v3.25.3
DEPOSITS AND NONCURRENT PREPAID ASSETS
9 Months Ended
Sep. 30, 2025
DEPOSITS AND NONCURRENT PREPAID ASSETS  
DEPOSITS AND NON-CURRENT PREPAID ASSETS

NOTE 10 – DEPOSITS AND NON-CURRENT PREPAID ASSETS

 

As of September 30, 2025 and December 31, 2024, deposits and prepaid assets are $6,197,848 and $5,706,319, respectively. The components of deposits and prepaid assets are as follows: 

 

Description

 

As of September 30, 2025

 

 

As of December 31,  2024

 

Deposits for rent & office leases

 

$361,829

 

 

$183,596

 

Deposits for retail betting

 

 

2,815,506

 

 

 

2,522,993

 

Deposits for retail casino

 

 

-

 

 

 

2,880

 

Deposits for internet betting

 

 

861,799

 

 

 

1,082,621

 

Other prepayments

 

 

12,952

 

 

 

10,785

 

Other deposits

 

 

2,145,762

 

 

 

1,903,444

 

Total deposits and prepaid assets

 

$6,197,848

 

 

$5,706,319

 

 

 
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Table of Contents

 

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.