text: **NOTE 2 — SIGNIFICANT ACCOUNTING POLICIES**
  **AND BASIS OF PRESENTATION**
  **Principles of consolidation.**The consolidated financial statements include the 
  accounts of the Company and its subsidiaries. Investments in unconsolidated 
  affiliates which are 50% or less owned are accounted for under the equity method. 
  All significant intercompany balances and transactions have been eliminated in 
  consolidation. The Company’s operations are primarily in one segment – operation 
  of casino resorts. Other operations, and foreign operations, are not material. 