Revenues |
16. Revenues
The following table represents disaggregated
revenues from our gaming operations for the years ended December 31, 2018 and 2017. Handle (turnover) represents the total bets
processed for the period.
For the Year Ended December 31, |
|
2018 |
|
2017 |
|
|
|
|
|
Handle (Turnover) |
|
|
|
|
Handle web-based |
|
$ |
235,891,170 |
|
|
$ |
106,785,302 |
|
Handle land-based |
|
|
177,334,592 |
|
|
|
111,734,469 |
|
Total Handle (Turnover) |
|
$ |
413,225,762 |
|
|
$ |
218,519,771 |
|
|
|
|
|
|
|
|
|
|
Winnings/Payouts |
|
|
|
|
|
|
|
|
Winnings web-based |
|
|
223,064,978 |
|
|
|
100,860,085 |
|
Winnings land-based |
|
|
152,446,130 |
|
|
|
94,201,786 |
|
Total Winnings/Payouts |
|
|
375,511,108 |
|
|
|
195,061,871 |
|
|
|
|
|
|
|
|
|
|
Gross Gaming Revenues |
|
$ |
37,714,654 |
|
|
$ |
23,457,900 |
|
|
|
|
|
|
|
|
|
|
Less: ADM Gaming Taxes |
|
|
3,417,150 |
|
|
|
1,761,935 |
|
|
|
|
|
|
|
|
|
|
Net Gaming Revenues |
|
$ |
34,297,504 |
|
|
$ |
21,695,965 |
|
Add: Commission Revenues |
|
|
135,957 |
|
|
|
281,285 |
|
Add: Service Revenues |
|
|
141,636 |
|
|
|
887,896 |
|
Revenues |
|
$ |
34,575,097 |
|
|
$ |
22,865,146 |
|
|