Quarterly report pursuant to Section 13 or 15(d)

Restricted Cash

v3.10.0.1
Restricted Cash
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Restricted Cash

5. Restricted Cash

 

Restricted cash is cash held in a segregated bank account at Intesa Sanpaolo Bank S.p.A. (“Intesa Sanpaolo Bank”) as collateral against our operating line of credit with Intesa Sanpaolo Bank as well as Wirecard Bank as a security deposit for Ulisse betting operations. In addition, the Company maintains a $1 million deposit at Metropolitan Commercial bank to be held as security against a $1 million line of credit. See Note 7.