Trans World Corporation (TWC) is engaged in acquisition, development and management of gaming establishments, to the extent permitted by applicable local laws, featuring live and mechanized gaming, including video gaming devices such as video poker machines. As of December 31, 2012, the Company operates three full-service casinos; all of which are fully-owned. The three casinos are in the Czech Republic, located in Ceska Kubice (Ceska), Hate (Route 59), and Dolni Dvoriste (Route 55). The Company also manage a gaming and entertainment operation, under a management contract, the Grand Casino Lav and InMotion Nightclub (collectively referred to as the Grand Casino Lav), located in Podstrana, Croatia, near the city of Split. On June 30, 2012, the Company sold its casino, located at Rozvadov.