Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.21.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

   

 

December 31, 2020

  December 31, 2019
    Cost  

 

Impairment charge

  Accumulated amortization   Net book
value
  Net book
value
Betting platform software   $ 5,689,965     $ —       $ (1,016,651 )   $ 4,673,314     $ 5,052,645  
Licenses     10,704,888       (4,900,000 )     (887,155 )     4,917,733       9,929,495  
Location contracts     1,000,000       —         (911,545 )     88,455       231,312  
Customer relationships     870,927       —         (361,690 )     509,237       569,700  
Trademarks     119,477       —         (50,634 )     68,843       73,875  
Websites     40,000       —         (40,000 )     —         —    
    $ 18,425,257     $ (4,900,000 )   $ (3,267,675 )   $ 10,257,582     $ 15,857,027  
                                         

 

Estimated Amortization
    Amount
  2021     622,285  
  2022     450,403  
  2023     449,958  
  2024     448,124  
  2025     448,124  
  Total estimated amortization expense     2,418,894