Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.21.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

 

March 31,

2021

  December 31, 2020
    Cost   Accumulated amortization   Net book value   Net book value
Betting platform software   $ 5,689,965     $ (1,111,484 )   $ 4,578,481     $ 4,673,314  
Licenses     5,799,629       (910,191 )     4,889,438       4,917,733  
Location contracts     1,000,000       (947,260 )     52,740       88,455  
Customer relationships     870,927       (376,804 )     494,123       509,237  
Trademarks     119,094       (52,691 )     66,403       68,843  
Websites     40,000       (40,000 )     —         —    
    $ 13,519,615     $ (3,438,430 )   $ 10,081,185     $ 10,257,582  

 

Amortization Expense
    Amount
  Remainder of 2021   $ 446,424  
  2022     450,371  
  2023     449,793  
  2024     448,118  
  2025     448,118  
  Total estimated amortization expense   $ 2,242,824