Note 6 — Intangible assets, Net 

Intangible assets, net at June 30, 2026 and December 31, 2025, are summarized as follows:

Trademarks, licenses and domain names have no amortization as the Company recognizes these identified intangibles assets as having an indefinite useful life. The Company considered various economic and competitive factors, including but not limited to, the life of trademarks and licenses that have been in existence with trademarks generally in the casino industry. The Company expects to generate cash flows from these intangible assets for an indefinite period of time. The Company’s trademarks, licenses and domain names are located in Europe and the US. There was no impairment during the three and six months ended June 30, 2026 and 2025.

For the six months ended June 30, 2026 and 2025, the Company capitalized costs of $0.9 million and $0.3 million incurred with respect to internal-use software, respectively. The Company recorded $0.1 million and $0.1 million in amortization expense on internal-use software for the three months ended June 30, 2026 and 2025, respectively, which is included in general and administrative expenses in the unaudited condensed consolidated statements of operations. The Company recorded $0.1 million and $0.1 million in amortization expense on internal-use software for the six months ended June 30, 2026 and 2025, respectively, which is included in general and administrative expenses in the unaudited condensed consolidated statements of operations.