v3.26.1
PROPERTY PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2026
PROPERTY PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

NOTE 9 – PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment, net, consists of the following for the periods indicated:

 

Description

 

As of

March 31, 

2026

 

 

As of

December 31, 

2025

 

Land

 

$28,651

 

 

$29,353

 

Property, plant and equipment construction in process

 

 

192

 

 

 

 

 

Buildings, net

 

 

9,796,934

 

 

 

10,095,339

 

Slots and machines, net

 

 

11,488,006

 

 

 

12,246,801

 

Equipment, net

 

 

3,238,548

 

 

 

3,375,011

 

Computers, net

 

 

1,101,415

 

 

 

1,298,991

 

Televisions, net

 

 

223,576

 

 

 

243,969

 

Investment in third party property, plant and equipment

 

 

1,483,350

 

 

 

1,674,402

 

Total property, plant and equipment, net

 

$27,360,672

 

 

$28,963,866

 

 

Investment in third party property represents leasehold improvements that are in rented premises for retail betting.

 

Depreciation expenses were $1,435,955 and $1,436,247, for the three months ended March 31, 2026, and 2025, respectively.