Quarterly report pursuant to Section 13 or 15(d)

7. Intangible Assets (Tables)

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7. Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
                                 
   

March 31,

2022

  December 31, 2021
    Cost   Accumulated amortization   Net book value   Net book value
Betting platform software   $ 6,149,537     $ (1,506,134 )   $ 4,643,403     $ 4,745,895  
Licenses     964,081       (961,168 )     2,913       3,413  
Location contracts     1,000,000       (1,000,000 )                  
Customer relationships     8,145,927       (723,551 )     7,422,376       7,538,533  
Trademarks     1,537,599       (161,454 )     1,376,145       1,413,887  
Non-compete agreements     2,096,000       (371,167 )     1,724,833       1,855,833  
Websites     40,000       (40,000 )              —    
    $ 19,933,144     $ (4,763,474 )   $ 15,169,670     $ 15,557,561  
Intangible Assets - Amortization Expense
Amortization Expense   Amount
     
Remainder of 2022   $ 1,162,854  
2023     1,550,437  
2024     1,548,788  
2025     1,308,621  
2026     1,024,789  
Total estimated amortization expense   $ 6,595,489