Annual report pursuant to Section 13 and 15(d)

Revenues

v3.20.1
Revenues
 12 Months Ended
Dec. 31, 2018
Revenues [Abstract]  
Revenues

17. 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