SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Tables)

9 Months Ended

Sep. 30, 2025

SEGMENT REPORTING AND GEOGRAPHIC INFORMATION

Schedule of segment reporting information

		For the nine months ended
		September 30, 2025
		MeridianBet Group				GMAG				RKings & CFAC				Total

Revenues		$	89,392,980			$	11,007,085			$	32,884,664			$	133,284,729
Cost of revenue			(26,755,333	)			(7,557,329	)			(23,924,061	)			(58,236,723	)
Segment gross profit			62,637,647				3,449,756				8,960,603				75,048,006

Less:
Selling, general and administrative expenses			11,342,321				1,252,431				1,705,588				14,300,340
Salaries and wages			16,366,968				1,121,982				874,398				18,363,348
Professional fees			1,745,728				245,212				57,140				2,048,080
Marketing expenses			14,864,692				648,084				4,126,722				19,639,498
Rents and utilities			5,474,898				102,085				141,624				5,718,607
Bad debt expense			229,239												229,239
Segment income from operations			12,613,801				79,962				2,055,131				14,748,894

Less:
Holding company expenses															2,878,950
Restructuring costs															278,090
Stock-based compensation expenses															3,003,054
Depreciation expenses															4,193,434
Amortization expenses															7,193,854
Total income (loss) from operations														$	(2,798,488	)

Schedule of long-lived assets by geographic region

		For the three months ended																For the nine months ended
		September 30, 2025								September 30, 2024								September 30, 2025								September 30, 2024
UK		$	9,029,513				19	%		$	8,879,408				22	%		$	26,257,493				20	%		$	18,536,370				18	%
Europe (UK-Excl.)			26,672,175				56	%			21,896,664				53	%			73,653,393				55	%			64,233,494				61	%
Central and South America			2,231,805				5	%			1,484,262				4	%			6,353,255				5	%			3,454,909				3	%
Asia Pacific (Australia Excl.)			2,939,491				6	%			3,746,094				9	%			9,330,413				7	%			7,752,215				8	%
Australia			2,292,529				5	%			2,181,998				5	%			6,627,171				5	%			2,400,690				2	%
Africa			4,150,795				9	%			2,803,903				7	%			11,063,004				8	%			8,880,480				8	%
Total		$	47,316,308				100	%		$	40,992,329				100	%		$	133,284,729				100	%		$	105,258,158				100	%