Acquisitions (Details Narrative) |
6 Months Ended |
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Jun. 30, 2016
shares
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Odissea [Member] | |
Business Acquisition [Line Items] | |
Share issued for acquisition | 4,386,100 |
Ownership | 11.85% |
Agreement |
Pursuant to the Odissea SPA, upon completion of certification of the Betting Operating System by the ADM the sellers may exercise the option to resell to the Company 50% of the shares of common stock issued in consideration for the purchase price (or 2,193,050 shares) at a fixed price of U.S. $1.00 per share. The repurchase option expires on June 30, 2017, 12 months after the Closing Date. |
Ulisse [Member] | |
Business Acquisition [Line Items] | |
Share issued for acquisition | 1,665,600 |
Ownership | 4.50% |
Agreement |
Pursuant to the Ulisse SPA, upon completion of the ADM license tender auction and the Rights obtained by the Company are assigned to the Ulisse locations the sellers may exercise the option to resell to the Company 50% of the shares of common stock issued in consideration for the purchase price (or 832,800 shares) at a fixed price of U.S. $1.00 per share. The repurchase option expires on June 30, 2017, 12 months after the Closing Date. |
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- Definition Description of equity interests issued or issuable to acquire the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The number of units or percentage investment held in the subsidiary by the limited liability company or limited partnership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Details
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