592,260 8,453,565
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	Amount Cash $ 25,539 Other current assets 14,830 Property and equipment 84,104 Intangible assets 80,760 Goodwill 96,342 Current liabilities (13,245 ) Warrant liability (3,435 ) Debt (190,587 ) Deferred tax liability (14,687 ) Other long-term liabilities (2,217 ) Total purchase price $ 77,404
Property, Plant and Equipment Acquired [Table Text Block]	Remaining Useful Life Amount (Years) Assigned Land Not applicable $ 12,470 Land improvements 5 - 14 4,030 Building and improvements 19 - 25 21,310 Leasehold improvements 1 - 28 20,793 Furniture, fixtures and equipment 1 - 11 22,866 Construction in process Not applicable 2,635 Total property and equipment $ 84,104
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Remaining Useful Life Amount (Years) Assigned Trade names Indefinite $ 12,200 Player relationships 8 - 14 7,600 Customer relationships 13 - 16 59,200 Gaming licenses Indefinite 960 Other intangible assets 2 - 10 800 Total intangible assets $ 80,760
Finite-lived Intangible Assets Amortization Expense [Table Text Block]	Remainder of 2016 2017 2018 2019 2020 2021 Thereafter (In thousands) Estimated amortization expense $ 3,791 $ 4,992 $ 4,904 $ 4,904 $ 4,904 $ 4,904 $ 35,831
Business Acquisition, Pro Forma Information [Table Text Block]	Three Months Ended March 29, 2015 (In thousands, except per share data) Pro forma combined net revenues $ 84,770 Pro forma combined net loss (3,751 ) Pro forma combined net loss per share: Basic and diluted $ (0.17 ) Weighted average common shares outstanding: Basic and diluted 21,845

Note 3 - Property and Equipme22

Note 3 - Property and Equipment, Net (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	March 31, 2016 December 31, 2015 (In thousands) Land $ 12,470 $ 12,470 Building and site improvements 82,839 67,984 Furniture and equipment 38,231 45,840 Construction in process 5,998 1,833 Property and equipment 139,538 128,127 Less: Accumulated depreciation (18,166 ) (13,818 ) Property and equipment, net $ 121,372 $ 114,309

Note 4 - Goodwill and Intangi23

Note 4 - Goodwill and Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	March 31, 2016 December 31, 2015 (In thousands) Goodwill $ 98,222 $ 96,288 Indefinite-lived intangible assets: Gaming licenses $ 960 $ 960 Trade names 12,200 12,200 Other 110 50 $ 13,270 $ 13,210 Finite-lived intangible assets: Customer relationships $ 69,000 $ 59,200 Less: Accumulated amortization (2,906 ) (1,744 ) 66,094 57,456 Player relationships 7,600 7,600 Less: Accumulated amortization (447 ) (279 ) 7,153 7,321 Gaming license 2,100 2,100 Less: Accumulated amortization (390 ) (367 ) 1,710 1,733 Non-compete agreements 4,200 300 Less: Accumulated amortization (116 ) (63 ) 4,084 237 Other intangible assets 1,448 948 Less: Accumulated amortization (118 ) (81 ) 1,330 867 Total finite-lived intangible assets, net 80,371 67,614 Total intangible assets, net $ 93,641 $ 80,824
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Remainder of 2016 2017 2018 2019 2020 2021 Thereafter (In thousands) Estimated amortization expense $ 5,198 $ 6,708 $ 6,621 $ 6,621 $ 6,507 $ 5,781 $ 42,935

Note 5 - Debt (Tables)

Note 5 - Debt (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	March 31, December 31, (In thousands) Term Loans $ 157,000 $ 118,500 Revolving Credit Facility – 25,000 Notes payable 4,580 5,135 Total long-term debt 161,580 148,635 Less: Unamortized debt issuance costs (2,800 ) (2,537 ) 158,780 146,098 Less: Current portion, net of unamortized debt issuance costs (11,610 ) (8,552 ) Long-term debt, net $ 147,170 $ 137,546

Note 6 - Promotional Allowanc25

Note 6 - Promotional Allowances (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Estimated Retail Value for Promotional Allowances [Table Text Block]	Three Months Ended March 31, 2016 March 29, 2015 (In thousands) Food and beverage $ 4,018 $ 159 Rooms 455 552 Other 73 53 Total promotional allowances $ 4,546 $ 764
Cost Of Promotional Allowances [Table Text Block]	Three Months Ended March 31, 2016 March 29, 2015 (In thousands) Food and beverage $ 3,014 $ 78 Rooms 191 169 Other 81 34 Total estimated cost of promotional allowances $ 3,286 $ 281

Note 7 - Share-based Compensa26

Note 7 - Share-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	Number of Common Shares Weighted- Options Available Average Outstanding Exercisable for Grant Exercise Price 2016 Balance at December 31, 2015 2,419,529 724,529 837,635 $ 8.16 Authorized — 874,709 — Granted 160,000 (160,000 ) 10.53 Exercised (159,626 ) — 10.24 Balance at March 31, 2016 2,419,903 564,903 1,552,344 $ 8.49 2015 Balance at December 28, 2014 755,617 616,792 276,635 $ 6.09 Exercised (2,500 ) — 6.14 Balance at March 29, 2015 753,117 677,870 276,635 $ 6.09

Note 11 - Commitments and Con27

Note 11 - Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Rent Expense [Table Text Block]	Three Months Ended March 31, 2016 March 29, 2015 (In thousands) Rent expense Space lease agreements $ 10,137 $ — Related party leases 702 — Other operating leases 2,727 112 $ 13,566 $ 112
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Remainder of 2016 2017 2018 2019 2020 2021 Thereafter (In thousands) Minimum lease payments Space lease agreements $ 25,705 $ 25,392 $ 18,860 $ 18,240 $ 3,372 $ 121 $ 36 Related party leases 2,113 2,604 2,053 2,070 2,105 2,140 8,573 Other operating leases 7,716 8,599 7,428 6,650 6,451 5,778 48,500 $ 35,534 $ 36,595 $ 28,341 $ 26,960 $ 11,928 $ 8,039 $ 57,109

Note 12 - Segment Information (

Note 12 - Segment Information (Tables)	3 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Distributed Gaming Casinos Corporate and Other Eliminations Consolidated (In thousands) Three months ended March 31, 2016 Net revenues $ 68,584 $ 22,413 $ 37 $ — $ 91,034 Depreciation and amortization expense (3,698 ) (1,770 ) (324 ) — (5,792 ) Income (loss) from operations 5,962 2,995 (5,220 ) — 3,737 Interest expense, net (35 ) — (1,422 ) — (1,457 ) Three months ended March 29, 2015 Net revenues $ — $ 12,722 $ 390 $ (346 ) $ 12,766 Management fee revenue (expense) — (346 ) 346 — — Gain on sale of cost method investment — — 750 — 750 Impairments and other losses — — (331 ) — (331 ) Depreciation and amortization expense — (851 ) (28 ) — (879 ) Income (loss) from operations — 298 (1,639 ) — (1,341 ) Interest expense, net — (274 ) 45 — (229 ) As of March 31, 2016 Total assets $ 246,812 $ 115,357 $ 38,450 $ — $ 400,619 As of December 31, 2015 Total assets $ 221,596 $ 112,962 $ 44,226 $ — $ 378,784

Note 2 - Merger and Acquisiti29

Note 2 - Merger and Acquisitions (Details Textual) $ / shares in Units, $ in Thousands	Jan. 29, 2016USD ($)$ / sharesshares	Jul. 31, 2015USD ($)$ / sharesshares	Mar. 31, 2016USD ($)shares	Dec. 31, 2015USD ($)shares	Mar. 29, 2015USD ($)	Mar. 29, 2015USD ($)
Initial Montana Acquisition [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 9,800
Finite-Lived Intangible Asset, Useful Life	15 years
Initial Montana Acquisition [Member] | Noncompete Agreements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 3,900
Finite-Lived Intangible Asset, Useful Life	5 years
Initial Montana Acquisition [Member] | Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles	$ 500
Finite-Lived Intangible Asset, Useful Life	4 years
Initial Montana Acquisition [Member] | Preopening Expenses [Member]
Business Combination, Acquisition Related Costs	$ 200
Initial Montana Acquisition [Member]
Business Combination, Consideration Transferred	20,100
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	$ 500
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares	50,252
Shares Issued, Price Per Share | $ / shares	$ 9.95
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 2,000
Business Combination, Contingent Consideration Arrangements, Number of Periodic Payment	4		4
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 1,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,400
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	14,200
Goodwill	$ 1,900
Sartini Trust [Member] | To Holders of Warrants [Member] | At Closing of Merger [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		7,772,736
Sartini Trust [Member] | To Holders of Warrants [Member] | Post-closing of Merger [Member]
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		223,657
Sartini Gaming [Member] | Customer Relationships [Member] | Maximum [Member]
Finite-Lived Intangible Asset, Useful Life		16 years	16 years
Sartini Gaming [Member] | Customer Relationships [Member] | Minimum [Member]
Finite-Lived Intangible Asset, Useful Life		13 years	13 years
Sartini Gaming [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		$ 59,200
Sartini Gaming [Member] | Noncompete Agreements [Member]
Finite-Lived Intangible Asset, Useful Life			2 years
Sartini Gaming [Member] | Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life		10 years
Sartini Gaming [Member] | Computer Software, Intangible Asset [Member]
Finite-Lived Intangible Asset, Useful Life			10 years
Sartini Gaming [Member] | To Holders of Warrants [Member]
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned		$ 4,200
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		457,172
Sartini Gaming [Member] | Decrease to Acquired Accounts Receivable [Member]
Goodwill, Purchase Accounting Adjustments				$ 1,600
Sartini Gaming [Member] | Third Quarter, 2015 [Member]
Business Combination, Purchase Accounting Adjustments, Reversal of Amortization Expense				200
Sartini Gaming [Member] | Maximum [Member]
Goodwill, Purchase Accounting Adjustments				$ 100
Sartini Gaming [Member] | Gaming Business [Member]
Assets			$ 224,100
Sartini Gaming [Member] | Casino Business [Member]
Assets			$ 78,800
Sartini Gaming [Member]
Business Combination, Consideration Transferred		$ 77,400
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares		8,453,565
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents		$ 25,539
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		84,104
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill		80,760
Goodwill		$ 96,342
Business Combination, Acquisition Related Costs					$ 1,000
Business Acquisition, Share Price | $ / shares		$ 9.15
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Held in Escrow | shares			777,274
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares Released from Escrow | shares				388,637
Goodwill, Purchase Accounting Adjustments				$ 2,100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent		$ 14,687		14,700
Revenue, Net			$ 73,300
Net Income (Loss) Attributable to Parent			7,100
Payments for Repurchase of Warrants		$ 3,400
Goodwill			98,222	96,288
Revenue, Net			91,034			$ 12,766
Net Income (Loss) Attributable to Parent			2,239			(1,725)
Assets			$ 400,619	$ 378,784	$ 378,784	$ 378,784

Note 2 - Summary of Pre-Merger

Note 2 - Summary of Pre-Merger Values after Post-closing True-up Adjustment (Details) - Sartini Gaming [Member]	Jul. 31, 2015USD ($)shares
Pre-Merger Value of Lakes	$ 62.60
Lakes %	80523753.00%
Pre-Merger value of Sartini Gaming	$ 37.40
Sartini Gaming	22592260.00%
Total Post-Closing Shares (in shares) | shares	8,453,565	[1]
[1]	Calculated as the sum of the number of shares of the Company's common stock outstanding immediately after the Merger (on a fully diluted basis, including shares issuable upon the exercise of outstanding in-the-money stock options) and the shares of the Company's common stock issued pursuant to the post-closing adjustment provisions of the Merger Agreement.

Note 2 - Allocation of the Purc

Note 2 - Allocation of the Purchase Price (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015	Jul. 31, 2015
Sartini Gaming [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents			$ 25,539
Other current assets			14,830
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment			84,104
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill			80,760
Goodwill			96,342
Current liabilities			(13,245)
Warrant liability			(3,435)
Debt			(190,587)
Deferred tax liability		$ (14,700)	(14,687)
Other long-term liabilities			(2,217)
Total purchase price			$ 77,404
Goodwill	$ 98,222	$ 96,288

Note 2 - Summary of Property an

Note 2 - Summary of Property and Equipment Acquired (Details) - Sartini Gaming [Member] $ in Thousands	Jul. 31, 2015USD ($)
Land [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 12,470
Land Improvements [Member] | Minimum [Member]
Acquired property, plant, and equipment, remaining useful life	5 years
Land Improvements [Member] | Maximum [Member]
Acquired property, plant, and equipment, remaining useful life	14 years
Land Improvements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 4,030
Building and Building Improvements [Member] | Minimum [Member]
Acquired property, plant, and equipment, remaining useful life	19 years
Building and Building Improvements [Member] | Maximum [Member]
Acquired property, plant, and equipment, remaining useful life	25 years
Building and Building Improvements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 21,310
Leasehold Improvements [Member] | Minimum [Member]
Acquired property, plant, and equipment, remaining useful life	1 year
Leasehold Improvements [Member] | Maximum [Member]
Acquired property, plant, and equipment, remaining useful life	28 years
Leasehold Improvements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 20,793
Furniture and Fixtures [Member] | Minimum [Member]
Acquired property, plant, and equipment, remaining useful life	1 year
Furniture and Fixtures [Member] | Maximum [Member]
Acquired property, plant, and equipment, remaining useful life	11 years
Furniture and Fixtures [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 22,866
Construction in Progress [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,635
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 84,104

Note 2 - Summary of Intangible

Note 2 - Summary of Intangible Assets Acquired (Details) - Sartini Gaming [Member] - USD ($) $ in Thousands	Jul. 31, 2015	Mar. 31, 2016
Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 12,200
Licensing Agreements [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 960
Minimum [Member] | Player Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	8 years
Minimum [Member] | Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	13 years	13 years
Minimum [Member] | Other Intangible Assets [Member]
Finite-Lived Intangible Asset, Useful Life	2 years
Maximum [Member] | Player Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	14 years
Maximum [Member] | Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life	16 years	16 years
Maximum [Member] | Other Intangible Assets [Member]
Finite-Lived Intangible Asset, Useful Life	10 years
Player Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 7,600
Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	59,200
Other Intangible Assets [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 80,760

Note 2 - Future Amortization Ex

Note 2 - Future Amortization Expense (Details) $ in Thousands	Mar. 31, 2016USD ($)
Sartini Gaming [Member]
2,016	$ 3,791
2,017	4,992
2,018	4,904
2,019	4,904
2,020	4,904
2,021	4,904
Thereafter	35,831
2,016	5,198
2,017	6,708
2,018	6,621
2,019	6,621
2,020	6,507
2,021	5,781
Thereafter	$ 42,935

Note 2 - Unaudited Pro Forma Co

Note 2 - Unaudited Pro Forma Condensed Consolidated Financial Information (Details) - Sartini Gaming [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 29, 2015USD ($)$ / sharesshares
Pro forma combined net revenues	$ 84,770
Pro forma combined net loss	$ (3,751)
Pro forma combined net loss per share:
Basic and diluted (in dollars per share) | $ / shares	$ (0.17)
Weighted average common shares outstanding:
Basic and diluted (in shares) | shares	21,845

Note 3 - Property and Equipme36

Note 3 - Property and Equipment, Net (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Furniture and Fixtures [Member] | Equipment Not yet Placed into Service [Member]
Property, Plant and Equipment, Gross	$ 4,900	$ 4,800
Furniture and Fixtures [Member]
Property, Plant and Equipment, Gross	38,231	45,840
Property, Plant and Equipment, Gross	$ 139,538	$ 128,127

Note 3 - Property, Plant and Eq

Note 3 - Property, Plant and Equipment, at Cost (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Land [Member]
Property, Plant and Equipment, Gross	$ 12,470	$ 12,470
Building and Building Improvements [Member]
Property, Plant and Equipment, Gross	82,839	67,984
Furniture and Fixtures [Member]
Property, Plant and Equipment, Gross	38,231	45,840
Construction in Progress [Member]
Property, Plant and Equipment, Gross	5,998	1,833
Property, Plant and Equipment, Gross	139,538	128,127
Less: Accumulated depreciation	(18,166)	(13,818)
Property and equipment, net	$ 121,372	$ 114,309

Note 4 - Goodwill and Intangi38

Note 4 - Goodwill and Intangible Assets, Net (Details Textual) - Licensing Agreements [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Maximum [Member]
Amortization of Intangible Assets		$ 0.1
Amortization of Intangible Assets	$ 1.4

Note 4 - Goodwill and Intangi39

Note 4 - Goodwill and Intangible Assets, Net (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Indefinite-lived Gaming Licenses [Member]
Indefinite-lived intangible assets:
Indefinite-lived intangible assets	$ 960	$ 960
Trade Names [Member]
Indefinite-lived intangible assets:
Indefinite-lived intangible assets	12,200	12,200
Other Indefinite-lived Intangible Assets [Member]
Indefinite-lived intangible assets:
Indefinite-lived intangible assets	110	50
Customer Relationships [Member]
Finite-lived intangible assets:
Finite-lived intangible assets, gross	69,000	59,200
Less: Accumulated amortization	(2,906)	(1,744)
Finite-lived intangible assets, net	66,094	57,456
Player Relationships [Member]
Finite-lived intangible assets:
Finite-lived intangible assets, gross	7,600	7,600
Less: Accumulated amortization	(447)	(279)
Finite-lived intangible assets, net	7,153	7,321
Finite-lived Gaming Licenses [Member]
Finite-lived intangible assets:
Finite-lived intangible assets, gross	2,100	2,100
Less: Accumulated amortization	(390)	(367)
Finite-lived intangible assets, net	1,710	1,733
Noncompete Agreements [Member]
Finite-lived intangible assets:
Finite-lived intangible assets, gross	4,200	300
Less: Accumulated amortization	(116)	(63)
Finite-lived intangible assets, net	4,084	237
Other Finite-lived Intangible Assets [Member]
Finite-lived intangible assets:
Finite-lived intangible assets, gross	1,448	948
Less: Accumulated amortization	(118)	(81)
Finite-lived intangible assets, net	1,330	867
Goodwill	98,222	96,288
Indefinite-lived intangible assets	13,270	13,210
Finite-lived intangible assets, net	80,371	67,614
Total intangible assets, net	$ 93,641	$ 80,824

Note 4 - Estimated Future Amort

Note 4 - Estimated Future Amortization Expense for Gaming License (Details) $ in Thousands	Mar. 31, 2016USD ($)
2,016	$ 5,198
2,017	6,708
2,018	6,621
2,019	6,621
2,020	6,507
2,021	5,781
Thereafter	$ 42,935

Note 5 - Debt (Details Textual)

Note 5 - Debt (Details Textual) - USD ($) $ in Thousands	Apr. 22, 2016	Apr. 30, 2016	Mar. 31, 2016	Mar. 25, 2016	Mar. 24, 2016	Dec. 31, 2015
Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity					$ 40,000
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Second Montana Acquisition [Member] | Subsequent Event [Member]
Proceeds from Lines of Credit		$ 25,000
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.25%
Amended Credit Agreement [Member] | Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage			0.30%
Amended Credit Agreement [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 50,000	$ 50,000
Amended Credit Agreement [Member] | Incremental Term Loans [Member]
Debt Instrument, Face Amount				$ 40,000
Amended Credit Agreement [Member] | Term Loan [Member]
Debt Instrument, Face Amount			160,000
Long-term Debt			157,000
Amended Credit Agreement [Member] | Loans Payable [Member] | Debt Instrument, Redemption, Period One [Member]
Debt Instrument, Periodic Payment			1,500
Amended Credit Agreement [Member] | Loans Payable [Member] | Debt Instrument, Redemption, Period Two [Member]
Debt Instrument, Periodic Payment			2,000
Amended Credit Agreement [Member] | Loans Payable [Member] | Debt Instrument, Redemption, Period Three [Member]
Debt Instrument, Periodic Payment			3,000
Amended Credit Agreement [Member] | Loans Payable [Member] | Debt Instrument, Redemption, Period Four [Member]
Debt Instrument, Periodic Payment			4,000
Amended Credit Agreement [Member] | Loans Payable [Member] | Debt Instrument, Redemption, Period Five [Member]
Debt Instrument, Periodic Payment			6,000
Amended Credit Agreement [Member] | Loans Payable [Member] | Debt Instrument, Redemption Period, Period Six [Member]
Debt Instrument, Periodic Payment			$ 95,000
Amended Credit Agreement [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate			0.50%
Amended Credit Agreement [Member] | Eurodollar [Member]
Debt Instrument, Basis Spread on Variable Rate			1.00%
Amended Credit Agreement [Member]
Debt, Weighted Average Interest Rate			3.18%
Beneficial Ownership Threshold			30.00%
Revolving Credit Facility [Member] | Second Montana Acquisition [Member] | Subsequent Event [Member]
Proceeds from Lines of Credit	$ 25,000
Term Loan [Member]
Long-term Debt			$ 157,000			$ 118,500
Long-term Debt			$ 158,780			$ 146,098

Note 5 - Long-term Debt (Detail

Note 5 - Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Term Loan [Member]
Long-term Debt	$ 157,000	$ 118,500
Revolving Credit Facility [Member]
Revolving Credit Facility		25,000
Long-term Debt	$ 158,780	146,098
Notes payable	4,580	5,135
Total long-term debt	161,580	148,635
Less: Unamortized debt issuance costs	(2,800)	(2,537)
Less: Current portion, net of unamortized debt issuance costs	(11,610)	(8,552)
Long-term debt, net	$ 147,170	$ 137,546

Note 6 - Estimated Retail Value

Note 6 - Estimated Retail Value of Promotional Allowance (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Food and Beverage [Member]
Promotional Allowances	$ 4,018	$ 159
Rooms [Member]
Promotional Allowances	455	552
Other1 [Member]
Promotional Allowances	73	53
Promotional Allowances	$ 4,546	$ 764

Note 6 - Estimated Cost of Prov

Note 6 - Estimated Cost of Providing Promotional Allowances (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Cost of Providing Promotional Allowances [Member]
Food and beverage	$ 3,014	$ 78
Rooms	191	169
Other	81	34
Total estimated cost of promotional allowances	3,286	281
Food and beverage	8,127	1,065
Rooms	$ 260	$ 158

Note 7 - Share-based Compensa45

Note 7 - Share-based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Aug. 27, 2015	Jun. 30, 2007	Mar. 31, 2016	Mar. 31, 2015	Mar. 29, 2015	Dec. 31, 2015	Dec. 28, 2014
Stock Option and Compensation Plan 1998 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			12,500
2015 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			1,269,709
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	2,250,000
Share-based Compensation Arrangement by Share-based Payment Award, Annual Increase	1,800,000					874,709
Plan Shares Annual Increase Threshold, Percentage	4.00%
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Number of Shares Authorized per One Participant	2,000,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			1,855,000
Stock Option and Compensation Plan of 2007 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			282,635
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		1,250,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			552,403
Share-Based Compensation Vested Options Exercisable Term		10 years
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures			160,000	0
Allocated Share-based Compensation Expense			$ 0.4		$ 0.1
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value			$ 3.94
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			1,552,344	276,635		837,635	276,635
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number			2,419,903	753,117		2,419,529	755,617
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term			7 years 292 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price			$ 8.49	$ 6.09		$ 8.16	$ 6.09
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value			$ 5.7
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term			2 years 109 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price			$ 6.17
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value			$ 2.7
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period			159,626	2,500	2,500
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value			$ 0.7		$ 0.1
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options			$ 6
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			3 years 146 days

Note 7 - Stock Option Activity

Note 7 - Stock Option Activity (Details) - $ / shares	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 29, 2015
Balance, beginning of year (in shares)	2,419,529	755,617	755,617
Balance, beginning of year (in shares)	724,529	616,792	616,792
Balance, beginning of year (in shares)	837,635	276,635	276,635
Balance, beginning of year (in dollars per share)	$ 8.16	$ 6.09	$ 6.09
Authorized (in shares)	874,709
Granted (in shares)	160,000
Granted (in shares)	(160,000)
Granted (in dollars per share)	$ 10.53
Exercised (in shares)	(159,626)	(2,500)	(2,500)
Exercised (in dollars per share)	$ 10.24	$ 6.14
Balance, end of year (in shares)	2,419,903	753,117
Balance, end of year (in shares)	564,903	677,870
Balance, end of year (in shares)	1,552,344	276,635
Balance, end of year (in dollars per share)	$ 8.49	$ 6.09

Note 8 - Net Income (Loss) pe47

Note 8 - Net Income (Loss) per Share of Common Stock (Details Textual) - shares	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	19,093	753,117

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015	Dec. 31, 2015
Maximum [Member]
Income Tax Expense (Benefit)	$ 100
Earliest Tax Year [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Income Tax Examination, Year under Examination	2,009
Latest Tax Year [Member] | Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Income Tax Examination, Year under Examination	2,013
Effective Income Tax Rate Reconciliation, Percent	2.50%	9.90%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%
Income Tax Expense (Benefit)	$ 59	$ 155
Income Taxes Receivable	$ 2,100		$ 2,100

Note 10 - Financial Instrumen49

Note 10 - Financial Instruments and Fair Value Measurements (Details Textual)	Jan. 29, 2016	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Jul. 31, 2015USD ($)
Land [Member]
Tangible Asset Impairment Charges		$ 0	$ 0
Land and Land Improvements [Member] | Sartini Gaming [Member] | Fair Value, Inputs, Level 3 [Member]
Property, Plant, and Equipment, Fair Value Disclosure				$ 37,800,000
Other Assets Acquired [Member] | Sartini Gaming [Member] | Fair Value, Inputs, Level 3 [Member]
Property, Plant, and Equipment, Fair Value Disclosure				46,300,000
Initial Montana Acquisition [Member]
Business Combination, Contingent Consideration, Liability		$ 2,000,000
Business Combination, Contingent Consideration Arrangements, Number of Periodic Payment	4	4
Sartini Gaming [Member] | Fair Value, Inputs, Level 3 [Member]
Finite and Indefinite-lived Intangible Assets, Excluding Goodwill, Fair Value Disclosure				$ 80,800,000

Note 11 - Commitments and Con50

Note 11 - Commitments and Contingencies (Details Textual)	3 Months Ended		12 Months Ended	34 Months Ended
	Mar. 31, 2016USD ($)a	Mar. 29, 2015USD ($)	Dec. 31, 2015USD ($)	Mar. 31, 2016USD ($)a
Rocky Gap State Park [Member] | Maryland DNR [Member] | Surcharge Revenue [Member]
Operating Leases, Rent Expense	$ 100,000	$ 100,000		$ 150,000
Operating Lease, LeaseTerms, Base Revenue				150,000
Rocky Gap State Park [Member] | Maryland DNR [Member] | Per Room Per Night [Member]
Operating Leases, Surcharge Revenue, Per Unit				3
Rocky Gap State Park [Member] | Maryland DNR [Member] | Per Round Of Golf [Member]
Operating Leases, Surcharge Revenue, Per Unit				$ 1
Rocky Gap State Park [Member] | Maryland DNR [Member]
Area of Real Estate Property | a	270			270
Lessee Leasing Arrangements, Operating Leases, Renewal Term	20 years
Operating Leases, Rent Expense				$ 275,000
Operating Leases, Income Statement, Percent Revenue, Percent				0.90%
Pahrump, Nevada [Member] | Gold Town Casino [Member] | Sublease to Unrelated Third Party [Member] | Maximum [Member]
Operating Leases, Income Statement, Sublease Revenue	$ 100,000
Pahrump, Nevada [Member] | Gold Town Casino [Member] | Sublease to Unrelated Third Party [Member]
Area of Land | a	2			2
Pahrump, Nevada [Member] | Gold Town Casino [Member]
Number of Leased Parcels	4
Area of Land | a	9			9
Office Headquarters [Member] | Maximum [Member]
Operating Leases, Income Statement, Sublease Revenue	$ 100,000
Maximum [Member]
Lessee Leasing Arrangements, Operating Leases, Renewal Term	15 years
Lessee Leasing Arrangements, Operating Leases, Term of Contract	14 years
Minimum [Member]
Lessee Leasing Arrangements, Operating Leases, Renewal Term	1 year
Lessee Leasing Arrangements, Operating Leases, Term of Contract	1 year
Participation and Revenue Share Agreements [Member] | Related Party Transaction, Revenue Share and Participation Agreement [Member]
Casino Expenses	$ 500,000
Participation and Revenue Share Agreements [Member]
Casino Expenses	28,200,000	0
Jerry Argovitz Litigation [Member]
Loss Contingency, Damages Sought, Value			$ 1,000,000
Operating Leases, Rent Expense	13,566,000	112,000
Casino Expenses	$ 55,491,000	$ 6,065,000

Note 11 - Rent Expense (Details

Note 11 - Rent Expense (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Space Leases [Member]
Rent expense
Operating Leases, Rent Expense	$ 10,137
Related Party Leases [Member]
Rent expense
Operating Leases, Rent Expense	702
Other Operating Leases [Member]
Rent expense
Operating Leases, Rent Expense	2,727	$ 112
Operating Leases, Rent Expense	$ 13,566	$ 112

Note 11 - Future Minimum Paymen

Note 11 - Future Minimum Payments for Operating Lease (Details) $ in Thousands	Mar. 31, 2016USD ($)
Space Leases [Member]
2,016	$ 25,705
2,017	25,392
2,018	18,860
2,019	18,240
2,020	3,372
2,021	121
Thereafter	36
Related Party Leases [Member]
2,016	2,113
2,017	2,604
2,018	2,053
2,019	2,070
2,020	2,105
2,021	2,140
Thereafter	8,573
Other Operating Leases [Member]
2,016	7,716
2,017	8,599
2,018	7,428
2,019	6,650
2,020	6,451
2,021	5,778
Thereafter	48,500
2,016	35,534
2,017	36,595
2,018	28,341
2,019	26,960
2,020	11,928
2,021	8,039
Thereafter	$ 57,109

Note 12 - Segment Information53

Note 12 - Segment Information (Details Textual)	3 Months Ended
	Mar. 31, 2016
Number of Reportable Segments	2

Note 12 - Assets and Operations

Note 12 - Assets and Operations of Report Segments (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015	Dec. 31, 2015
Operating Segments [Member] | Distributed Gaming [Member]
Revenue, Net	$ 68,584
Depreciation and amortization expense	(3,698)
Income (loss) from operations	5,962
Interest expense, net	(35)
Management fee revenue (expense)
Gain on sale of cost method investment
Impairments and other losses
Assets	246,812	$ 221,596
Operating Segments [Member] | Casinos [Member]
Revenue, Net	22,413	12,722
Depreciation and amortization expense	(1,770)	(851)
Income (loss) from operations	$ 2,995	298
Interest expense, net		(274)
Management fee revenue (expense)		$ (346)
Gain on sale of cost method investment
Impairments and other losses
Assets	$ 115,357	$ 112,962
Consolidation, Eliminations [Member]
Revenue, Net		$ (346)
Depreciation and amortization expense
Income (loss) from operations
Interest expense, net
Management fee revenue (expense)
Gain on sale of cost method investment
Impairments and other losses
Assets
Corporate and Other [Member]
Revenue, Net	$ 37	$ 390
Depreciation and amortization expense	(324)	(28)
Income (loss) from operations	(5,220)	(1,639)
Interest expense, net	(1,422)	45
Management fee revenue (expense)		346
Gain on sale of cost method investment		750
Impairments and other losses		(331)
Assets	38,450	44,226
Revenue, Net	91,034	12,766
Depreciation and amortization expense	(5,792)	(879)
Income (loss) from operations	3,737	(1,341)
Interest expense, net	$ (1,457)	$ (229)
Management fee revenue (expense)
Gain on sale of cost method investment		$ 750
Impairments and other losses		(331)
Assets	$ 400,619	$ 378,784	$ 378,784

Note 13 - Related Party Trans55

Note 13 - Related Party Transactions (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 29, 2015
Office Headquarters and Tavern Lease [Member] | Mr. Sartini [Member]
Percentage of Counterparty Ownership by Related Party	33.00%
Office Headquarters and Tavern Lease [Member] | Stephen Arcana [Member]
Percentage of Counterparty Ownership by Related Party	3.00%
Office Headquarters and Tavern Lease [Member] | Minimum [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	1 year
Office Headquarters and Tavern Lease [Member] | Maximum [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	15 years
Office Headquarters and Tavern Lease [Member]
Related Party Transaction, Due from (to) Related Party	$ 0
Office Headquarters Lease [Member] | Mr. Sartini [Member] | Maximum [Member]
Operating Leases, Income Statement, Sublease Revenue	100,000
Office Headquarters Lease [Member] | Mr. Sartini [Member]
Related Party Transaction, Amounts of Transaction	300,000
Tavern Leases [Member] | Mr. Sartini [Member]
Related Party Transaction, Amounts of Transaction	400,000
Base Salary [Member] | Son of Chief Executive Officer [Member]
Related Party Transaction, Amounts of Transaction	275,000
Discretionary Bonuses [Member] | Son of Chief Executive Officer [Member]
Related Party Transaction, Amounts of Transaction	30,000
Immediate Family Member of Management or Principal Owner [Member] | Maximum [Member]
Due to Related Parties	100,000
Immediate Family Member of Management or Principal Owner [Member]
Due from Related Parties	0
Casino Revenue	450,000
Casino Expenses	390,000
Son of Chief Executive Officer [Member]
Related Party Transaction, Amounts of Transaction	$ 65,000
Related Party, Eligible Target Annual Bonus, Next Twelve Months	35.00%
Director [Member]
Casino Revenue	$ 100,000
Minimum [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	1 year
Maximum [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	14 years
Casino Revenue	$ 78,472,000	$ 10,600,000
Casino Expenses	$ 55,491,000	$ 6,065,000

Note 14 - Subsequent Events (De

Note 14 - Subsequent Events (Details Textual) - Second Montana Acquisition [Member] - Subsequent Event [Member] $ in Millions	Apr. 22, 2016USD ($)
Revolving Credit Facility [Member]
Proceeds from Lines of Credit	$ 25
Business Combination, Consideration Transferred	$ 25