Note 2 - Acquisitions

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Business Combination Disclosure [Text Block]

NOTE

2.

ACQUISITIONS

In Bet Gaming II

During the quarter ended

September 30, 2019,

the Company acquired certain intangible assets related to table game intellectual property from In Bet Gaming, Inc ("In Bet II"). The acquisition was accounted for as an acquisition of a business and the assets acquired were measured based on our estimates of their fair values at the acquisition date. We attribute the goodwill recognized to our ability to commercialize the products over our distribution and sales network, opportunities for synergies, and other strategic benefits. The consideration of

$4.0

million was allocated primarily to tax deductible goodwill for

$1.2

 million and intangible assets of

$2.8

 million, which will be amortized over a weighted average period of approximately

9.3

 years.