DEPOSITS AND NONCURRENT PREPAID ASSETS |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| DEPOSITS AND NON-CURRENT PREPAID ASSETS | NOTE 10 – DEPOSITS AND NON-CURRENT PREPAID ASSETS
As of June 30, 2025 and December 31, 2024, deposits and prepaid assets are $6,189,912 and $5,706,319, respectively. The components of deposits and prepaid assets are as follows:
Betting and casino deposits are long term deposits held with the following banks: NLB Komercijalna bank, EFG-Direktna bank, Halk bank, Bank Postanska Stedionica, and Fibank, as security for the permission granted to operate in a particular region.
Other deposits are long-term deposits with EFG Direktna bank and Nova bank for open credit lines and e-commerce services.
The deposits with NLB Komercijalna bank accrue interest at the rates of 1.0% and 1.9% per annum. |
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