Quarterly report pursuant to Section 13 or 15(d)

7. Intangible Assets (Tables)

v3.21.2
7. Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
                               
 

September 30,

2021

  December 31, 2020
  Cost   Accumulated amortization   Net book value   Net book value
Betting platform software $ 5,689,965     $ (1,301,150 )   $ 4,388,815     $ 4,673,314  
Licenses   5,797,954       (955,554 )     4,842,400       4,917,733  
Location contracts   1,000,000       (1,000,000 )           88,455  
Customer relationships   8,145,927       (491,237 )     7,654,690       509,237  
Trademarks   1,537,972       (86,396 )     1,451,576       68,843  
Non-compete agreements   2,096,000       (109,167 )     1,986,833        
Websites   40,000       (40,000 )            
  $ 24,307,818     $ (3,983,504 )   $ 20,324,314     $ 10,257,582  
Intangible Assets - Amortization Expense
Amortization Expense   Amount  
  Remainder of 2021 $ 390,124  
  2022   1,520,415  
  2023   1,519,836  
  2024   1,518,174  
  2025   1,278,007  
  2026   994,173  
  Total estimated amortization expense $ 7,220,729