v3.25.2
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 43,245,368 $ 39,415,242 $ 85,968,421 $ 64,265,829
Cost of revenue     (37,306,838)  
Segment gross profit     48,661,583  
Selling, general and administrative expenses     8,869,259  
Salaries and wages     12,058,537  
Professional fees     1,530,033  
Marketing expenses     12,751,378  
Rents and utilities     3,509,304  
Bad debt expense     168,929  
Segment income from operations     9,774,143  
Holding company expenses     2,180,146  
Restructuring costs     149,934  
Stock-based compensation expenses 1,416,314 1,638,052 2,456,639 1,638,052
Depreciation expenses 1,344,024 826,664 2,780,271 2,028,263
Amortization expenses     4,618,020  
Total income (loss) from operations (2,304,850) 125,112 (2,410,867) 3,819,233
Cost of goods sold $ (18,868,349) $ (17,729,700) (37,395,441) $ (24,888,357)
RKings & CFAC [Member]        
Revenues     21,562,622  
Segment gross profit     6,023,665  
Selling, general and administrative expenses     1,122,520  
Salaries and wages     527,276  
Professional fees     47,602  
Marketing expenses     2,765,174  
Rents and utilities     92,569  
Bad debt expense     0  
Segment income from operations     1,468,524  
Cost of goods sold     (15,538,957)  
MeridianBet Group [Member]        
Revenues     56,934,460  
Segment gross profit     40,360,015  
Selling, general and administrative expenses     7,051,698  
Salaries and wages     10,845,152  
Professional fees     1,322,989  
Marketing expenses     9,560,442  
Rents and utilities     3,354,862  
Bad debt expense     168,929  
Segment income from operations     8,055,943  
Cost of goods sold     (16,574,445)  
GMAG [Member]        
Revenues     7,471,339  
Segment gross profit     2,277,903  
Selling, general and administrative expenses     695,041  
Salaries and wages     686,109  
Professional fees     159,442  
Marketing expenses     425,762  
Rents and utilities     61,873  
Bad debt expense     0  
Segment income from operations     249,676  
Cost of goods sold     $ (5,193,436)