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9. Segment Data
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Data

Note 9 – Segment Data

 

Each of the Company’s business segments offer different, but synergistic products and services, and are managed separately, by different chief operating decision makers.

 

The Company’s business consists of three reportable segments:

 

·Poker, gaming and entertainment, provided through WPT, including televised gaming and entertainment, land-based poker tournaments, online and mobile poker applications.
·E-sports, provided through Allied Esports, including multiplayer video game competitions.
·Corporate

 

The following tables present segment information for each of the three and nine months ended September 30, 2019 and 2018:

 

   For the three months ended September 30, 2019  For the nine months ended September 30, 2019 
   Gaming &
Entertainment		  E-sports  Corporate(1)  TOTAL  Gaming &
Entertainment		  E-sports  Corporate(1)  TOTAL 
                          
Revenues  $4,137,091  $1,904,450  $–  $6,041,541  $14,022,841  $5,592,094  $–  $19,614,935 
Loss from Operations  $172,502  $2,984,047  $661,054  $3,817,603  $1,069,712  $8,685,384  $661,054  $10,416,151 

 

   For the three months ended September 30, 2018  For the nine months ended September 30, 2018 
   Gaming &
Entertainment		  E-sports  Corporate(1)  TOTAL  Gaming &
Entertainment		  E-sports  Corporate(1)  TOTAL 
                          
Revenues  $4,426,935  $1,053,306  $–  $5,480,241  $12,347,616  $2,851,680  $–  $15,199,296 
Loss from Operations  $232,220  $6,184,578  $–  $6,416,798  $1,926,092  $20,673,388  $–  $22,599,480 

 

  As of September 30, 2019  As of December 31, 2018 
   Gaming &
Entertainment		   E-sports   Corporate(2)   TOTAL   Gaming &
Entertainment		   E-sports   Corporate(2)   TOTAL 
                                 
Total Assets $37,398,491  $22,347,135  $14,729,098  $74,474,724  $37,315,493  $27,931,444  $–  $65,246,937 

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1)Unallocated corporate operating losses result from general corporate overhead expenses not directly attributable to any one of the business segments. These expenses are reported separate from the Company’s identified segments and are included in General and Administrative expenses on the accompanying condensed consolidated statements of operations.
2)Unallocated corporate assets not directly attributable to any one of the business segments.