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Revenue and Geographic Information
6 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue and Geographic Information

Note 13 – Revenue and Geographic Information

 

The Company is a provider of iGaming, traditional sports betting and esports services that commenced revenue generating operations during the year ended June 30, 2021 with the acquisitions of Argyll, Flip Sports Limited (“FLIP”), EGL, Lucky Dino, GGC and Helix. The Company acquired Bethard in July 2021 adding to its revenue generating operations. The revenues and long-lived assets of Argyll (until November 30, 2022 when no further bets were taken as part of the winding down of the Argyll operations), EGL Lucky Dino and Bethard (Bethard’s operations are being sold in a transaction expected to close in February 2023 (See Note 19)), have been identified as the international operations as they principally service customers in Europe, inclusive of the United Kingdom. The revenues and long-lived assets of FLIP, GGC and Helix (until June 10, 2022 when the Helix Game Centers were disposed) principally service customers in the United States.

 

A disaggregation of revenue by type of service for the three and six months ended December 31, 2022 and 2021 is as follows:

 

                     
  

Three months ended

December 31,

  

Six months ended

December 31,

 
   2022   2021   2022   2021 
Online betting and casino revenues  $5,538,486   $12,439,696   $14,133,832   $27,102,284 
Esports and other revenues   870,919    2,091,351    1,880,837    3,837,054 
Total  $6,409,405   $14,531,047   $16,014,669   $30,939,338 

 

A summary of revenue by geography for the three and six months ended December 31, 2021 and 2020 is as follows:

 

                     
  

Three months ended

December 31,

  

Six months ended

December 31,

 
   2022   2021   2022   2021 
United States  $581,501   $1,688,578   $1,394,381   $3,208,843 
International   5,827,904    12,842,469    14,620,288    27,730,495 
Total  $6,409,405   $14,531,047   $16,014,669   $30,939,338 

 

A summary of long-lived assets by geography is as follows:

 

           
   December 31, 2022   June 30, 2022 
United States  $5,592,080   $8,271,360 
International   29,724,622    46,620,831 
Total  $35,316,702   $54,892,191